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