Assessing Employees' Perception Related to Entrepreneurial Climate in their Organization & its Impact on their Perception Related to Organization's Potential Success

Abstract

Corporate entrepreneurship plays an important role in stimulating innovations and giving a competitive edge to the organization in the long run. Positive and vibrant entrepreneurial climate within the organization is one of the building blocks of corporate entrepreneurship. . This study tries to assess the perception of entrepreneurial climate amongst the employees of Indian organizations. It covers perception of the employees on 13 different parameters of entrepreneurial climate and attempts to find out the employees’ related factors and organization related factors affecting entrepreneurial climate. The paper also tries to assess the impact of perception of entrepreneurial climate of employees on their perception related to potential success of their organization. The study uses primary data collection from 633 employees from the corporate sector. It uses descriptive and inferential analysis such as One Sample T-test, ANOVA and Regression analysis to arrive at the conclusions. The study concludes that employees’ perception related to entrepreneurial climate in their organizations is affected by their age-group and their seniority in the management cadre. Employees belonging to manufacturing and engineering sectors have more positive outlook towards entrepreneurial climate than other sectors. The study also found that there is a positive and significant relationship between employees’ perception related to the entrepreneurial climate within their organizations and their perception related to potential success of their organizations.