Idea champions,the new venture teams and skunkworks are all elements of the entrepreneurship approach to innovation.

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All three - idea champions, new venture teams and skunkworks - are commonly used in the entrepreneurship approach to innovation. Idea champions are individuals who champion new ideas within an organization, new venture teams are groups formed to specifically focus on developing and launching new ventures, and skunkworks are small, independent teams within a larger organization tasked with developing innovative projects.

Idea Champions,the New Venture Teams and Skunkworks Are All Elements