n Journal of Contemporary Management - Beyond the crisis : corporate entrepreneurship in the South African mining industry
|Article Title||Beyond the crisis : corporate entrepreneurship in the South African mining industry|
|© Publisher:||Prof. Marthie Grobler|
|Journal||Journal of Contemporary Management|
|Affiliations||1 University of Witwatersrand and 2 University of Witwatersrand|
|Publication Date||Jan 2015|
|Pages||20 - 39|
|Keyword(s)||Corporate entrepreneurship, Entrepreneurial orientation, Innovation and Mining sector|
The mining industry in South Africa faces unprecedented challenges where it has been proposed that this sector can only become sustainable if it focuses on developing new innovative processes to overcome constraints and creates a competitive advantage through corporate entrepreneurship activities. Firms that exhibit entrepreneurship are typically viewed as dynamic, flexible entities prepared to take advantage of new business opportunities, where they explore new business domains and new ways of conducting business.
This study empirically tests levels of entrepreneurship amongst firms in the South African mining industry and identifies potential links to different types of corporate entrepreneurship strategies that are used to ensure sustainability.
Results from a survey support the hypothesis insofar a significant and positive relationship is observed between the entrepreneurial dimensions of innovativeness, proactiveness and corporate strategies of internal corporate venturing, cooperative corporate venturing, strategic renewal, as well with organisational rejuvenation and business model reconstruction.
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