One of the distinguishing differences between the two sources of internal corporate venturing (autonomous strategic behavior and induced strategic behavior) is whether the innovation process:

a. is encouraged by a product champion or an entrepreneur external to the organization.

b. is in a large or small organization.

c. relies on internal structure or existing strategy to encourage innovation.

d. is encouraged through a bottom-up or top-down process.

Question

Edith

Social Studies

18 December, 21:36

One of the distinguishing differences between the two sources of internal corporate venturing (autonomous strategic behavior and induced strategic behavior) is whether the innovation process:

a. is encouraged by a product champion or an entrepreneur external to the organization.

b. is in a large or small organization.

c. relies on internal structure or existing strategy to encourage innovation.

d. is encouraged through a bottom-up or top-down process.

+5

Answers (1)

Know the Answer?

Haylee Perkins · Answer 1

d. is encouraged through a bottom-up or.

Explanation:

ICVs or Internal corporate venture is a entrepreneurial initiatives which is originated within corporate structure and is intended from inception as a new businesses for the organization.

Autonomous Strategic Behavior - It is a bottom-up process where the product champions follow new product ideas. It is considered as informal network which assesses the new ideas.

Induced Strategic Behavior - It is a top-down process where the current structure and strategy foster the product innovations which are associated very closely with the current structure and strategy.

Therefore, one difference is that induced strategic behavior and autonomous strategic behavior are encouraged by a top-down process or a bottom up process.

Hence the correct answer is option (d).