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Clarifying the intrapreneurship concept

memorize.ai (lvl 286)

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Section 1

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Intrapreneurships Three Focal Areas

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Last updated

6 years ago

Date created

Mar 14, 2020

Cards (17)

Section 1

(17 cards)

Intrapreneurships Three Focal Areas

Front

1. Individual Intrapreneur 2. Formation of new corporate ventures 3. Entrepreneurial Organization

Back

product/service innovativeness

Front

innovations in production procedures and techniques

Back

Entrepreneurship Orientation

Front

A firms tendency to engage in and support new ideas or creative processes that may result in new products/services.

Back

Three most important sources of capability transfer (Or synergy)

Front

-Resource sharing -Functional skill transfer -General management Skills

Back

Capabilities

Front

organization-specific combinations of tangible and intangible resourses across the organizational businesses' value chains.

Back

Risk Taking

Front

Possibility of loss related to quickness in taking bold actions and committing resources in the pursuit of new opportunities

Back

Competitive Aggressiveness

Front

Aggressive posture toward competitors

Back

New Businesses

Front

Pursuit of and entering into new businesses related to current products or markets

Back

Organizational Learning

Front

refers to organizational acquisition and retention of knowledge, and improvement in organizational routines.

Back

Diversification Strategy

Front

Corporate strategy that addresses what business the organization should be in. Mostly driven by synergy or what compliments existing operations

Back

Corporate Entrepreneurship

Front

The birth of new businesses within existing organizations

Back

Entrepreneurial Posture

Front

Risk taking with regard to investment decisions and strategic actions in face of uncertainity

Back

New Ventures

Front

Creation of new autonomous or semi-autonomous units or firms

Back

Entrepreneurship

Front

The process of uncovering and developing an opportunity to create value through innovation and seizing that opportunity without regard to either resources or the location. Value creation by carrying out new combinations that cause discontinuity

Back

Self-Renewal

Front

Strategy reformulation, reorganization and organizational change

Back

Pro-activeness

Front

Top management orientation for pioneering and initiative taking.

Back

Organizational Innovation

Front

Back