Entrepreneurship and Organization

Abstract

This paper is concerned with entrepreneurship in the large and complex corporation: it argues that this should be seen as a management process in the formulation of strategic decisions and in the creation of organizational structure through which decisions are made effective. The entrepreneurial function is seen as being diffused throughout the large organization, so that there is an entrepreneurial aspect to the task of managers: this has significant implications for the practical development of managers and organizational design. In this position paper, the authors bring together ideas from several years' work in which they have explored, theoretically and empirically, the nature of entrepreneurship in large businesses.