The impact of intrapreneurship on growth and profitability
Auer Antončič, Jasna ...
This paper investigates the intrapreneurship-performance relationship in firms in the US, Australia, and Slovenia. We examined the relationship between firm profitability and growth and the ...underlying measures of innovativeness, proactivity, and self-renewal in each of the three countries which exhibit significantly different stages of economic development and per capita incomes. We found that in the US there was a positive relationship between innovativeness and growth, pro-activity and growth, and a negative relationship between self-renewal and growth. Australia showed a positive relationship between both new business venturing and growth and between pro-activity and growth. Slovenia had a positive relationship between innovativeness and growth and between self-renewal and growth. Surprisingly, negative impacts of new business venturing on profitability were revealed. US firms were the strongest in growth and especially in profitability, followed by Australian and then Slovenian firms. US firms were the most venturesome, innovative, and proactive and Australian firms were the least venturesome. Self-renewal seemed not to differ among the three countries. Based on the results of this study, an intrapreneurship-based economic development model was developed. This study has important practical implications for firms in each country.
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