Entrepreneurship and Performance: a Practical Method to Estimate Entrepreneurship Reward in Jordan

Abstract

        Recently there has been a growing interest in the use of corporate entrepreneurship as a means for corporations to enhance the innovative abilities of their employees and, at the same time, increase corporate success through the creation of new corporate ventures. However, the creation of corporate activity is difficult since it involves radically changing internal organizational behavior patterns. The aim of this study is to examine the effects of dimensions of corporate entrepreneurship on banks performance in Jordan and estimate a practical method for the entrepreneurship reward. Finally, I test the hypothesis that an efficient governance and effects on profitability. This study has been conducted from 14 Jordanian commercial banks listed in Amman Stock Exchange for the period 2005-2008.

      The results indicate there are four dimensions affect of performance: Entrepreneurial Orientation, Entrepreneurial Management, Entrepreneurial Performance Index and the Corporate Entrepreneurship Assessment Instrument and the study present a model to estimate entrepreneurship reward. Finally, the results indicate there is a highly statistical significant relationship between efficient governance and effects on profitability in all period of study.

       The results of this study will provide guidelines to help investors, managers, and also academicians to comprehend the importance of corporate Entrepreneurship well on the way to create financially successful firm performance and organizations can maintain a balanced effort of conducting additional research for new knowledge while simultaneously exploiting existing knowledge to develop opportunity-based individual, team, and organizational entrepreneurship.