On the Influence of Corporate Entrepreneurship and Key Elements of a Management System on Radical Innovation - The KOREAN vs. U.S. Experience -

This research focuses on the evolution of a corporate radical innovation management system in the context of two different economic systems and business cultures in Korea and the U.S. In particular, to what extent do key elements of a corporate business system (strategy, process, customer, and employee) influence the development of a radical innovation management system; furthermore, to what extent do characteristics of corporate entrepreneurs (proactiveness, risk-taking, autonomy, and aggressiveness) influence the engagement of these four key elements of a corporate business system? Our in-depth analysis of four Korean firms reveals that different elements of a corporate business system influence the development of different types of innovation and also shows that different corporate entrepreneurship characteristics are related to each element of corporate business system.