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Definition of

venture management

General Management

collaboration encouraging entrepreneurism and innovation the collaboration of various sections within an organization to encourage an entrepreneurial spirit, increase innovation, and produce successful new products more quickly. Venture management is used within large organizations to create a small-firm, entrepreneurial atmosphere, releasing innovation and talent from promising employees. It cuts out bureaucracy and bypasses traditional management systems. The collaboration is generally between research and development, corporate planning, marketing, finance, and purchasing functions.

Definitions of ’venture management’ and meaning of ’venture management’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’venture management’ and other financial terms with our online QFINANCE Financial Dictionary.

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