Stimulating the creation of ideas in Australian knowledge-intensive businesses – the need for intrapreneurship

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Ravlikj, Ivona
Perenyi, Aron
Birdthistle, Naomi
Fisher, Rosemary
Bamforth, Jill
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2022
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Melbourne

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Knowledge-intensive businesses depend on the utilisation of their knowledge resources and operate in a very dynamic environment. Thus, investments in knowledge are considered key sources of innovative and intrapreneurial opportunities. Intrapreneurship defined as the creation of innovative products/services; renewal of the business operations; and venturing into new businesses; serves as a vehicle to create and convert knowledge. Australian knowledge-intensive businesses must leverage their knowledge to obtain higher degrees of knowledge transfer and intrapreneurial activities. Our study applies a qualitative research method to explore how knowledge transfer activities can stimulate employees’ intrapreneurial activities to result in novel ideas within knowledge-intensive businesses. We find that managers, who are collaborative and promote an open discussion through informal channels within a company, have higher levels of intrapreneurial activities in their staff. The utilisation of processes and platforms for transferring knowledge into intrapreneurial activities can lead to the development of novel ideas. Based on our analysis, we suggest areas for future research: (i) further clarification about the utilisation and effectiveness of the knowledge transfer platforms; (ii) examination of channels and platforms used for sharing innovative ideas; (iii) a study encompassing different sectors to develop further implications and policies that knowledge intensive businesses could apply.

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ACERE 2022 Conference

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Strategy, management and organisational behaviour

Small business organisation and management

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Ravlikj, I; Perenyi, A; Birdthistle, N; Fisher, R; Bamforth, J, Stimulating the creation of ideas in Australian knowledge-intensive businesses – the need for intrapreneurship, ACERE 2022 Conference, 2022