Setiawan, H and Erdogan, B (2020) Key factors for successful corporate entrepreneurship: A study of Indonesian contractors. International Journal of Construction Management, 20(3), pp. 252-268. ISSN 1562-3599
Abstract
Corporate entrepreneurship (CE) is considered as an effective means to support the success of business in a competitive market. Although CE can be a solution for contractors to come up with the right corporate strategy, the concept of CE is very new and there is very little guidance. This paper is aimed at clarifying the CE concept for contractors and identifying key factors for CE in order to enable the implementation. To address this, firstly theoretical concepts and previous research on CE were explored, followed by 19 interviews with top managers of contractors in Indonesia. The data was analysed using thematic analysis to identify the key factors for successful CE in Indonesian contracting business. 21key factors of CE have been identified, which are discussed under five categories: autonomy, competitive aggressiveness, innovativeness, proactiveness and risk taking. All these key factors are found to be related to one another and hence have to be managed as a system for successful CE.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | contractors; corporate strategy; entrepreneurship; Indonesia |
| Index terms: | interview, risk taking, top manager, thematic analysis, Indonesia, corporate strategy, entrepreneurship, implementation |
| Subjects: | decision-making and reasoning, methods and analysis, Geography, contractual arrangements, data collection methods, business, practitioner |
| Topics: | Research Practice, Geographical Context, Business Strategy, Procurement, Governance, Roles and Professions |
| Descriptive scope: | 4 PCEA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here