QuickHelper

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About QuickHelper

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Teaching Since: May 2017
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  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 01 Jun 2017 My Price 7.00

Venture entrepreneurs (150 words)

Question description

 

Please respond to the following  with 150 words.

 

 

A venture champion, also known as technical entrepreneur, is a person who is highly innovative and pushes to have their innovative ideas accepted by their organization. Their role is to promote innovation throughout the organization at a top-down level rather than bottom up.

Venture champions typically are 30 – 40 years old with master’s-level degrees, 13 years of work experience, and 10 – 15 years of business experience. They are creative, visionary, and highly resourceful individuals who take advantage of opportunities, and accept responsibility for their decisions. Venture champions are also extremely hard workers, and are strong believers in their own capacity. According to Tidd and Bessant (2013) “technical entrepreneur’s tend to have higher levels of productivity” (p. 508).

Venture champions are successful because they are able to obtain capital and resources from the organization. In addition, they have insight of the organization’s capabilities and skills, well-proven strategies, and are mentored by experienced managers within the organization regarding ways to deal with the market.

 

Answers

QuickHelper
(10)
Status NEW Posted 01 Jun 2017 08:06 PM My Price 7.00

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