Journal ArticleDOI
U.S. industrial intracorporate entrepreneurship practices
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In this article, the authors report the intracorporate entrepreneurial program (ICEP) practices, or ''venture management'' activities, of 210 American industrial firms and reveal a growing concern among US industrial enterprises about increasing competition and outlines a viable action-oriented response to these competitive pressures.Abstract:
This article reports the intracorporate entrepreneurial program (ICEP) practices, or‘venture management’ activities, of 210 American industrial firms. The survey reveals a growing concern among US. industrial enterprises about increasing competition and outlines a viable action-oriented response to these competitive pressures. Motives for creating long-term resource commitments to the creation of new product ventures and new technology divisions in existing companies are explored. A preliminary assessment is made of the effect of such programs on the human resources and performance measures of the organization. A cautious optimism for the successful continued growth of such programs is argued.read more
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