Abstract
Knowledge democratization is essential to innovation strategy formulation and execution. It is the culture in which organizational strategies are embraced to create shared added-value. This paper provides a framework through which companies can develop democratic corporate entrepreneurship and intrapreneurship operations and strategies. The Company Democracy Model is used as the method based on which knowledge democratization is built by providing a structured path to satisfy the pre-conditions, post conditions and evolution of such initiatives. In this attempt, the Company Democracy Model integrates the McKinsey’s 3 horizon model for organizational growth. The integration of the two models creates a knowledge based corporate entrepreneurship and intrapreneurship transformation strategy, supported by phases, stages, and goals. Furthermore, this integration is projected in a 3-dimensional space where the horizontal business development, of the McKinney 3 Horizons, affects the vertical organizational maturity, of the Company Democracy Model, through innovation development inside or outside the organization.
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Markopoulos, E., Aggarwal, V., Vanharanta, H. (2020). Democratization of Intrapreneurship and Corporate Entrepreneurship Within the McKinsey’s Three Horizons Innovation Space. In: Ahram, T., Karwowski, W., Pickl, S., Taiar, R. (eds) Human Systems Engineering and Design II. IHSED 2019. Advances in Intelligent Systems and Computing, vol 1026. Springer, Cham. https://doi.org/10.1007/978-3-030-27928-8_150
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