ch 3
Collective entrepreneurship, as a concept, refers to
entrepreneurial thinking that is diffused throughout the company.
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Develop a well-defined hierarchical structure, and stick to it.
false
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Encourage structured activity
false
Which of the following helps account for the rise of interest in corporate entrepreneurship?
An increase in corporations losing some of their best people.
All of the following are reasons for the growth of corporate entrepreneurship except
a desire to dramatically increase profitability.
Secretly working on new ideas on company time as well as on personal time is referred to as
bootlegging
Firms do not need to alter management techniques to encourage corporate entrepreneurship since it tends to occur naturally.
false
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Discourage joint projects and ventures among different departments
false
Skunk works are project groups that work within the traditional lines of authority
false
Systematic evolution of a product or service into newer or larger markets is referred to as radical innovation.
false
The resources of the organization are irrelevant to the ability of the corporate entrepreneur to implement an idea.
false
Which of the following terms refers to the systematic evolution of a product or service into newer or larger markets?
incremental innovation
In restructuring corporate thinking, top management should
promote entrepreneurship through experimentation.
The first step in planning a strategy of entrepreneurship for enterprise is
sharing the vision of innovation.
Groups that function outside traditional lines of authority permitting rapid turnaround of new ideas as well as instilling a high level of group loyalty are called:
skunk works
Which of the following are specific factors identified by researchers, that organizations can concentrate on in structuring an entrepreneurial climate.
top management support, time, resources, rewards, and organizational boundaries
Which of the following is an obstacle to corporate entrepreneurship?
traditional management techniques
Clever bootlegging of ideas refers to secretly working on new ideas on company time as well as on personal time.
true
In the model of sustained corporate entrepreneurship discussed in the text, a transformational trigger can be internal or external to the company
true
Individuals may avoid corporate entrepreneurial behavior due to the impact of traditional management techniques
true
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Allow bootlegging of ideas.
true
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Encourage a bias for action.
true
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Encourage brainstorming.
true
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Provide feedback on performance.
true
One reason that corporate entrepreneurship has become popular is because it allows corporations to tap the innovative talents of the personnel.
true
Researchers have identified specific factors that organizations can concentrate on in helping individuals develop more entrepreneurial behavior.
true
The first step in planning a strategy of corporate entrepreneurship is sharing the vision of innovation that executives wish to achieve.
true
Which of the following would not be considered as encouraging to an entrepreneurial environment?
uniform compensation
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Fire those who make mistakes as a way of creating a good example for others.
false
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Make extensive use of formal meetings.
false
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False). Set implicit goals.
false
The second step in planning a strategy of entrepreneurship for the enterprise is
developing and encouraging innovation
The major thrust of corporate entrepreneurship is to
encourage innovation
Which of the following terms refers the inaugural breakthroughs launched from experimentation and determined vision?
radical innovation
Transformational triggers in a corporate entrepreneurial environment initiates the need for
strategically adapting to change