Choose one of the four models of corporate entrepreneurship and describe its characteristics. Provide an example of innovation.

There are four most common types of corporate entrepreneurship, including the opportunist, the enabler, the advocate, and the producer. The first model, which is the starting point for most companies, is an opportunist (The four models of corporate entrepreneurship, n. d.). It implies that the company is ready to try new directions, has flexible management, and gives way to unusual and fresh ideas (The four models of corporate entrepreneurship, n. d.). One more feature of this model is the presence of informal communication between the company’s substructures.

This model could hold each of three types of innovation, but process innovation is the most suitable since it is more complex than product one. For example, a company can alter its supply chain to reduce costs by implementing a digital goods control system. That would allow the business to replace some employees with AI systems, increase effectiveness, and accelerate some processes related to logistics.

Answer by Academic.tip's expert
An answer to this question is provided by one of our experts who specializes in management. Let us know how much you liked it and give it a rating.

Cite this page

Select a citation style:

References

Academic.Tips. (2022) 'Choose one of the four models of corporate entrepreneurship and describe its characteristics. Provide an example of innovation'. 19 December.

Reference

Academic.Tips. (2022, December 19). Choose one of the four models of corporate entrepreneurship and describe its characteristics. Provide an example of innovation. https://academic.tips/question/choose-one-of-the-four-models-of-corporate-entrepreneurship-and-describe-its-characteristics-provide-an-example-of-innovation/

References

Academic.Tips. 2022. "Choose one of the four models of corporate entrepreneurship and describe its characteristics. Provide an example of innovation." December 19, 2022. https://academic.tips/question/choose-one-of-the-four-models-of-corporate-entrepreneurship-and-describe-its-characteristics-provide-an-example-of-innovation/.

1. Academic.Tips. "Choose one of the four models of corporate entrepreneurship and describe its characteristics. Provide an example of innovation." December 19, 2022. https://academic.tips/question/choose-one-of-the-four-models-of-corporate-entrepreneurship-and-describe-its-characteristics-provide-an-example-of-innovation/.


Bibliography


Academic.Tips. "Choose one of the four models of corporate entrepreneurship and describe its characteristics. Provide an example of innovation." December 19, 2022. https://academic.tips/question/choose-one-of-the-four-models-of-corporate-entrepreneurship-and-describe-its-characteristics-provide-an-example-of-innovation/.

Work Cited

"Choose one of the four models of corporate entrepreneurship and describe its characteristics. Provide an example of innovation." Academic.Tips, 19 Dec. 2022, academic.tips/question/choose-one-of-the-four-models-of-corporate-entrepreneurship-and-describe-its-characteristics-provide-an-example-of-innovation/.

Copy