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CHAPTER 12 MANAGING INNOVATION & FOSTERING CORPORATE ENTREPRENEURSHIP…
CHAPTER 12
MANAGING INNOVATION & FOSTERING CORPORATE ENTREPRENEURSHIP
Types of Innovation
Product innovation
Process innovation
Degree of its innovativeness
Radical innovation
Incremental innovation
Disruptive innovation
Sustaining innovation
Challenges of Innovation
5 dilemmas
Seeds versus weeds
Experience versus initiative
Internal versus external staffing
Building capabilities versus collaborating
Incremental versus preemptive launch
Cultivating Innovation Skills
(Innovators' DNAs)
Associating
Questioning
Observing
Experimenting
Networking
Others
Scope of Innovation
Managing the Pace
Staffing to Capture Value
Collaborating with Innovating Partners
Corporate entrepreneurship
Two distinct approaches to corporate venturing
Focused corporate venturing
Dispersed Approaches
Measuring the success
Exit champions
Entrepreneurial Orientation
Autonomy
Innovativeness
Proactiveness
Competitive aggressiveness
Risk taking