The four models of corporate entrepreneurship

MIT Sloan Management Review

Volumn 49, Issue 1, 2007, Pages

  Wolcott, Robert C ^a,b,c   Lippitz, Michael J ^b  

^a Department of Innovation and Entrepreneurship ^*

^b NORTHWESTERN UNIVERSITY   (United States)

^c Clareo Partners LLC

Author keywords

[No Author keywords available]

Indexed keywords

EID: 35748948416     PISSN: 15329194     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Review

References (10)

1. See, for instance, R. Gulati (introduction), "How CEOs Manage Growth Agendas," Harvard Business Review 82 (July-August, 2004): 124-132.
2. Corporate Strategy Board, "Stall Points: Barriers to Growth for the Large Corporate Enterprise" (Washington, D.C.: Corporate Strategy Board, 1998).
3. G. Pohle and M. Chapman, "IBM Global CEO Study 2006: Business Model Innovation Matters," Strategy and Leadership 34, no. 5 (2006): 34-40.
4. M. Sawhney, R.C. Wolcott and I. Arroniz, "The 12 Different Ways for Companies to Innovate," MIT Sloan Management Review 47, no.3 (spring 2006): 75-81. Innovation in technologies or products might actually be just a small part of creating business value; Starbucks Corp., for example, generates innovations in customer experience. Companies can innovate on any aspect of how they do business, but it all has to fit together as a coherent system.
5. See, in particular, M.L.Tushman and CA. O'Reilly III, "The Ambidextrous Organization: Managing Evolutionary and Revolutionary Change," California Management Review 38, no. 4 (summer 1996): 8-30.
6. Ibid.
7. Founded in 1927, Zimmer has 6,700 employees, operations in more than 24 countries and sales of approximately $3.5 billion in 2006. It was spun off from Bristol-Myers Squibb Co. in August 2001, becoming independent again for the first time in 30 years.
8. With nearly 150,000 employees, Cargill operates in more than 60 countries and generated income of $1.5 billion on revenues of $75 billion in fiscal 2006 (ending May 31).
9. C.M. Christensen and M.E. Raynor, "The Innovator's Solution: Creating and Sustaining Successful Growth" (Boston: Harvard Business School Press, 2003).
10. Internal (nonconfidential) IBM presentation, February 2006, Armonk, New York.