Corporate Entrepreneurship
Corporate Entrepreneurship
Describe corporate entrepreneurship and its use in established firms ch1 100 words if references or quotations are used please cite them
100 words
ref and cite
Answer preview…………
According to Burns (2008), corporate entrepreneurship entails development of new ideas, opportunities, products or services within established businesses. The new business development creates value and generates new revenue growth through innovations. The reconstruction and downsizing in corporate entrepreneurship help firms to survive the ever growing competition. Through dynamic entrepreneurship culture, organizations are making sure to keep up with the ever-changing market and therefore able to satisfy and maintain their customers, whose needs change too with time. Corporate entrepreneurship also brings knowledge because it encourages employees to be more innovative. Everyone in the organization works towards the same goal which is coming up with new and better ideas to improve the organization’s business and make it stay top in competition…
APA 147 words