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Corporate entrepreneurship
Q Is the term corporate entrepreneurship an oxymoron? In other words, can corporations—especially large ones—be innovative? Support your answer with examples.
No, the term corporate entrepreneurship is not an oxymoron. It is a fact that experience and knowledge alone cannot guarantee any kind of entrepreneurial success. Entrepreneurship and innovation are needed for the ultimate success of a start-up or entrepreneurial venture (Hitt, Ireland, & Hoskisson, 2016). A corporation can be started with different facilities and challenges. Yes, the large corporations can be innovative. For examples, it can be stated that Apple Inc., a famous company of the United States is a large multinational company and it has already expanded its business in different countries.