The Entrepreneurial Organization

Organizational Entrepreneurship



Definitions:

Entrepreneur - One who assumes the risk and responsibility for developing a business venture or...
(Taken from: http://www.altosnet.com/EntrepreneurshipAtoZ/eaz3.htm)

Intrapreneur - A person who is responsible for turning an idea into reality within an organization.

Entrepreneurship - The pursuit of opportunity beyond the resources currently controlled. (Harvard Business School)
(Taken from: http://www.altosnet.com/EntrepreneurshipAtoZ/eaz3.htm)

Corporate Entrepreneurship - The set of capabilities possessed by an organization to produce or acquire new goods and/or services and manage the innovation process.

Innovation - The process of crating a commercial product from an invention

Product Champion - A member of an organization who has an entrepreneurial vision of a new good or service and seeks to create support for its commercialization.

Autonomous Strategic Behavior - A bottom-up process in which product champions pursue new product ideas, often through a political process, whereby they develop and coordinate the commercialization of a new good or service until it achieves marketplace success.

Induced Strategic Behavior - A top-down process whereby the current strategy and structure foster product innovations that are associated closely with the current strategy and structure.

Profile of the Small Business:

The typical small business has fewer than 100 employees and is owned by just a few partners. Small businesses are responsible for most of the job growth in the U.S. accounting for half of the U.S. employment.

If you are interested in more information: http://www.altosnet.com/EntrepreneurshipAtoZ/Welcome.html


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