Article Review Example | Topics and Well Written Essays - 1000 words - 2

Review - Article Example Luke (2012) discusses the extent to which organizations can support entrepreneurial behavior and innovation by suggesting the importance of paying attention to the concept. Besides, the paper critiques some of the barriers the author identifies as constraints to ensuring entrepreneurship and innovation. In addition, this paper critiques the proposed components of an organizations innovative behavior as well as crucial factors for the creatiion of corporate entrepreneurship. Finally, it is imperative to review some of the recommendations that the author proposes as fostering innovation and entrepreneurship behavior. The main objective of this article is to bring to light some of the factors and elements that foster corporate entrepreneurship and innovation in an organization. On the other hand, the article explains how modern businesses can manage the competition in the global economy by focusing on flexibility, adaptability, risk-taking, competitive aggressiveness, and innovativeness. All of the above are elements of entrepreneurship thus the article rather presents some of the conditions that favor corporate entrepreneurship and innovation. Nonetheless, the article illustrates the nature of corporate entrepreneurship and innovativeness in the modern economic environment where issues like imitation and theft to intellectual property can hinder efforts to stay competitiveness. Moreover, the article offers advice to small and large businesses in the need to create organizational culture that foster proper management of small ideas since they are the basis of corporate entrepreneurship and innova tion. Finally, Luke summarizes by stating some distinct recommendations on how organizations can create and nurture innovative behaviors among its employees. Luke begins by defining corporate entrepreneurship as a process of that gathers resources for the purpose of implementing various innovative activities result in the production of new