Assesses the performance of ten European firms in four mature industries that responded to adversity by introducing corporate entrepreneurship. Previous research on entrepreneurship, innovation and change suggests the following five bundles of attributes common to all types of entrepreneurship:...

New entrants very often spin out from established firms and because they set on a course at founding, their learning and capabilities become inextricably linked to their organizational and technological heritage. But while this heritage may provide an initial advantage, it can also generate...