Session Details: Session 1013

Corporate Entrepreneurship and Capability Development in Emerging Economies

Track A

Date: Saturday, December 13, 2008


Time: 11:15 – 12:30


Room: Lecture Theatre 2

Session Chair:
Lekha Ravi, ICFAI Business School

Title: Corporate Entrepreneurship in an Emerging Economy: A Focus on Innovation among Established Firms in India


  • Maheshkumar Joshi, George Mason University

We explore the conceptual framework of corporate entrepreneurship (innovativeness, autonomy, risk-taking, proactiveness, and aggressive posture) by established firms in an emerging economy. Emerging economies are going through a process of economic liberalization that not only reduces government restrictions on domestic firms but also opens up the domestic market to foreign competition, thus firms need to refocus using corporate entrepreneurship. Using the framework (Lumpkin and Dess, 1996) we propose that depending on the varying contextual situations, the starting point for the adoption of corporate entrepreneurship is different among diverse types of firms when experiencing changed and competitive market conditions. Propositions are developed and implications concerning theory building as well as managerial decision making are discussed.

Title: Dynamic Capabilities in Newly Emerging Economies


  • Sankaran Manikutty, Indian Institute of Management - Ahmedabad

This paper extends the notion of dynamic capabilities in the context of multiple and complex changes in environment, as for example, when a newly emergent economy such as India initiated, starting1991. Our paper will report the results of a comparative study initiated with Indian firms on how they developed the dynamic capabilities needed to cope with these changes in environment. Dynamic capabilities are analyzed in the following dimensions: (i) shedding, (ii) acquisition, and (iii) reconfiguration of resources and capabilities, (iv) reintegration of the configuration, and (v) the role of leadership (an area neglected in literature so far). Three firms in financial sector and four in the manufacturing sector were studied and results will be presented in a comparative format. The paper ends presenting a process model for development of dynamic capabilities for emergent economies.

Title: Quality Certification as a Strategy for Building Global Competitiveness – A Case of Indian Auto Component Industry


  • Lakshmi Jagannathan, Dayananda Sagar College of Engineering

Post economic liberalization, Indian automobile industry transformed with an influx of multinational automotive companies into India. The entry of these foreign original equipment manufacturers (OEMs) impacted the complexity of the parts, thus changing the quality standards. In order to improve productivity and reach levels of global competitiveness, the component manufacturers embraced the practices of Total Quality Management (TQM ). One of the strategies that Indian component manufacturers adopted to become a part of the global automotive supply value was the QS 9000 certification. This study ascertains the role that QS 9000 certification plays in transforming organizations with respect to the critical success factors of TQM implementation. It is a comparative study on TQM implementation in QS 9000 certified companies versus non-certified companies.

Title: Technology Strategy in High Growth Entrepreneur Managed Indian Organizations: A Capability Perspective


  • Satyajit Majumdar, Tata Institute of Social Sciences
  • Ramesh Narasimhan, T A Pai Management Institute

This paper investigates the growth process of entrepreneur managed organizations engaged in technology-intensive industries, in the Indian context. The technology strategy of small and medium enterprises is examined using a combination of longitudinal and retrospective case studies. The study reveals a set of 'pattern and paths’ as the capability co-evolves with the growth of the enterprise. Technological capabilities were found to mesh with the market capabilities, driven by technological and market-related learning. The proposed framework could serve as a useful managerial tool for the analysis and planning of technology and business strategy.

All Sessions in Track A...

Sat: 11:15 – 12:30
Session 1013: Corporate Entrepreneurship and Capability Development in Emerging Economies
Sat: 13:30 – 14:45
Session 1004: Entrepreneurship and New Venture Strategy in Emerging Economies
Sun: 13:30 – 14:45
Session 1028: The Changing Concepts of Business and Entrepreneurship in India - What new Theories do we Require?
Sun: 15:00 – 16:15
Session 1012: The Role of Human and Social Factors in Firm Innovation and Success

Strategic Management Society

India Initiative

2008 Special Conference

2010 Bangalore Workshop

2011 Calcutta Workshop