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Corporate entrepreneurship, country institutions and firm financial performance

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Abstract
Adopting an institutional perspective, we propose that home country intellectual property (IP) and employee protection institutions moderate the relationship between corporate entrepreneurship (CE) and firm performance. Examining 9642 European firms, we find that whereas internal CE is more positively correlated with firm performance in countries with less stringent IP protection and less stringent employee protection, external CE is particularly negatively correlated with firm performance in countries with less stringent IP protection and more stringent employee protection. These results provide a richer view of the relationship between CE and firm performance than the extant entrepreneurship and international businesses literatures suggest.
Keywords
Marketing, Business and International Management, Finance, Corporate entrepreneurship (CE), Institutions, Intellectual property (IP) protection, Employee protection, Performance

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MLA
Vanacker, Tom, et al. “Corporate Entrepreneurship, Country Institutions and Firm Financial Performance.” JOURNAL OF WORLD BUSINESS, vol. 56, no. 3, 2021, doi:10.1016/j.jwb.2020.101162.
APA
Vanacker, T., Zahra, S. A., & Holmes, R. M. (2021). Corporate entrepreneurship, country institutions and firm financial performance. JOURNAL OF WORLD BUSINESS, 56(3). https://doi.org/10.1016/j.jwb.2020.101162
Chicago author-date
Vanacker, Tom, Shaker A. Zahra, and R. Michael Holmes. 2021. “Corporate Entrepreneurship, Country Institutions and Firm Financial Performance.” JOURNAL OF WORLD BUSINESS 56 (3). https://doi.org/10.1016/j.jwb.2020.101162.
Chicago author-date (all authors)
Vanacker, Tom, Shaker A. Zahra, and R. Michael Holmes. 2021. “Corporate Entrepreneurship, Country Institutions and Firm Financial Performance.” JOURNAL OF WORLD BUSINESS 56 (3). doi:10.1016/j.jwb.2020.101162.
Vancouver
1.
Vanacker T, Zahra SA, Holmes RM. Corporate entrepreneurship, country institutions and firm financial performance. JOURNAL OF WORLD BUSINESS. 2021;56(3).
IEEE
[1]
T. Vanacker, S. A. Zahra, and R. M. Holmes, “Corporate entrepreneurship, country institutions and firm financial performance,” JOURNAL OF WORLD BUSINESS, vol. 56, no. 3, 2021.
@article{8699671,
  abstract     = {{Adopting an institutional perspective, we propose that home country intellectual property (IP) and employee protection institutions moderate the relationship between corporate entrepreneurship (CE) and firm performance. Examining 9642 European firms, we find that whereas internal CE is more positively correlated with firm performance in countries with less stringent IP protection and less stringent employee protection, external CE is particularly negatively correlated with firm performance in countries with less stringent IP protection and more stringent employee protection. These results provide a richer view of the relationship between CE and firm performance than the extant entrepreneurship and international businesses literatures suggest.}},
  articleno    = {{101162}},
  author       = {{Vanacker, Tom and Zahra, Shaker A. and Holmes, R. Michael}},
  issn         = {{1090-9516}},
  journal      = {{JOURNAL OF WORLD BUSINESS}},
  keywords     = {{Marketing,Business and International Management,Finance,Corporate entrepreneurship (CE),Institutions,Intellectual property (IP) protection,Employee protection,Performance}},
  language     = {{eng}},
  number       = {{3}},
  pages        = {{17}},
  title        = {{Corporate entrepreneurship, country institutions and firm financial performance}},
  url          = {{http://dx.doi.org/10.1016/j.jwb.2020.101162}},
  volume       = {{56}},
  year         = {{2021}},
}

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