Relationship between entropy, corporate entrepreneurship and organizational capabilities in Romanian medium sized enterprises

Abstract

This paper analyses the relations between entropy, organizational capabilities and corporate entrepreneurship. The results indicate strong links between strategy and corporate entrepreneurship, moderated by the organizational capabilities. We find that companies with strong organizational capabilities, using a systematic strategic approach, widely use corporate entrepreneurship as an instrument to fulfil their objectives. Our study contributes to the limited amount of empirical research on entropy in an organization setting by highlighting the boundary conditions of the impact by examining the moderating effect of firms' organizational capabilities and also to the development of Econophysics as a fast growing area of interdisciplinary sciences.