Entrepreneurial Strategic Philosophy: A Cross-decade Conceptual Model Between Entrepreneurial Orientation and Strategic Philosophy

Management Department, BINUS Business School Undergraduate Program, Bina Nusantara University, Jakarta, Indonesia 11480

^* Corresponding author: hadiyanto.heru@yahoo.com

Abstract

The development of literature on entrepreneurship has continued for several decades. Starting from the mainstream of innovation, strategic changes, until intersecting with strategic management. Several studies have discussed the relationship between entrepreneurship and strategic management so that companies can improve their entrepreneurial orientation. But, there is still no research that specifically discusses how entrepreneurship combines with the philosophy of strategic management to create a better entrepreneurial strategic orientation. The research here aims to create a specific conceptual relationship between entrepreneurial orientation and the philosophies of strategic management. The qualitative method through literature study was carried out on this research with purposive and snowball sampling techniques to build several propositions to become a model of entrepreneurial strategic philosophy. As a result of the conceptual review here, it is known that there is a conceptual relationship between the entrepreneurial orientation and the philosophy of the strategic management. The formation of art, bottom-up, and flexibility approach will be the most compatible strategic philosophy if the organization aims to increase entrepreneurial orientation rather than bureaucracy orientation. Otherwise, the combination of science, top-down, and consistency approach will be the most compatible strategic philosophy if the organization aims to emphasize bureaucracy orientation rather than entrepreneurial orientation.