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From Professionals to Entrepreneurs – HR Practices as an Enabler for Fostering Corporate Entrepreneurship in Professional Service Firms

URN to cite this document: urn:nbn:de:bvb:703-epub-2036-2

Title data

Kühn, Christopher J. ; Eymann, Torsten ; Urbach, Nils:
From Professionals to Entrepreneurs – HR Practices as an Enabler for Fostering Corporate Entrepreneurship in Professional Service Firms.
ed.: Eymann, Torsten
Bayreuth , 2015 . - (Bayreuther Arbeitspapiere zur Wirtschaftsinformatik ; 61 )

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Abstract

Professional Service Firms (PSFs) such as accounting, consulting, law, engineering or advertising firms increasingly face changing attitudes and fluctuation among young high potentials that question traditional career and human resource (HR) concepts. In this context, it seems vital to foster a spirit of corporate entrepreneurship in PSFs to create an attractive environment that satisfies the autonomy-striving professionals. Our research is based on a multiple case study design that investigates how corporate entrepreneurship in the fields of elite accounting/consulting and law firms can be enabled by HR practices. Specifically, we analyse how contemporary PSFs manage to identify, select, build, reward, keep and let go of entrepreneurial professionals. Our findings imply that there are still open issues in the identification, selection and reward practices, while promising approaches for training and retention exist and the low risk perception by professionals provides fertile grounds for entrepreneurial behaviour to prosper. Based on these findings, we present HR-related recommendations for fostering corporate entrepreneurship in PSFs and highlight some promising avenues for future research.

Further data

Item Type: Working paper, discussion paper
Keywords: Professional Service Firms; Corporate Entrepreneurship; Entrepreneurial Orientation; HRM
DDC Subjects: 300 Social sciences > 330 Economics
Institutions of the University: Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Business Administration
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration VII
Faculties > Faculty of Law, Business and Economics > Department of Business Administration > Chair Business Administration VII > Chair Business Administration VII - Univ.-Prof. Dr. Torsten Eymann
Language: English
Originates at UBT: Yes
URN: urn:nbn:de:bvb:703-epub-2036-2
Date Deposited: 24 Apr 2015 07:16
Last Modified: 04 Apr 2019 05:42
URI: https://epub.uni-bayreuth.de/id/eprint/2036

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