Munich Personal RePEc Archive

Sustainable Intrapreneurship - The GSI Concept and Strategy - Unfolding Competitive Advantage via Fair Entrepreneurship

Anton, Roman (2014): Sustainable Intrapreneurship - The GSI Concept and Strategy - Unfolding Competitive Advantage via Fair Entrepreneurship. Forthcoming in: Open Science , Vol. 2, No. 1 (1 March 2016): pp. 1-46.

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Abstract

Entrepreneurship and intrapreneurship are among the most important prerequisites and concepts of modern economics and free market theory. Intrapreneurship is defined here in its broadest definition, as grades of entrepreneurship within a given system or entity, such as a company, organization, sector, cluster, national or even global economy. Hereby, intrapreneuring is more than only providing some opportunity to some employees. The wider definition rather unfolds intrapreneuring into a new universal concept of economics, efficiency, and effectiveness, which helps to solve some key dilemmas including the principal-agent-problem (PAP). This study reviews intrapreneuring in the public and private sector based on major empirical research. To optimally manage intrapreneuring, a set of sound goals and incentives, contextual, structural, behavioral, and legal-contractual measures are needed, as well as fair chances and a fair bargain for all. Free markets require internal opportunity and frameworks of fair competition. On this account, sustainable intrapreneurial modules could give rise to industry5.0. Intrapreneuring is proposed to reflect all grades of entrepreneurship that are itemized into its key dimensions independence, opportunity risk, and reward. Balanced dimensions of the right level assure graded sustainable intrapreneuring (GSI) for optimal output. Due to the universality of this concept, it applies for all work systems and sectors, public or private, micro- and macroeconomically, together with other 3D-concepts of economics. Social intrapreneurship, 3BL-GSI, or shared value strategies, could solve most societal problems if financed via QE in a GSI-conform digital full-reserve economy.

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