Corporate entrepreneurship is a process used to develop new businesses products services or processes inside of an existing organization to create value and generate new revenue growth through entrepreneurial thought and action. What is corporate entrepreneurship first though what exactly is corporate entrepreneurship we define the term as the process by which teams within an established company conceive foster launch and manage a new business that is distinct from the parent company but leverages the parents assets market position capabilities or other resources. Corporate entrepreneurship is the art of creating innovative ideas within a corporation and materializing them to make profit you have to use the knowledge and creativity that exists within a person to generate money making ideas many new businesses organizations and corporations have been made . Though its definition is somewhat contentious the concept of corporate entrepreneurship is generally believed to refer to the development of new ideas and opportunities within large or established businesses directly leading to the improvement of organizational profitability and an enhancement of competitive position or the strategic renewal of an existing business
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