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Summary Review Questions
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  1. What is meant by the concept of a continuum of radical and incremental innovations?

  2. What are the dilemmas that organizations face when deciding what innovation projects to pursue? What steps can organizations take to effectively manage the innovation process?

  3. What is the difference between focused and dispersed approaches to corporate entrepreneurship?

  4. How are business incubators used to foster internal corporate venturing?

  5. What is the role of the product champion in bringing a new product or service into existence in a corporation? How can companies use product champions to enhance their venture development efforts?

  6. Explain the difference between proactiveness and competitive aggressiveness in terms of achieving and sustaining competitive advantage.

  7. Describe how the entrepreneurial orientation (EO) dimensions of innovativeness, proactiveness, and risk taking can be combined to create competitive advantages for entrepreneurial firms.







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