Perceived Impact of Corporate Entrepreneurship on Operational Performance: Evidence from Municipal Organizations

Abstract

Corporate Entrepreneurship (CE) is the form of entrepreneurship which has been experienced by firms for almost the past five decades, but there is a lack of empirical studies on this contemporary concept relating to Pakistan. A few studies have been conducted on CE in private sector organizations however it pertains to a unique significance in the public sector domain which has its own importance in economy and growth. Previous research has also indicated a dearth of CE studies relating to public limited companies in eastern countries. Therefore, the major purpose of this study is to check the impact of Corporate Entrepreneurship in municipal organizations of Karachi, Pakistan. Besides, this study has also incorporated a moderating variable, Organizational Culture, in an attempt to devise a robust model relationship. Nevertheless, due to the limitations of data collection from government employees, especially from municipal corporations, the study has adopted the quota sampling technique and a sample of one hundred respondents was selected. The data was analyzed through SMART-PLS software and results highlighted that the changing organizational dynamics require Corporate Entrepreneurship to be adopted by municipal organizations and it has transpired as a dominant element for the growth and performance of firms.