Acta Universitatis Danubius. Œconomica, Vol 12, No 4 (2016)

Abstract

This study was designed to investigate the specific internal factors that influence Corporate Entrepreneurship in Nigerian manufacturing industry. The study adopted a survey research design; it made use of primary data which were obtained using questionnaire. Data were collected from 328 companies using simple random sampling technique. Data were analysed using hierarchical regression analysis. Although the result of the model summary indicates a low value of R² (0.339), all the five factors in the internal environment were found to have significant positive effect on CE (organizational boundary β = 0.432, p-value = 0.000 < 0.05, management support β = 0.137, p-value = 0.000 < 0.05, reward/ re-enforcement β = 0.238, p-value = 0.000 < 0.05, work discretion β = 0.238, p-value = 0.00 < 0.05 and time availability β = 0.143, p-value = 0.000 < 0.05). It was concluded that psychometric instruments (Corporate Entrepreneurship Assessment Instrument, for example) cannot be adopted as universally accepted instrument for measuring factors in the internal environment that determine CE. It was recommended that manufacturing companies in Nigeria should develop a means of continuous improvement upon these factors.