Internal Startups
Large or well-established companies often try to promote innovation by setting up "internal startups", new business divisions that operate at arm's length from the rest of the company. Examples include Target Corporation (which began as an internal startup of the Dayton's department store chain) and threedegrees, a product developed by an internal startup of Microsoft.
Read more about this topic: Startup Company
Famous quotes containing the word internal:
“Unlike femininity, relaxed masculinity is at bottom empty, a limp nullity. While the female body is full of internal potentiality, the male is internally barren.... Manhood at the most basic level can be validated and expressed only in action.”
—George Gilder (b. 1939)