The combination of entrepreneurship and strategy is gaining
increasing recognition as a pathway for growth within both
individual organisations and national economies. Hence the benefits
emerge from both a micro and macro economic perspective.
Essentially, however, research on strategic entrepreneurship, being
the intersection of entrepreneurship and strategy remains in the
early stages. While the benefits of combining entrepreneurship and
strategy are well established, strategic entrepreneurship as a
concept remains under-developed and unsubstantiated. Thus the
question arises as to what constitutes strategic entrepreneurship?
In order to address this issue a preliminary framework of strategic
entrepreneurship is derived from the literature on entrepreneurship
and strategy, in order to identify the intersection of the two.
This framework is then examined in the context of activity which is
recognised as both entrepreneurial and strategic within three
state-owned enterprises. Findings identify a number of elements as
central to strategic entrepreneurship, as well as a number of
supporting elements, providing the potential for both competitive
advantage and wealth creation.
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