Corporate Entrepreneurship: How to Create a Thriving Entrepreneurial Spirit Throughout Your Company
by Robert Hisrich, Claudine Kearney
Corporate Venture Capital Units
Corporate entrepreneurial venturing involves corporate entrepreneurial efforts in which established business organizations invest in and/or create new businesses. When the new business is created within the parent company’s organizational domain, this is sometimes called internal corporate venturing. External corporate venturing involves investments that facilitate the founding and/or growth of external businesses, companies outside the company’s organizational domain as was discussed in the scenario of this chapter. Joint corporate venturing is a form of external corporate venturing in which the company invests with another established organization(s) in the creation of a new external business. All three approaches ...
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