While certain components of entrepreneurship are frequently argued to be important for performance, little is known about how the presence of intertwining entrepreneurship elements acting additively influence the performance of the firms (see e.g. Zahra, 1986).

This research uses different operationalizations of corporate entrepreneurship and correlates them with financial performance measures, giving implications as to which components of corporate entrepreneurship are worth developing and managing in fast-growing firms in transition economy organizations. As a result, an empirical model is built, representing the relation between corporate entrepreneurship and performance in successful firms.