Page 7 - Lesson Note 4 TYPES OF ENTREPRENEURS AND INTRAPRENEURSHIP COMPETENCIES
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Marketing/Finance or Human Resource etc as per the nature of
the enterprise.
Intrapreneurship
An inside entrepreneur, or an entrepreneur within a large firm, who
uses entrepreneurial skills without incurring the risks associated with
those activities.
Intrapreneurs are usually employees within a company who are
assigned a special idea or project, and are instructed to develop the
project like an entrepreneur would.
Intrapreneurs usually have the resources and capabilities of the firm at
their disposal.
The intrapreneur's main job is to turn that special idea or project into a
profitable venture for the company.
Also called corporate entrepreneurship. Coined in the 1980‟s by
management consultant
Why is Intrapreneurship necessary?
It is the best way to retain talented staff. Otherwise, most of them will
just quit and develop these ideas on their own. It will be a win-win
situation for both the organization and the talented employee.
