Corporate entrepreneurship (CE) is an essential concept in entrepreneurship research. Many scholars have shown CE theoretical and empirical implications for firms’ survival, development, and growth. We use a systematic literature review approach to analyse and discuss 214 articles published in top-tier journals from 1985 to 2023. This review proposes a conceptual model and highlights that little attention has been given to discussing the role of context in the corporate entrepreneurial process. Thus, we propose a research agenda for contextualizing corporate entrepreneurship concerning business, social, spatial, institutional, organizational, and ownership contexts.