New-venture teams facilitate entrepreneurship within organizations.

Question

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New-venture teams are a common way for organizations to promote and facilitate entrepreneurship within their structure. These teams are often made up of employees with diverse skills and backgrounds who work together to develop and implement new products, services or processes that can help the organization grow and innovate. By providing a supportive environment for new-venture teams, organizations can encourage and harness the creative energy and drive of their employees, and increase their chances of success in the marketplace.

New-Venture Teams Facilitate Entrepreneurship Within Organizations