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  • 标题:THE RELATIONSHIP BETWEEN STRATEGIC PLANNING AND ENTREPRENEURSHIP: A PARADOX
  • 本地全文:下载
  • 作者:Shepherd Dhliwayo ; Prof. Jurie van Vuuren
  • 期刊名称:Asian Journal of Business and Management Sciences
  • 电子版ISSN:2047-2528
  • 出版年度:2012
  • 卷号:1
  • 期号:03
  • 页码:23-33
  • 出版社:Society for Business Research Promotion
  • 摘要:The purpose of this research is to find out if the supposedly diametrically opposed constructs of strategic planning and entrepreneurship can be executed jointly for the competitiveness of the firm. A total of 232 South African public companies were studied. A questionnaire was utilised to collect data on the companies’ practice of strategic planning, the extent of entrepreneurship and financial performance. Factor analysis was carried out to structure data for better analysis. A correlation analysis was done to determine the significance of the relationships between the two constructs, strategic planning, entrepreneurship and performance. The research found out that there was a positive but weak correlation between the practice of strategic planning and corporate entrepreneurship. There was a weak but positive correlation between strategic planning and performance and also a weak but positive relationship between corporate entrepreneurship and performance. This implies that South African public companies do practice strategic planning but this practice is low-level or insignificant. The companies’ corporate entrepreneurial orientation is also low, (insignificant). This result is consistent with prior studies. This may be the first empirical research done on the subject in South Africa and its contribution is therefore important. An integrative empirical study of the two areas, strategic planning and entrepreneurship is important since most such integrative studies have mainly been theoretical. Full Text
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