4 significant differences in creating a new venture, and establish a corporate venture through intrapreneurship

    • Business environment: staff within corporate venture is restricted by parental rules
    • Establishing new venture: independent will tailor for own proposal, internal must meet org. rules and share control with management
    • Sources of patterns & funding: entra in funded on milestone basis, intra on traditional budgetting and resource allocation
    • Staff resources: independent is made up of eager qualified individuals who share founders vision. LE will recruit people in line for promotion, rather then on basis of org. need

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