1. Incremental innovation often involves open-ended experimentation which can be very time consuming. True or False

2. Companies are rarely reluctant to invest time and resources in activities with an unknown future. True pr Fa;se

3. Firms using a focused approach to corporate entrepreneurship do NOT separate corporate venturing activities from ongoing operations of the firm. True or False

4. Exit champions are often eager to gather hard data about a venture because it might kill the project. True or Flase

5. The term skunkworks is used to refer to a specialized type of outside contractor that corporations use to develop entrepreneurial ideas. True or False

6. Successful corporate entrepreneurship requires firms to reach deep within their current operations and markets in the pursuit of new opportunities. True or False