Corporate entrepreneurship involves new business creation within established companies, the strategic renewal of existing business, and, ultimately, the search for sustainable competitive advantage in an increasingly globalised economy. Yet it remains elusive for many firms. In a collaboration between a practitioner and academic, Joe J. Amberg and Sara L. McGaughey explore corporate entrepreneuring within a large conglomerate multinational enterprise: Siemens AG. In early 2009, following a prolonged period of business stagnation and a huge bribery scandal, Siemens’ top management identified a severe lack of entrepreneurship as a critical issue. The strengthening of ‘local entrepreneurship’ became a new priority in the strategic planning for 2010 to 2014. By examining three contrasting ventures in the Siemens business unit Fire Safety between 2008 and 2012, the authors identify key drivers and impediments that sustain inertia in corporate entrepreneuring within this global organisation. This study offers an insightful contribution to our growing – yet still fledgling – understanding of corporate entrepreneurship in global corporations, highlighting the importance of context, interdependencies between critical factors, and the false promise of universal best practice.

Answering the many calls for more empirical research in the domain of corporate entrepreneurship, this thesis presents an exploration of potential activities apt to foster entrepreneurial activity in Siemens AG. Siemens is widely considered an industrial conglomerate and one of the oldest companies among the top global players, ranked 40th in the Global 500 Fortune list of 2010. In 2009, Siemens' top management identified a severe lack of entrepreneurship throughout the company as a critical issue, and as a new key action in the strategic planning of 2010 to 2014. In this context, this thesis addresses the question: "How can entrepreneurship be strengthened within local Siemens organisations?" Based on a preliminary literature review and pilot study, the research focusses on aspects of structural arrangements, temporal orientation, and mandates granted to local subsidiaries and their relationships in fostering local entrepreneurship among the multinational's subsidiaries.Within Siemens, three cases were investigated. First, the acquisition and integration of Shinwha Electronics in South Korea, explored in the pilot study, was further analysed. A business venturing endeavour explicitly declared as "entrepreneurial", sponsored by the top management and taking place entirely in the Siemens existing organisation of Fire Safety was taken as the second case. The carve-out of the security business - consisting, significantly, of two "failed" acquisitions - was selected as the third case. These three cases represent a unique combination :the first case revealed differences in entrepreneurial behaviour by contrasting existing Siemens entities with the entrepreneurial acquired firm; the second case was informative about "genuine" entrepreneurial activity taking place entirely within the Siemens entity; and the third case illustrated the limitations to business opportunity recognition and exploitation in the Siemens context. In the Siemens context, the findings identified five specific areas of practice that were key to fostering or impeding corporate entrepreneurship: (1) a weak emphasis on business innovations and opportunity recognition on the sales side, (2) the insufficient scope of current subsidiary mandates, (3) the need to extend the established Siemens culture of mature, well specified processes of business exploitation to exploration, (4) a revised set of criteria used by human resources in recruitment, promotion, training and rewards, and (5) a greater emphasis on long term orientation and management decisiveness. Contributions to theory include the extension of existing conceptual models on corporate entrepreneurship to offer a more complete picture of factors affecting corporate entrepreneurship at different levels of organisation within conglomerate multinational enterprises.

This publication highlights the impact of culture on local economies and the methodological issues related to its identification.

Originally published in 2004, this book offers a fresh approach to understanding responsible business practice. Global protests against multinational companies often give the misleading impression that the interests of multinationals and of peaceful societies are at odds. By contrast, Fort and Schipani contend, not only does business benefit from a peaceful environment but it can in fact effectively foster peace through adopting responsible and open working methods. Firms that promote economic development, that allow external evaluation of their affairs and that build a sense of community both within the company and in their local areas make a great contribution to building a more harmonious culture. Relevant for academics and practitioners, the book shows how companies can encourage collaborative working across borders, discourage corruption and create citizenship and problem-solving practices which tend to reduce violence and increase social harmony.

The Internet has ushered in a new era in the economies of networking. With the increasing need for optimization based on these network economies, the IT-based e-business has become a platform for study as well as daily practice. In a similar vein, global warming has raised many issues which come into conflict with traditional research and policies. The Internet revolution has also shifted our society from a government- and company-led economy to a ‘netizen’- and consumer-led business world. This book enlightens us on why a harmonized participation of traditional network members or interested groups is necessary and how we can create values from diverse fields of interests and objectives, including the corporate social responsibility (CSR) and eco-friendly productivity. Digital Business and Sustainable Development integrates the platforms from these two fields of study based on the comparative analysis of Asian and other developing countries.

The purpose of this book is to promote discussion about educational objectives generally and objectives in the teaching of educational psychology in particular. To this end, Part 1 contains a review of the literature concerned with these two subjects, and also reports on investigations into the views of British students, teachers, college staffs and educational psychologists on the question of the objectives of educational psychology in teacher preparation. A comprehensive bibliography is provided. A further important section of Part 1 proposes a method of systematizing teaching objectives, and suggests a heuristic device for the generation of objectives at different levels of conceptual generality and complexity of learning. An example of this model in the field of educational psychology is presented, which illustrates the general approach to the generation of teaching objectives and proposes a specific approach to the production of teaching objectives in educational psychology. In Part 2 a selection of readings in the fields of objectives and educational psychology provides the reader with some of the key source material referred to in Part 1. As well as being a valuable and stimulating addition to the current debate on the specifying of educational objectives, the arguments in this book about the role of educational psychology in teacher preparation raise some fundamental questions for those concerned with teacher education.

Cover -- Title -- Copyright -- Contents -- Foreword -- Acknowledgements -- 1 Global competitiveness of cities -- 2 Regional development of cities -- 3 Innovation systems and multiple helix ecosystems -- 4 Social innovation, knowledge and networks in smart cities -- 5 Sustainable entrepreneurship in cities -- 6 Institutional entrepreneurship and urban planning -- 7 Entrepreneurial universities -- 8 The future of smart cities -- Index