The Role of Organizational Culture on the Development of Corporate Entrepreneurship and Achievement of High Organizational Performance

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Author(s): Siham El-Kafafi (Arrows Research Consultancy Limited, New Zealand)
Copyright: 2019
Pages: 10
Source title: Handbook of Research on Indigenous Knowledge and Bi-Culturalism in a Global Context
Source Author(s)/Editor(s): Shahul Hameed (Te Wānanga o Aotearoa, New Zealand), Siham El-Kafafi (Arrows Research Consultancy Limited, New Zealand)and Rawiri Waretini-Karena (Te Whare Wānanga o Awanuiārangi, New Zealand)
DOI: 10.4018/978-1-5225-6061-6.ch002

Keywords: Culture & Population Studies / Information Science Reference / Social Sciences & Humanities / Socio-Economic Development

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Abstract

Entrepreneurship is important for organizations facing rapid change in industry, market structure, customers' needs, technological advancements, and societal values. Entrepreneurship draws from a wide range of skills capable of enhancement to add value to a targeted niche of human activity. On the other hand, corporate entrepreneurship is also viewed as acting entrepreneurially within the confines of an established organization. Relevant to that is the organizational culture, which is the set of values and beliefs behind individuals' attitudes, behavior, and performance within organizations. For organizational excellence to succeed, it needs to be supported and driven by top management whose role is to empower and enable employees toward excellence through continuous improvement.

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The Role of Organizational Culture on the Development of Corporate Entrepreneurship and Achievement of High Organizational Performance

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