Abstract:
This study examines a firm’s response to perceived changes in the
environment, such as the growth of the digital era, at different levels
of a firm—beginning with the adoption of corporate entrepreneurship
(CE) down to process renewal (PR). We further explore if the technological
intensity of a firm, high-tech or low-tech intensity, influences
its choice of mode for organisational renewal (OR)—use of internal
competence or outside acquisition—to exploit the opportunities created
by the digital era. Using survey data from 170 firms, we test a sequential
relationship among environmental changes (growth of the digital
era), CE, OR and finally PR that involves operating procedures at the
functional level. We conclude by identifying the study’s interdisciplinary
contributions, which open new research avenues in the field of CE.
