This document defines corporate entrepreneurship and discusses its importance for companies. It is defined as innovative activities within an organization that receive resources and support. There is a need for corporate entrepreneurship due to increased competition, changing business environments, and losing talented employees. The document outlines the corporate entrepreneurship process and strategies companies can use, including developing an entrepreneurial vision, encouraging innovation, and establishing venture teams. It also discusses types of innovation, creating an innovative environment, and preparing for and learning from failures. The goal of corporate entrepreneurship is to continuously renew and rejuvenate organizations.