The effect of intrapreneurial experience on corporate venturing: Evidence from developed economies

Maribel Guerrero*, Iñaki Peña-Legazkue

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

35 Citations (Scopus)

Abstract

This paper examines a specific, yet unexplored, dimension of human capital; namely, intrapreneurial experience. Intrapreneurial experience is defined as a human capital attribute of employees who have a leading role in the development and implementation of re-generation activities within an organization under a proactive, innovative, and risk-oriented focus. The effect of individuals' intrapreneurial experiences on firm creation from an organization (i.e., corporate venturing) is tested by using data collected from different countries. Using a binomial logistic regression analysis and data from the 2011 Global Entrepreneurship Monitor (GEM), results show that intrapreneurial experience is positively associated with corporate venturing. Moreover, the effect on corporate venturing seems to be higher than that exerted by other human capital variables of employees.

Original languageEnglish
Pages (from-to)397-416
Number of pages20
JournalInternational Entrepreneurship and Management Journal
Volume9
Issue number3
Early online date12 May 2013
DOIs
Publication statusPublished - 1 Sep 2013
Externally publishedYes

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