Corporate entrepreneurs accelerate new business growth by going outside the parent company. Through alliances and acquisitions, new businesses access resources not available within the parent. Spinning off a new business can speed up its development. Yet, all three acceleration vehicles increase the complexity of new business building. This note details traps to avoid when using these vehicles.
- To describe three vehicles for acceleration of new business building inside firms - alliances, acquisitions and spin-offs. - To explain how managers can manage the increased complexity inherent to these acceleration vehicles.
- Corporate entrepreneurship
- New business building
- Alliances
- Acquisitions
- Spin-offs
- Complexity
- AR0910
- AR2010
- RD0710