Small and Medium enterprises are widely distributed in the Nigerian economy and they are major contributors to the socio-economic development of the nation. However, some salient features of these enterprises and the dynamic nature of a highly global economy makes the effective and efficient contributions of these enterprises unattainable. The central argument of this paper is that entrepreneurial orientation is the panacea to this ebbing productivity. Accordingly, the paper provides deeper understanding of the cross-functional activities in the behaviour-embedded nature of innovation, proactivity, autonomy, risk-taking propensity and competitive aggressiveness.
This paper compares performance measures in the corporate and strategic entrepreneurial activities of firms. The paper develops the concepts of strategic entrepreneurship and that of corporate entrepreneurship with the aim of identifying the measures suitable for determining their "end-points" and hence, performance, with respect to the firm's activities. The paper concludes the performance measures for both entrepreneurial processes need to consider and exploit the salient differences in their operations. When this is done, a "balanced" picture of the firm's strategic as well as corporate entrepreneurial performance that aligns itself with the dynamic environment, operational processes and stakeholders and such that can enhance continuous improvement will be attainable.
This paper compares performance measures in the corporate and strategic entrepreneurial activities of firms. The paper develops the concepts of strategic entrepreneurship and that of corporate entrepreneurship with the aim of identifying the measures suitable for determining their "end-points" and hence, performance, with respect to the firm's activities. The paper concludes the performance measures for both entrepreneurial processes need to consider and exploit the salient differences in their operations. When this is done, a "balanced" picture of the firm's strategic as well as corporate entrepreneurial performance that aligns itself with the dynamic environment, operational processes and stakeholders and such that can enhance continuous improvement will be attainable.
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