Analysis of the influence of the environment, stakeholder integration capability, absorptive capacity, and technological skills on organizational performance through corporate entrepreneurship.

Abstract

This research seeks to analyze how factors such as the environment, stakeholder integration capability, absorptive capacity, and technological skills influence corporate entrepreneurship, and the repercussions of corporate entrepreneurship for the organization’s results. The hypotheses are tested empirically using a sample of 160 European technology firms. A positive relationship is found between the factors of the environment and stakeholder integration capability, and corporate entrepreneurship. The uncertainty and complexity of the environment in which the organization operates and its relationship with stakeholders require the firm to be involved in constant updating, collaboration between parties, and innovation of processes, products, and system to maintain competitive advantage. Further, the capacity to absorb new knowledge and develop technological skills can generate new, advanced technological processes. These processes foster corporate entrepreneurship to detect opportunities on the market and transform them into additional advantage over competitors. Corporate entrepreneurship increases organizational performance, as it entrusts entrepreneurs with the task of utilizing potentially value-creating resources more effectively than competitors.