Not everyone is fortunate enough to give wings to her entrepreneurial pursuits due to lack of capital and other resources. The concept of “intrapreneurship” comes to the rescue of such individuals. Intrapreneurship is basically practicing entrepreneurship within the confines of an organization. Intrapreneurship works well for various reasons—the foremost being that unlike entrepreneurial ventures, there is no substantial risk involved. Intrapreneurs are employed by an organization for a fixed remuneration and are involved with generating new ideas and converting them into profitable ventures with financial support and other help from the organization.
Difference between Entrepreneurship and Intrapreneurship
There are certain similarities and differences between entrepreneurs and intrapreneurs. Like an entrepreneur, even an intrapreneur exhibits characteristics such as independence, conviction, vision, passion to fulfil his dreams, etc. Entrepreneurs make their own decisions, whereas…
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