Summary of all lecture content (incl. images/graphs)
12 views 0 purchase
Course
Corporate Entrepreneurship (BMSE04)
Institution
Erasmus Universiteit Rotterdam (EUR)
This document contains a summary of all lectures and post-class lecture videos. It also contains relevant pictures and figures which are also presented during class.
Corporate Entrepreneurship Video 1 Notes 2
CE Behavior, Process and Strategy Video 2 Notes 4
Role of Managers Video 3 Notes 6
Lecture 1 Notes 7
Lecture 2 Notes 8
Lecture 3 Notes 14
Lecture 4 Notes 20
Lecture 5 Notes 25
1
,Corporate Entrepreneurship Video 1 Notes
The idea of a sustained competitive advantage is obsolete
Firms need to embrace the notion of a transient advantage: launching new strategic
initiatives again and again, creating a portfolio of advantages that can be both built and
abandobned quickly
Corporate venturing - creating, investing in or adding to new businesses
1. Internal e.g. created by partners within the corporation Amazon
2. Cooperative e.g. owned by and created within Amazon but partnered with an
external party
3. External e.g. created by partners outside of the corporation
Strategic Entrepreneurship - long term view of value creation that results from
simultaneously engaging in opportunity-seeking (entrepreneurship) and advantage-seeking
strategic management) behavior
Initiatives can happen anywhere and everywhere, entrepreneurial behavior is critical
1. Strategic renewal
2. Sustained regeneration
3. Domain redefinition
4. Organizational rejuvenation
5. Business model reconstruction
Challenges of corporate entrepreneurship
Two cultures problem
1. Predictable environments - existing businesses - aiming at stability and efficiency
2. Adaptive environments - new businesses - surrounded by uncertainty and ill- defined
operational models
2
, Entrepreneurial Equilibrium - three kinds of balancing acts how corporations can grow new
businesses
1. Balance trial and error strategy formulation with rigor and discipline
2. Balances operational experience with invention
3. Balance new businesses’ identity with integration
3
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lisa-aarnoutse. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.03. You're not tied to anything after your purchase.
