After reading this chapter, you should have a good understanding of the following learning objectives:
LO 12.1 | The importance of implementing strategies and practices that foster innovation. |
LO 12.2 | The challenges and pitfalls of managing corporate innovation processes. |
LO 12.3 | How corporations use new venture teams, business incubators, and product champions to create an internal environment and culture that promote entrepreneurial development. |
LO 12.4 | How corporate entrepreneurship achieves both financial goals and strategic goals. |
LO 12.5 | The benefits and potential drawbacks of real options analysis in making resource deployment decisions in corporate entrepreneurship contexts. |
LO 12.6 | How an entrepreneurial orientation can enhance a firm's efforts to develop promising corporate venture initiatives. |