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The second role is to create ventures by making an institutional and economic framework in which entrepreneurship is rewarded.
It already generates most of Viacom's cash flow and has been working with Viacom's MTV and VH1 cable networks to create ventures to increase audiences.
Its students also work from a business park where they collaborate with others or work on their own to create ventures.
Social activists may or may not create ventures or organizations to advance the changes they seek.
Thus opportunity recognition skill is inevitable for an entrepreneur who wishes to create ventures that outlive the entrepreneur.
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(In 2012, Publicis united with France Télécom-Orange and Iris Capital Management to create venture capital funds to invest in European companies).
Enron rapidly created ventures to trade everything from energy, paper, pulp and lumber to broadband and advertising.
We were more of a financial allocator, choosing to venture with operating partners in each local market and creating ventures to buy individual assets.
Several companies, including Applied Materials, Eli Lily & Company and Nestlé have bucked the trend and created venture funds in recent months.
Firms are creating venture funds specifically so that their staff can invest in promising start-ups, as a way of luring them in or keeping them on board.
Worked for Netscape, Amazon before creating venture firm Sherpalo in 2000.
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