Abstract
The majority of research on corporate entrepreneurship focuses on developed countries and overlooks that various cultural and economic contexts may lead to different intensities and behaviors in entrepreneurial activities. This omission could challenge extant theoretical models and assumptions. Accordingly, this article intends to analyze the literature on corporate entrepreneurship in developing countries. The paper adopts a two-step research approach, a systematic literature review, and a bibliometric (co-word analysis) analysis of 85 articles published between 1999 and 2021. We identify the major articles, journals, and scholars that made significant contributions to the field within the context by summarizing and describing indicators, such as number of publications, citations, theoretical and methodological perspectives, topic trends, and thematic maps. Analysis enables the study to establish that research on corporate entrepreneurship in developing countries comprises three major thematic classifications, namely, determinants and effects of corporate entrepreneurship; determinants of intrapreneurship and performance, and dynamic capabilities and corporate entrepreneurship. In summary, this article contributes to an enhanced understanding of the concepts and dimensions of corporate entrepreneurship within developing countries. In addition, it provides a research agenda; hence, we propose future directions that shape the dynamics of the field and that provide relevant insights for researchers and managers interested in corporate entrepreneurship in the context of developing countries.
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Research funding: Jairo Orozco acknowledges financial support for PhD studies from COLFUTURO PCB 2019 and Universidad EAN (Colombia). Andreu Turro and David Urbano acknowledge the financial support from projects PID2022-141777NB-I00 (Spanish Ministry of Science & Innovation) and 2021 SGR 00719 (Research & Universities Department, Catalan Government). Finally, David Urbano also acknowledges the financial support from ICREA under ICREA Academia programme.
List of countries*.
Developed countries | Transition countries | Developing countries | |
---|---|---|---|
Australia | Albania | Afghanistan | Lesotho |
Austria | Bosnia and Herzegovina | Algeria | Liberia |
Belgiuma | Montenegro | Angola | Libya |
Canada | North Macedonia | Argentina | Madagascar |
Denmark | Serbia | Bahamas | Malawi |
Finlanda | Armenia | Bahrain | Malaysia |
Francea | Azerbaijan | Bangladesh | Maldives |
Germany | Belarus | Barbados | Mali |
Greece | Georgiaa | Belize | Mauritania |
Iceland | Kazakhstan | Benin | Mauritius |
Ireland | Kyrgyzstan | Bhutan | Mexico |
Italy | Republic of Moldova | Bolivia | Mongolia |
Japan | Russian Federation | Botswana | Morocco |
Luxembourg | Tajikistan | Brazil | Mozambique |
Netherlands | Turkmenistan | Brunei Darussalam | Myanmar |
New Zealand | Ukraineb | Burkina Faso | Namibia |
Norway | Uzbekistan | Burundi | Nepal |
Portugal | Montenegro | Cabo Verde | Nicaragua |
Spain | North Macedonia | Cambodia | Niger |
Sweden | Poland | Cameroon | Nigeria |
Switzerland | Republic of Moldova | Central Africa | Oman |
United Kingdom | Romania | Central African Republic | Pakistan |
United States | Russian Federation | Chad | Panama |
Bulgaria | Serbia | Chile | Papua New Guinea |
Croatia | Slovakia | China | Paraguay |
Cyprusa | Slovenia | Colombia | Peru |
Czechia | Tajikistan | Comoros | Philippines |
Estonia | Turkmenistan | Congo | Qatar |
Hungary | Ukraine | Congo | Republic of Korea |
Latvia | Uzbekistan | Costa Rica | Rwanda |
Lithuaniaa | Côte d’Ivoire | Samoa | |
Maltaa | Cuba | Sao Tome and prinicipe | |
Poland | Democratic | Saudi Arabia | |
Romania | Djibouti | Senegal | |
Slovakia | Dominican Republic | Sierra Leone | |
Slovenia | Ecuador | Singapore | |
Egypt | Solomon Islands | ||
El Salvador | Somalia | ||
Equatorial Guinea | South Africa | ||
Eritrea | South Asia | ||
Eswatini | South Sudan | ||
Ethiopia | Sri Lanka | ||
Fiji | State of Palestine | ||
Gabon | Sudan | ||
Gambia | Suriname | ||
Ghana | Syrian Arab Republic | ||
Guatemala | Taiwan province of China | ||
Guinea | Tanzania | ||
Guinea-Bissau | Thailand | ||
Guyana | Timor-Leste | ||
Haiti | Togo | ||
Honduras | Trinidad and Tobago | ||
Hong Kong SAR | Tunisia | ||
India | Turkey | ||
Indonesia | Uganda | ||
Iran | United Arab Emirates | ||
Iraq | United Republic | ||
Israel | Uruguay | ||
Jamaica | Vanuatu | ||
Jordan | Venezuela | ||
Kenya | Viet Nam | ||
Kiribati | West Africa | ||
Kuwait | Yemen | ||
Lao | Zambia | ||
Lebanon | Zimbabwe |
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*Based on the Monthly Briefing World Economic Situation and Prospects. 2023. February (169). Economic Analysis and Policy Division (EAPD) of UN DESA. New York.
Articles included in the systematic literature review.
Author(s) | Title | Journal | Year |
---|---|---|---|
Agapie, A.; Vizitiu, C.; Cristache, S.; Nastase, M.; Craciun, L.; Molanescu, A. | Analysis of corporate Entrepreneurship in Public R&D Institutions | Sustainability | 2018 |
Agca, V.; Topal, Y.; Kaya, H. | Linking intrapreneurship activities to multidimensional firm performance in Turkish manufacturing firms: an empirical study | International Entrepreneurship and Management Journal | 2012 |
Ali, A.; Kelley, D. J.; Levie, J. | Market-driven entrepreneurship and institutions | Journal of Business Research | 2020 |
Alpkan, L.; Bulut, C.; Gunday, G.; Ulusoy, G.; Kilic, K. | Organizational support for intrapreneurship and its interaction with human capital to enhance innovative performance | Management Decision | 2010 |
An, W.; Zhao, X.; Cao, Z.; Zhang, J.; Liu, H. | How Bricolage drives corporate entrepreneurship: the roles of opportunity identification and learning orientation | Journal of Product Innovation Management | 2018 |
Antoncic, B; Hisrich, R. | Intrapreneurship: Construct refinement and cross-cultural validation | Journal of Business Venturing | 2001 |
Antoncic, B.; prodan, I. | Alliances, corporate technological entrepreneurship and firm performance: Testing a model on manufacturing firms | Technovation | 2008 |
Aziz, N. A.; Omar, N. A. | Exploring the effect of internet marketing orientation, learning orientation and market orientation on innovativeness and performance: sme (exporters) perspectives | Journal of Business Economics and Management | 2013 |
Azulay, I.; Lerner, M.; Tishler, A. | Converting military technology through corporate entrepreneurship | Research Policy | 2002 |
Bachmann, J.; Engelen, A.; Schwens, C. | Toward a better understanding of the association between strategic planning and entrepreneurial orientation – the moderating role of national culture | Journal of International Management | 2016 |
Ben Arfi, W.; Hikkerova, L. | Corporate entrepreneurship, product innovation, and knowledge conversion: the role of digital platforms | Small Business Economics | 2019 |
Calabro, A.; Torchia, M.; Jimenez, Gimenez, D. ; Kraus, S. | The role of human capital on family firm innovativeness: the strategic leadership role of family board members | International Entrepreneurship and Management Journal | 2020 |
Celec, R.; Globocnik, D.; Kruse, P. | Resources, capabilities, export performance and the moderating role of entrepreneurial orientation in the context of SMEs | European Journal of International Management | 2014 |
Chang, Y.; Liu, Y.; Chang, C. | A multilevel examination of entrepreneurial orientation and corporate entrepreneurship: the joint impact of unit-level social capital and firm-level transformational leadership | Entrepreneurship Research Journal | 2019 |
Chang, Y.; Wang, X.; Cui, A. | Solving the innovation problem in state-owned firms: The role of entrepreneurial orientation and high-commitment HR practices | Industrial Marketing Management | 2019 |
Chen, M.; Chang, Y.; Chang, Y. C. | Entrepreneurial orientation, social networks, and creative performance: Middle managers as corporate entrepreneurs | Creativity and Innovation Management | 2015 |
Chen, Y.; Tang, G.; Jin, J.; Xie, Q.; Li, J. | CEOs’ transformational leadership and product innovation performance: the roles of corporate entrepreneurship and technology orientation | Journal of Product Innovation Management | 2014 |
Dai, W.; Arndt, F.; Liao, M. | Hear it straight from the horse’s mouth: recognizing policy-induced opportunities | Entrepreneurship and Regional Development | 2020 |
Dai, W.; Liao, M. | Entrepreneurial attention to deregulations and reinvestments by private firms: Evidence from China | Asia pacific Journal of Management | 2019 |
Dai, W. ; Si, S. | Government policies and firms’ entrepreneurial orientation: Strategic choice and institutional perspectives | Journal of Business Research | 2018 |
De Clercq, D.; Castaner, X.; Belausteguigoitia, I. | Entrepreneurial initiative selling within organizations: towards a more comprehensive motivational framework | Journal of Management Studies | 2011 |
De Clercq, D.; Dimov, D.; Belausteguigoitia, I. | Perceptions of adverse work conditions and innovative behavior: the buffering roles of relational resources | Entrepreneurship Theory and Practice | 2016 |
Douglas, E. J.; Fitzsimmons, J. R. | Intrapreneurial intentions versus entrepreneurial intentions: distinct constructs with different antecedents | Small Business Economics | 2013 |
Falahat, M.; Knight, G.; Alon, I. | Orientations and capabilities of born global firms from emerging markets | International Marketing Review | 2018 |
Filatotchev, I.; Wright, M.; Buck, T.; Zhukov, V. | Corporate entrepreneurs and privatized firms in Russia, Ukraine, and Belarus | Journal of Business Venturing | 1999 |
Gao, Y.; Ge, B.; Lang, X.; Xu, X. | Impacts of proactive orientation and entrepreneurial strategy on entrepreneurial performance: An empirical research | Technological Forecasting and Social Change | 2018 |
Genc, E.; Dayan, M.; Genc, O. F. | The impact of SME internationalization on innovation: The mediating role of market and entrepreneurial orientation | Industrial Marketing Management | 2019 |
Guerrero, M.; Amoros, J.; Urbano, D. | Do employees’ generational cohorts influence corporate venturing? A multilevel analysis | Small Business Economics | 2019 |
Gupta, V.; MacMillan, I.; Surie, G. | Entrepreneurial leadership: developing and measuring a cross-cultural construct | Journal of Business Venturing | 2004 |
Gupta, V. K.; Batra, S. | Entrepreneurial orientation and firm performance in Indian SMEs: Universal and contingency perspectives | International Small Business Journal-Researching Entrepreneurship | 2016 |
Huang, S.; ding, D.; Chen, Z. | Entrepreneurial leadership and performance in chinese new ventures: a Moderated mediation model of exploratory innovation, exploitative innovation and environmental dynamism | Creativity and Innovation Management | 2014 |
Hughes, M.; Mustafa, M. | Antecedents of corporate entrepreneurship in SMEs: evidence from an emerging economy | Journal of Small Business Management | 2017 |
Jiao, H.; Alon, I.; Koo, C. K.; Cui, Y. | When should organizational change be implemented? The moderating effect of environmental dynamism between dynamic capabilities and new venture performance | Journal of Engineering and Technology Management | 2013 |
Kaya, N. | The impact of human resource management practices and corporate entrepreneurship on firm performance: evidence from Turkish firms | International Journal of Human Resource Management | 2006 |
Kearney, C.; Hisrich, R. D.; Antoncic, B. | The mediating role of corporate entrepreneurship for external environment effects on performance | Journal of Business Economics and Management | 2013 |
Knoerr, H.; Alvarez, C.; Urbano, D. | Entrepreneurs or employees: a cross-cultural cognitive analysis | International Entrepreneurship and Management Journal | 2013 |
Kreiser, P. M.; Marino, L. D.; Kuratko, D. F.; Weaver, K. M. | Disaggregating entrepreneurial orientation: the non-linear impact of innovativeness, proactiveness and risk-taking on SME performance | Small Business Economics | 2013 |
Lee, T.; Chu, W. | The relationship between entrepreneurial orientation and firm performance: Influence of family governance | Journal of Family Business Strategy | 2017 |
Liebregts, W.; Stam, E. | Employment protection legislation and entrepreneurial activity | International Small Business Journal-Researching Entrepreneurship | 2019 |
Liu, J.; Chen, J.; Tao, Y. | Innovation Performance in new Product development Teams in China’s Technology Ventures: The Role of Behavioral Integration dimensions and collective Efficacy | Journal of Product Innovation Management | 2015 |
Luo, X.; Zhou, L.; Liu, S. | Entrepreneurial firms in the context of China’s transition economy: an integrative framework and empirical examination | Journal of Business Research | 2005 |
Lyu, C.; Yang, J.; Zhang, F.; Teo, T. S. H.; Gue, W. | Antecedents and consequence of organizational unlearning: Evidence from China | Industrial Marketing Management | 2020 |
Martin, S. L.; Javalgi, R. G. | Explaining performance determinants: A knowledge based view of international new ventures | Journal of Business Research | 2019 |
Martin, S. L.; Javalgi, R. G.; Ciravegna, L. | Service advantage built on service capabilities: An empirical inquiry of international new ventures | Journal of Business Research | 2018 |
Mitchell, R.; Boyle, B.; Nicholas, S.; Maitland, E.; Zhao, S. | Boundary conditions of a curvilinear relationship between decision comprehensiveness and performance: The role of functional and national diversity | Journal of Business Research | 2016 |
Mustafa, M.; Lundmark, E.; Ramos, H. M. | Untangling the relationship between human resource management and corporate entrepreneurship: the mediating effect of middle managers’ knowledge sharing | Entrepreneurship Research Journal | 2016 |
Nasution, H. N.; Mavondo, F. T.; Matanda, M. J.; Ndubisi, N. | Entrepreneurship: Its relationship with market orientation and learning orientation and as antecedents to innovation and customer value | Industrial Marketing Management | 2011 |
Pandey, J.; Gupta, M.; Hassan, Y. | Intrapreneurship to engage employees: role of psychological capital | Management Decision | 2020 |
Pati, R. K.; Nandakumar, M. K.; Ghobadian, A.; Ireland, R. D.; O’Regan, N. | Business model design-performance relationship under external and internal contingencies: Evidence from SMEs in an emerging economy | Long Range Planning | 2018 |
Ramirez-Pasillas, M.; Lundberg, H.; Nordqvist, M. | Next generation External Venturing Practices in Family owned Businesses | Journal of Management Studies | 2020 |
Rigtering, J. P. C.; Eggers, F.; Kraus, S.; Chang, M. | Entrepreneurial orientation, strategic planning and firm performance: the impact of national cultures | European Journal of International Management | 2017 |
Runyan, R. C.; Ge, B.; Dong, B.; Swinney, J. L. | Entrepreneurial orientation in cross-cultural research: assessing measurement invariance in the construct | Entrepreneurship Theory and Practice | 2012 |
Sakhdari, K.; Burgers, H.; Farsi, J. Y.; Rostamnezhad, S. | Shaping the organisational context for corporate entrepreneurship and performance in Iran: the interplay between social context and performance management | International Journal of Human Resource Management | 2020 |
Sakhdari, K.; Burgers, J. H. | The moderating role of entrepreneurial management in the relationship between absorptive capacity and corporate entrepreneurship: an attention-based view | International Entrepreneurship and Management Journal | 2018 |
Sanz, L.; Lessiza, M. | Lidersoft | Journal of Business Research | 2013 |
Sargent, J.; Matthews, L. | The drivers of evolution/upgrading in Mexico’s maquiladoras: How important is subsidiary initiative? | Journal of World Business | 2006 |
Schneider, M.; Engelen, A. | Enemy or friend? The cultural impact of cross-functional behavior on the EO-performance link | Journal of World Business | 2015 |
Sebora, T. C.; Theerapatvong, T. | Corporate entrepreneurship: a test of external and internal influences on managers’ idea generation, risk taking, and proactiveness | International Entrepreneurship and Management Journal | 2010 |
Stam, E. | Knowledge and entrepreneurial employees: a country-level analysis | Small Business Economics | 2013 |
Sun, B.; Liu, Y. | Business model designs, big data analytics capabilities and new product development performance: evidence from China | European Journal of Innovation Management | 2020 |
Sun, S. L.; Yang, X.; Li, W. | Variance-enhancing corporate entrepreneurship under deregulation: An option portfolio approach | Asia pacific Journal of Management | 2014 |
Tang, G.; Wei, L.; Snape, E.; Ng, Y. C. | How effective human resource management promotes corporate entrepreneurship: evidence from China | International Journal of Human Resource Management | 2015 |
Tang, G.; Yu, B.; Chen, Y.; Wei, L. | Unpacking the mechanism linking market orientation and corporate entrepreneurship: the mediating role of human resource management strength | Asia pacific Journal of Management | 2019 |
Tang, Z.; Hull, C. | An investigation of entrepreneurial orientation, perceived environmental hostility, and strategy application among chinese smes | Journal of Small Business Management | 2012 |
Thomas, N.; Randolph, A.; Marin, A. | A network view of entrepreneurial cognition in corporate entrepreneurship contexts A socially situated approach | Management Decision | 2020 |
Turro, A.; Urbano, D.; peris-Ortiz, M. | Culture and innovation: The moderating effect of cultural values on corporate entrepreneurship | Technological Forecasting and Social Change | 2014 |
Urban, B. | The effect of pro-entrepreneurship architecture on organisational outcomes | Journal of Business Economics and Management | 2012 |
Urban, B.; Wood, E. | The innovating firm as corporate entrepreneurship | European Journal of Innovation Management | 2017 |
Urban, B.; Wood, E. | The importance of opportunity recognition behaviour and motivators of employees when engaged in corporate entrepreneurship | Journal of Business Economics and Management | 2015 |
Urbano, D.; Alvarez, C.; Turro, A. | Organizational resources and intrapreneurial activities: an international study | Management Decision | 2013 |
Wales, W. J.; Shirokova, G.; Sokolova, L.; Stein, C. | Entrepreneurial orientation in the emerging Russian regulatory context: the criticality of interpersonal relationships | European Journal of International Management | 2016 |
Wan, W.; Liu, L.; Wang, X. | How user-driven innovation and employee intrapreneurship promote platform enterprise performance | Management Decision | 2020 |
Wang, E. S. T.; Juan, P. Y. | Entrepreneurial orientation and Service Innovation on consumer Response: A BandB case | Journal of Small Business Management | 2016 |
Wang, Z.-M.; Wang, S. | Modelling regional HRM strategies in China: An entrepreneurship perspective | International Journal of Human Resource Management | 2008 |
Wei, L.Q.; Ling, Y. | CEO characteristics and corporate entrepreneurship in transition economies: Evidence from China | Journal of Business Research | 2015 |
Widya-Hasuti, A.; Mardani, A.; Streimikiene, D.; Sharifara, A.; Cavallaro, F. | The role of process innovation between firm-specific capabilities and sustainable innovation in SMEs: empirical evidence from Indonesia | Sustainability | 2018 |
Wu, C. W. | Global-innovation strategy modeling of biotechnology industry | Journal of Business Research | 2013 |
Wu, H. L.; Lin, B. W.; Chen, C. J. | Examining governance-innovation relationship in the high-tech industries: Monitoring, incentive and a fit with strategic posture | International Journal of Technology Management | 2007 |
Xu, H.; Guo, H.; Zhang, J.; Dang, A. | Facilitating dynamic marketing capabilities development for domestic and foreign firms in an emerging economy | Journal of Business Research | 2018 |
Yiu, D. W.; Hoskisson, R. E.; Bruton, G. D.; Lu, Y. | Dueling institutional logics and the effect on strategic entrepreneurship in chinese business groups | Strategic Entrepreneurship Journal | 2014 |
Yiu, D. W.; Lau, C. M. | Corporate entrepreneurship as resource capital configuration in emerging market firms | Entrepreneurship Theory and Practice | 2008 |
Yu, A.; Lumpkin, G. T.; parboteeah, K. P.; Stambaugh, J. E. | Autonomy and family business performance: The joint effect of environmental dynamism and national culture | International Small Business Journal-Researching Entrepreneurship | 2019 |
Yuan, W.; Bao, Y.; Olson, B. J. | CEOs’ ambivalent interpretations, organizational market capabilities, and corporate entrepreneurship as responses to strategic issues | Journal of World Business | 2017 |
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Articles in the same Issue
- Frontmatter
- Competitive Research Articles
- Impact of Entrepreneurial Orientation on MSME Performance: Mediating Role of Entrepreneurial Competency
- The Development of Corporate Entrepreneurship among Emerging Economy SMEs: Insights from Both Institutional and Contingency Theory
- The Dynamic Capabilities of High-Turbulent Markets: Indonesian Start-Up Cases During COVID-19 Pandemic
- Entrepreneurship, Resource Rents and Institutions
- The Scaling Strategies and the Scaling Performance of Chinese Social Enterprises: The Moderating Role of Organizational Resources
- Research on Corporate Entrepreneurship in Developing Countries: A Review and Agenda for Future Directions
- The Impact of Initial Intellectual Property Decisions of Start-Ups on Innovation Performance
- Social Capital and Innovative Performance in Networks: The Journey of Romanian SaaS Entrepreneurs
- Gender Differences in the use of Social Capital for Entrepreneurial Activity Within Contexts of Poverty
- Commitment Helps: The Positive Effects of Long-Term Orientation and Family Ownership on Firms’ International Expansion
- Institutional Environment, Executive Equity Incentive, and Enterprise Innovation: The Case of China
- Determinants of Entrepreneurial Employee Activity in Saudi Arabia
- How Does Entrepreneurial Role Model Connect to Entrepreneurial Perceptions: The Moderating Role of Psychological Distance
- The Influence of Top Management’s Strategic Planning Capacity and Entrepreneurial Orientation on Corporate Entrepreneurship
- Innovation Ambidexterity and Firm Performance: The Moderating Effects of Contextual Factors
Articles in the same Issue
- Frontmatter
- Competitive Research Articles
- Impact of Entrepreneurial Orientation on MSME Performance: Mediating Role of Entrepreneurial Competency
- The Development of Corporate Entrepreneurship among Emerging Economy SMEs: Insights from Both Institutional and Contingency Theory
- The Dynamic Capabilities of High-Turbulent Markets: Indonesian Start-Up Cases During COVID-19 Pandemic
- Entrepreneurship, Resource Rents and Institutions
- The Scaling Strategies and the Scaling Performance of Chinese Social Enterprises: The Moderating Role of Organizational Resources
- Research on Corporate Entrepreneurship in Developing Countries: A Review and Agenda for Future Directions
- The Impact of Initial Intellectual Property Decisions of Start-Ups on Innovation Performance
- Social Capital and Innovative Performance in Networks: The Journey of Romanian SaaS Entrepreneurs
- Gender Differences in the use of Social Capital for Entrepreneurial Activity Within Contexts of Poverty
- Commitment Helps: The Positive Effects of Long-Term Orientation and Family Ownership on Firms’ International Expansion
- Institutional Environment, Executive Equity Incentive, and Enterprise Innovation: The Case of China
- Determinants of Entrepreneurial Employee Activity in Saudi Arabia
- How Does Entrepreneurial Role Model Connect to Entrepreneurial Perceptions: The Moderating Role of Psychological Distance
- The Influence of Top Management’s Strategic Planning Capacity and Entrepreneurial Orientation on Corporate Entrepreneurship
- Innovation Ambidexterity and Firm Performance: The Moderating Effects of Contextual Factors