Author(s): Sanath Divakara
Corporate entrepreneurship is defined as entrepreneurs within the organization, thus corporate entrepreneurs play an imperative role in the growth of organizations. A booming trend in researching the concept of corporate entrepreneurship stimulated the performance of the business lexicon during the past two to three decades. This research focused on the exploration of influencing factors in the development of corporate entrepreneurs in large organizations within the context of Sri Lankan.
The study focused on developing a framework following the narrative strategy, qualitative approach to explore the first-hand contemporary knowledge in relation to business development. Corporate entrepreneurs are identified as the driving arms for business knowledge of the organization and initiate the required implementation aligned to the prevailing market trends. Hence, influencing factors imperatively contribute to the development of corporate entrepreneurship in the process of decision making, creativity, innovation, and strategic renewal. The study revealed answers to the question of how corporate entrepreneurship develops within the organization and how that effects on organizational growth.
The study conducted in-depth interviews selecting the fifteen most prominent corporate entrepreneurs in the large-scale organizations in the context focused to purposive sampling and the analysis conducted based on narrative inquiry associating the software NVivo 12. The literature enabled to converge the findings into three areas of individual, organizational, and contextual. Important themes derived throughout the study as major findings that enabled to achieve expected research objectives.