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Corporate Entrepreneurship: An Investigation into Factors which Contribute to Entrepreneurial Activities within the Financial Services Industry

McGlone, Catherine (2014) Corporate Entrepreneurship: An Investigation into Factors which Contribute to Entrepreneurial Activities within the Financial Services Industry. Masters thesis, Dublin, National College of Ireland.

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Abstract

The objective of this dissertation is to contribute to a better understanding of the existence and practice of corporate entrepreneurship within a traditional, and mature
financial institution. By analyzing specific dimensions identified in existing literature which promote and support corporate entrepreneurship, this study aims to establish if
an internal environment conducive to entrepreneurial activity exists, and examine associations between the contributing factors.

This dissertation examines antecedents of corporate entrepreneurship captured through a quantitative data collection method. The Corporate Entrepreneurship Climate
Instrument, a survey which uses a Likert-style rating scale was administered to employees within a multinational financial services organization. Results have been
independently tested for reliability using Cronbach’s Alpha. Associations between variables have been identified through Pearson’s correlation coefficient. Each factor has
been assessed to determine if it is positively contributing to corporate entrepreneurship, or if it is perceived as a barrier to entrepreneurial activity.

The research findings indicate associations between the antecedents of corporate entrepreneurship: management support, work discretion rewards/reinforcement, time
availability and organizational boundaries. This suggests support structures and mindsets exist within the financial institution, which promote innovation and corporate
entrepreneurship. However there are opportunities for improvement in some of the dimensions investigated in this study to further increase the level of entrepreneurship
and innovation within the organization. Recommendations for changes to organizational policies have been outlined as a means of promoting an increased level of entrepreneurial activity within the firm. As well as this,a new framework is proposed to interpret the transition phase of the organization with regards to implementing CE activities.

Item Type: Thesis (Masters)
Subjects: H Social Sciences > HB Economic Theory > Entrepreneurship
H Social Sciences > HG Finance > Financial Services
Divisions: School of Business > Master of Business Administration
Depositing User: Claire Wallnutt
Date Deposited: 14 Nov 2014 17:14
Last Modified: 14 Nov 2014 17:14
URI: https://norma.ncirl.ie/id/eprint/1751

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