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Sustainable Corporate Entrepreneurship: Performance and Strategies Toward Innovation
Authors:Anna Katharina Provasnek  Erwin Schmid  Bernhard Geissler  Gerald Steiner
Institution:1. Institute for Sustainable Economic Development, University of Natural Resources and Life Sciences Vienna, Vienna, Austria;2. Department for Knowledge and Communication Management, Danube University Krems, Krems, Austria;3. Weatherhead Center for International Affairs, Harvard University, Cambridge, MA, USA
Abstract:The field of sustainable corporate entrepreneurship is in a nascent stage. By developing a position matrix of companies with respect to their corporate entrepreneurship and sustainability performance, we make conceptual contributions to an integrated perspective on elements supporting a sustainable corporate entrepreneurship process. We propose that such a process without evolving corporate sustainability is misleading. Methodologically, we investigate publicly available index ratings to assess strategies for and qualitative measurement of the sustainable development and innovation performance of eight top‐ranked international companies. Findings show that the strategies of the identified companies correspond well to our typology and allow suggestions of where efforts for corporate sustainability and/or entrepreneurship could be reinforced to gain or maintain a benchmark position. The article will clarify underlying elements of, and help to advance strategies for the implementation of, a sustainable corporate entrepreneurship process. Copyright © 2016 John Wiley & Sons, Ltd and ERP Environment
Keywords:entrepreneurship theory  sustainable development  innovation  sustainable corporate entrepreneurship  performance  management strategy
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