Business planning by intrapreneurs and entrepreneurs under environmental uncertainty and institutional pressure

We examine business planning for new firms created in the digital age, knowledge-intensive organizations that may rely primarily on adapting to dynamic environments with little predictability. This study compares the prevalence of planning for entrepreneurial versus intrapreneurial ventures, as well as for those in highly dynamic environments versus those in more mature and less dynamic environments. We study 623 venture opportunities in Sweden over a 10-year period, comparing entrepreneurial and intrapreneurial ventures, adding empirical results to theoretical discussions examining environmental uncertainty with firms that might pursue sensory activities versus those focusing on systematic analysis.