Intrapreneurship

AAA

DEFINITION of 'Intrapreneurship'

Acting like an entrepreneur within a larger organization. The term is derived from a combination of "intra" or internal, and "entrepreneurship." Intraprenuers are usually highly self-motivated, proactive and action-oriented people who are comfortable with taking the initiative, even within the boundaries of an organization, in pursuit of an innovative product or service.

INVESTOPEDIA EXPLAINS 'Intrapreneurship'

Behavioral characteristics of intrapreneurship include initiative, an ability to "think outside the box", risk-taking and leadership - all traits that are also possessed by successful entrepreneurs. The major difference between entrepreneurs and intrapreneurs is that the fruits of success default to the organization rather than to the intrapreneur. On the other hand, the intrapreneur also has the comfort of knowing that failure will not have a personal cost - as it would for an entrepreneur - since the organization would absorb losses arising from failure.


An increasing number of U.S. companies now encourage intrapreneurship, especially in certain sectors such as technology and biotechnology.

RELATED TERMS
  1. Ideation

    The process of forming and relating ideas. Ideation means to ...
  2. Intrapreneur

    An inside entrepreneur, or an entrepreneur within a large firm, ...
  3. Venture Capital

    Money provided by investors to startup firms and small businesses ...
  4. Pre-Money Valuation

    A slang phrased that refers to the value of a company's stock ...
  5. Seed Capital

    The initial capital used to start a business. Seed capital often ...
  6. Entrepreneur

    An individual who, rather than working as an employee, runs a ...
RELATED FAQS
  1. What is the relationship between research and development and innovation?

    Although it's possible to achieve innovation without research and development and it's possible to conduct research and development ... Read Full Answer >>
  2. How does the notion of the American Dream influence the US economy?

    The notion of the American Dream influences the U.S. economy because it creates the driving force behind the free enterprise ... Read Full Answer >>
  3. How do venture capitalist investors view sustainable growth in a startup?

    Venture capitalist investors view sustainable growth in a startup as necessary when considering investing in it. Typically, ... Read Full Answer >>
  4. How can I protect my business from my spouse during a high net worth divorce?

    For high net worth individuals (HNWIs), deciding to end a marriage through divorce brings special circumstances to consider. ... Read Full Answer >>
  5. What risks does a business owner face under a business structure with unlimited liability?

    The risks that a business owner faces under a business structure with unlimited liability are literally unlimited, but they ... Read Full Answer >>
  6. How do I set up a Limited Liability Company (LLC)?

    The specific process and procedures for organizing a limited liability company (LLC) vary from state to state. However, the ... Read Full Answer >>
Related Articles
  1. Entrepreneurship

    Are You An Entrepreneur?

    Many people want to start a business, but not everyone has what it takes to succeed.
  2. Entrepreneurship

    5 Alternatives To Starting Your Own Business

    Want to start your own business but don't want the hassle of doing it by yourself? Find out how.
  3. Entrepreneurship

    The Giants Of Finance: Andrew Carnegie

    Though not as well-remembered as some of his contemporaries, Andrew Carnegie's legacy is strong and moralistic.
  4. Entrepreneurship

    Business Startup Costs: It's In The Details

    Don't overlook the details when starting up a business. It's the small expenses that have the potential to make or break a great idea.
  5. Entrepreneurship

    5 Hot Startup Industries Other Than Tech

    Though it’s the Facebooks and Instagrams that get the attention, not all successful startups are in tech.
  6. Professionals

    Top Strategies to Attract Elite Clients

    Here's how to think outside of the box when it comes to attracting a high-net-worth client base.
  7. Economics

    What are Deliverables?

    Deliverables is a project management term describing an object or function that must be provided or completed by a certain due date.
  8. Economics

    What Does Capital Intensive Mean?

    Capital intensive refers to a business or industry that requires a substantial amount of money or financial resources to engage in its specific business.
  9. Entrepreneurship

    Three Steps Elon Musk Took To Become Successful

    What steps did Elon Musk take to become the person he is today? We explore three steps that are accessible to all of us.
  10. Entrepreneurship

    Who Invented Apps For Smart Phones?

    Mobile devices have radically changed how we communicate, conduct business, consume entertainment, and manage our lives, all thanks to apps.

You May Also Like

Hot Definitions
  1. Radner Equilibrium

    A theory suggesting that if economic decision makers have unlimited computational capacity for choice among strategies, then ...
  2. Inbound Cash Flow

    Any currency that a company or individual receives through conducting a transaction with another party. Inbound cash flow ...
  3. Social Security

    A United States federal program of social insurance and benefits developed in 1935. The Social Security program's benefits ...
  4. American Dream

    The belief that anyone, regardless of where they were born or what class they were born into, can attain their own version ...
  5. Multicurrency Note Facility

    A credit facility that finances short- to medium-term Euro notes. Multicurrency note facilities are denominated in many currencies. ...
  6. National Currency

    The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of a nation is ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!