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ABSTRACT
The purpose of this study is to investigate the relationship between corporate entrepreneurship and innovative performance of two Nigerian banks. The study examines the relationship between proactiveness, innovativeness, risk-taking, competitive aggressiveness and innovative performance. The study administered questionnaires to two-hundred and twenty-four (224) staff of First Bank of Nigeria and Access Bank Plc using a simple random sampling technique. The study employed descriptive statistics, Pearson correlation, multiple regressions and analysis of variance, using statistical package for social sciences(SPSS 16.0). The empirical results show that proactiveness had a positive and a significant relationship with innovative performance, innovativeness had a negative and a significant relationship with innovative performance, risk taking had a negative and a significant relationship with innovative performance and competitive aggressiveness had a positive and a significant relationship with innovative performance. The analysis of variation revealed that there is no significant difference between innovative performance of old and new generation banks. The study therefore recommends that management of banks should be more proactive in responding quickly to market signals in order to improve innovative performance. The managers of banks should also be careful in the transfer of resources to profit-oriented projects.
