Summary of Corporate Entrepreneurship

Vijay Sathe

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Rating

8 Overall

7 Applicability

8 Innovation

8 Style

Recommendation

This solidly researched, well-written book makes a sound case for an unconventional view of corporate entrepreneurship. Author Vijay Sathe contends that the archetype of the lonely, low-level corporate entrepreneur is a fantastic, fairy-tale critter. In fact, entrepreneurship and new business creation happen in big organizations only when corporate leadership fosters it through a mix of principles and policies. Sathe grounds his case in a detailed exposition of experiences at major corporations, and carefully considers the evidence before pronouncing any judgment. Unlike many authors of books on this subject, Sathe seems both intellectually honest and genuinely interested in nailing the truth, not in hawking a nostrum. If the book has any flaw, it is that the author takes more pains than necessary at points, and presents more detail than the reader needs. That is not a grievous fault, and getAbstract.com finds it very easy to forgive.

In this summary, you will learn

How big organizations can be entrepreneurial;
Specific policies leaders use to foster entrepreneurship; and
The fiscal controls that encourage new business development.

About the Author

Vijay Sathe is Professor of Management the Peter F. Drucker Graduate School of Management at Claremont Graduate University, California. He wrote Controller Involvement in Management and Culture and Related Corporate Realities and co-authored Organization.

Summary

Entrepreneurship
The public is fascinated with entrepreneurs - usually the lone-genius types, the Jeff Bezos or Steve Jobs or Bill Gates who starts with just an idea and a lot of grit and goes on to change the world and build a great business. That model isn’t all wrong. There is, after...