How corporate entrepeneurship differs
6 important questions on How corporate entrepeneurship differs
What is ment by the basics apply no matter what the context?
Define some differences between start-up entrepeneurship and corporate
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?
meeting one's own goals
ensuring one's own goals exceed anything that senior management ever expected
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Describe the risk that corporate entrepeneurs take?
What are the three main answers corporate entrepeneurs dont start their own business?
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?
reinforce the ability of anyone in the company to champion an idea
invest in the development of people
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