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How corporate entrepeneurship differs

6 important questions on How corporate entrepeneurship differs

What is ment by the basics apply no matter what the context?

the definition of entrepeneurship says nothing about the context. the context is not mentioned in the definition. the reality is that all companies contain some amount of entrepeneurship

Define some differences between start-up entrepeneurship and corporate

start up vs company:
entrepeneur takes risk vs company
entrepeneur owns idea vs company
one misstep can cause failure vs more chances
speed of decision making vs slower
little security vs job security
low resources vs acces to finance and r&d

What are the challenges concering the development cycle?

performing satisfactorily on normal performance measures
meeting one's own goals
ensuring one's own goals exceed anything that senior management ever expected

Describe the risk that corporate entrepeneurs take?

they are moderate risk-takers. they tend to look at a situation carefully and identify all the ascociated risks. the risk must be positioned in a way that fits the general risk profile of the company, and is politically acceptable.

What are the three main answers corporate entrepeneurs dont start their own business?

the resources i can tip into
the potential to operate on a fairly significant scope and scale fairly quick
the security when operating in an existing company

What is critical for senior management?

create environmnents where employees have a sense that resources can be accesed
reinforce the ability of anyone in the company to champion an idea
invest in the development of people