Intrapreneurship is considered one of the best ways of promoting corporate innovation. The need for business owners and managers to adopt entrepreneurial behavior in devising their strategies has been spurred as a result of accelerated technological change and growing global competition in recent years. The concept of intrapreneurship is used to refer to entrepreneurial initiative within a company. It is an instrument that uses workers’ knowledge, involving them in innovation processes which not only allows new ideas to be generated but also that these ideas can become projects and even new businesses for the company. How does Internet and technological change has affect innovation in corporations?

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
Problem 9SQ
icon
Related questions
Question

Intrapreneurship is considered one of the best ways of promoting corporate innovation. The need for business owners and managers to adopt entrepreneurial behavior in devising their strategies has been spurred as a result of accelerated technological change and growing global competition in recent years.

The concept of intrapreneurship is used to refer to entrepreneurial initiative within a company. It is an instrument that uses workers’ knowledge, involving them in innovation processes which not only allows new ideas to be generated but also that these ideas can become projects and even new businesses for the company.

How does Internet and technological change has affect innovation in corporations?

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Microeconomics: Private and Public Choice (MindTa…
Microeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506893
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning