Corporate Entrepreneurship

School: American School of Business           Price: $10.00 USD

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A detailed description on Corporate entrepreneurship.

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American School of Business
Running Head: CORPORATE ENTREPRENEURSHIPCorporate entrepreneurshipNameCourseTutorInstitutionDate1CORPORATE ENTREPRENEURSHIP2According to Bygrave and Zacharakis (2011), Entrepreneurship has over the years beenan integral part in the world of business as it gives rise to new products and services, freshapplications for the existing products and services, and develops new ideas that are essential forthe prosperity of a business thus it stirs up an economy by giving it its vitality. However, thereare various types of entrepreneurship which include; corporate entrepreneurship, socialentrepreneurship, internet entrepreneurship among others. Nevertheless, the following essay willfocus on corporate entrepreneurship whereby it will give its clear definition, outline theopportunities and challenges presented by this type of entrepreneurship and lastly, it will explainhow this type of entrepreneurship differs from the other types in terms of characteristics.Corporate Entrepreneurship is an evolving area of research that has attracted lots ofattention in the field of business due to a variety of pressing problems which include; (1) theneed for change, innovation and improvements among corporations; (2) poor corporatemanagement in a firm; and (3) disappointments of innovative employees with bureaucraticorganizations. Therefore, as per Bygrave and Zacharakis (2011), corporate entrepreneurship isthe process of opening up new opportunities in a business through
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