A Framework for Corporate Entrepreneurship

Within the area of entrepreneurship, corporate entrepreneurship is one of the fastest growing. Many entrepreneurs find it difficult to manage and expand the venture once they have created it. Likewise, many managers find it difficult to allow innovative employees to engage in venturing activities. In order to develop and grow the organization, managers need to be entrepreneurial by building and developing an organization that encourages corporate entrepreneurship behavior and rewards employees for taking creative risks.

Never before has there been such a need for corporate entrepreneurship as organizations face increased competition from globalization and rapid technological advancement. Since customers ...

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