1. Nature of Corporate Entrepreneurship Chapter 2 Entrepreneurial Revolution Entrepreneurship Defined Entrepreneurial Myths Entrepreneurial Process Nature of Corporate Entrepreneurship

2. Entrepreneurial Revolution Drivers Results

3. Entrepreneurship Definition Process of creating value by bringing together a unique package of resources to exploit an opportunity Key Components

4. Entrepreneurial Myths Entrepreneurs are born, not made Entrepreneurship is about invention Entrepreneur profile All you need is luck to be an entrepreneur Entrepreneurs are extreme risk-takers (gamblers)

5. Entrepreneurial Myths (Continued) Entrepreneurs are academic and social misfits All entrepreneurs need is money Ignorance is bliss for entrepreneurs The high failure rate myth Entrepreneurship isunstructured and chaotic

6. Entrepreneurial Process Fundamental Elements Assessment Approach (Figure 2.1) Integrative Approach (Figure 2.2)

7. Nature of Corporate Entrepreneurship Defining the Concept Three Models Domain Model (Guth & Ginsberg) Interactive Model (Hornsby, et. al.) Strategic Integration Model (Covin & Slevin)