CPI Corporate Entrepreneurship & Intrapreneurship Flashcards
6 cards from real CPI practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 6 CPI Corporate Entrepreneurship & Intrapreneurship flashcards as text
What is the primary distinction between entrepreneurship and intrapreneurship?
Answer: Intrapreneurship involves entrepreneurial activity within an existing organization
Intrapreneurship is entrepreneurial behavior exercised by employees inside an established company, using corporate resources to build new ventures.
Which organizational structure best supports intrapreneurial initiatives in a large US corporation?
Answer: Autonomous innovation units or skunkworks teams
Autonomous units like skunkworks teams operate with reduced bureaucracy and dedicated resources, enabling rapid experimentation away from the core business.
What does 'organizational ambidexterity' mean in the context of corporate entrepreneurship?
Answer: The ability to simultaneously exploit existing capabilities and explore new opportunities
Organizational ambidexterity describes a firm's capacity to efficiently run its core business while simultaneously pursuing exploratory innovation initiatives.
Which corporate venturing model involves a company creating a separate internal startup with dedicated funding and autonomy?
Answer: Internal corporate venture (ICV)
An internal corporate venture is a semi-autonomous unit funded by the parent company to develop a new business concept independently of existing operations.
What role does psychological safety play in fostering intrapreneurship?
Answer: It allows employees to propose and test ideas without fear of punishment for failure
Psychological safety creates an environment where employees feel secure enough to voice unconventional ideas and experiment without risking career penalties.
How does a corporate accelerator differ from a traditional corporate R&D department?
Answer: A corporate accelerator supports external or internal startups with time-limited, mentorship-driven programs
Corporate accelerators run cohort-based programs that rapidly develop early-stage ventures through mentorship, resources, and milestone-driven timelines.