Chapter 7 Mateusz Bodio, Monika Golonka Corporate Entrepreneurship: Manager Initiatives Leading to a Reduction of Knowledge Leakages in Strategic Alliances Introduction P olskie Górnictwo Naftowe i Gazownictwo S.A. – PGNiG is a large, leading energy company in Poland. This company creates numerous strategic alliances with their partners, both in Poland and at the inter- national scale. Sometimes, the allies are simultaneously the company’s direct competitors. What risks are related to such cooperation? How does the company deal with them? Is there a place for corporate entre- preneurship in alliances? In this study we aim to answer these questions. Thanks to interviews with top managers, as well as an analysis of sec- ondary data and the existing literature, we provide a description of the major threats associated with coopetition, and the methods of their reduction. Defnition of Alliance The 21 st century brings new possibilities of development for companies that search for new markets and new methods of expansion. Highly