The study examines the effect of corporate entrepreneurship (CE) as measured by innova-tion, risk taking, proactiveness … account for 56% variation in service firm's performance (Adj R-squared =0.5604). The findings further suggest that innovation … enhance non-financial performance, service firm managers should focus on innovation, risk taking, corporate venturing and …

variables, I argue that the negative effect of founder-CEOs on innovation is causal. The findings are consistent with a lazy … manager hypothesis; the negative relationship between innovation and founder-CEO is weaker when product market competition is …