Intrepreneur
Encyclopedia
An intrepreneur or intrapreneur is a person who has an entrepreneur
skill set but works within an organization, enterprise
, or venture
. This could be within an organization that seeks the dynamism of forward thinking employees or incubation
companies.
within an existing organization.
An intrapreneur is a person who focuses on innovation and creativity and who transforms a dream or an idea into a profitable venture, by operating within the organizational environment. Intrapreneurs, by definition, embody the same characteristics as the Entrepreneur
. These characteristics might include conviction, passion, and drive. If the company is supportive, the Intrapreneur succeeds. When the organization is not, the Intrapreneur usually fails or leaves to start a new company.
An Intrapreneur thinks like an entrepreneur seeking out opportunities, which benefit the corporation. It was a new way of thinking, in making companies more productive and profitable. Visionary employees who thought like entrepreneurs. IBM is one of the leading companies, which encourages INTRAPRENEUR.
A Savvy Intrapreneur takes a good idea and makes it better.
A Savvy Intrapreneur steps out of the comfort zone of corporate security, to insure s/he creates additional income which at least matches their take home pay. An Intrapreneur works overtime helping to run someone else's business, for the company's future. A Savvy Intrapreneur runs themselves like a business putting in 1 hour a day of overtime for their own financial future.
Developing a career while maintaining position at work requires staying focused as a Savvy Intrapreneur.
Pinchot defines intrapreneurship as "behaving like an entrepreneur when you're employed at a large corporation for the benefit of the corporation as a whole" and believes employment as an intrapreneur prior to trying a hand at entrepreneurship is a great way to get your foot into the entrepreneurial door.
highlighting the fact that person is within an organization as opposed to external ("entre-" is a French variant of the Latin "inter-").
, Independent contractor
, Social entrepreneurship
, Internet Entrepreneur
, Consultant
, E-Myth
Entrepreneurship education
: Master of Enterprise
, Junior Enterprise
, Young Enterprise
, Business and Enterprise College
Agorism
: Entrepreneuriat
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
skill set but works within an organization, enterprise
Organization
An organization is a social group which distributes tasks for a collective goal. The word itself is derived from the Greek word organon, itself derived from the better-known word ergon - as we know `organ` - and it means a compartment for a particular job.There are a variety of legal types of...
, or venture
Venture
Venture may refer to:* VENTURE NOTC, the Canadian Naval Officer Training Centre based in CFB Esquimalt, British ColumbiaIn automobiles:* Chevrolet Venture, a General Motors Corporation minivan.* VentureOne, a concept car by Venture Vehicles...
. This could be within an organization that seeks the dynamism of forward thinking employees or incubation
Business incubator
Business incubators are programs designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts...
companies.
Overview
Intrapreneur - The spirit of entrepreneurshipEntrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...
within an existing organization.
An intrapreneur is a person who focuses on innovation and creativity and who transforms a dream or an idea into a profitable venture, by operating within the organizational environment. Intrapreneurs, by definition, embody the same characteristics as the Entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
. These characteristics might include conviction, passion, and drive. If the company is supportive, the Intrapreneur succeeds. When the organization is not, the Intrapreneur usually fails or leaves to start a new company.
An Intrapreneur thinks like an entrepreneur seeking out opportunities, which benefit the corporation. It was a new way of thinking, in making companies more productive and profitable. Visionary employees who thought like entrepreneurs. IBM is one of the leading companies, which encourages INTRAPRENEUR.
A Savvy Intrapreneur takes a good idea and makes it better.
A Savvy Intrapreneur steps out of the comfort zone of corporate security, to insure s/he creates additional income which at least matches their take home pay. An Intrapreneur works overtime helping to run someone else's business, for the company's future. A Savvy Intrapreneur runs themselves like a business putting in 1 hour a day of overtime for their own financial future.
Developing a career while maintaining position at work requires staying focused as a Savvy Intrapreneur.
Definition and terminology
In the mid-80s, Gifford Pinchot coined the term "intrapreneur" to describe employees of large corporations hired to think and act as entrepreneurs. New grads may find that an intrapreneurship is just what they need to discover first hand all the ups and down of being an entrepreneur.Pinchot defines intrapreneurship as "behaving like an entrepreneur when you're employed at a large corporation for the benefit of the corporation as a whole" and believes employment as an intrapreneur prior to trying a hand at entrepreneurship is a great way to get your foot into the entrepreneurial door.
Etymology
The word "intrepreneur" is a play on the word EntrepreneurEntrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
highlighting the fact that person is within an organization as opposed to external ("entre-" is a French variant of the Latin "inter-").
See also
General: Business incubatorBusiness incubator
Business incubators are programs designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts...
, Independent contractor
Independent contractor
An independent contractor is a natural person, business, or corporation that provides goods or services to another entity under terms specified in a contract or within a verbal agreement. Unlike an employee, an independent contractor does not work regularly for an employer but works as and when...
, Social entrepreneurship
Social entrepreneurship
Social entrepreneurship is the work of social entrepreneurs. A social entrepreneur recognizes a social problem and uses entrepreneurial principles to organize, create and manage a venture to achieve social change . While a business entrepreneur typically measures performance in profit and return, a...
, Internet Entrepreneur
Internet entrepreneur
An Internet entrepreneur is an entrepreneur that applies innovation to create new businesses on the Internet.Internet entrepreneurs are part of the more general category of digital entrepreneurs...
, Consultant
Consultant
A consultant is a professional who provides professional or expert advice in a particular area such as management, accountancy, the environment, entertainment, technology, law , human resources, marketing, emergency management, food production, medicine, finance, life management, economics, public...
, E-Myth
E-Myth
'E-Myth' in the business vernacular refers to the Entrepreneurial Myth, and means that most businesses fail because the founders are technicians that were inspired to start a business without a true entrepreneur's outlook....
Entrepreneurship education
Entrepreneurship education
Entrepreneurship education seeks to provide students with the knowledge, skills and motivation to encourage entrepreneurial success in a variety of settings...
: Master of Enterprise
Master of Enterprise
The Master of Enterprise Degree is a masters degree originally developed and offered by the University of Manchester through the Manchester Science Enterprise Centre...
, Junior Enterprise
Junior enterprise
A junior enterprise is a local non-profit organization entirely managed by students. Related to their field of studies the students offer consulting services to the market; experiencing unique learning opportunities by doing professional project work on the one side and managing small- to medium...
, Young Enterprise
Young Enterprise
Young Enterprise is a not-for-profit business and enterprise education charity in the United Kingdom. It is made up of 12 regional organisations, each operating individually under a license agreement...
, Business and Enterprise College
Business and Enterprise College
Business and Enterprise Colleges were introduced in 2002 as part of the Specialist Schools Programme in the United Kingdom. The system enables secondary schools to specialise in certain fields...
Agorism
Agorism
Agorism is a political philosophy founded by Samuel Edward Konkin III and developed with contributions by J. Neil Schulman that holds as its ultimate goal bringing about a society in which all "relations between people are voluntary exchanges – a free market." The term comes from the Greek...
: Entrepreneuriat
- Science parkScience parkA research park, science park, or science and technology park is an area with a collection of buildings dedicated to scientific research on a business footing. There are many approximate synonyms for "science park", including research park, technology park, technopolis and biomedical park...
- BioincubatorBioincubatorA Bioincubator is a building designed for housing R&D driven companies active in Life sciences. It is mostly closely related to a neighbouring university. A Bioincubator is a Business incubator targeted towards Life Sciences helping startup companies...
- Kitchen incubatorKitchen IncubatorA kitchen incubator is a business incubator dedicated to early-stage catering, retail and wholesale food businesses. Kitchen incubators are mostly found in those countries with significant levels of food safety regulation where capital investment in commercial kitchen equipment can be prohibitive...
- Virtual business incubatorVirtual business incubatorBusiness incubators began in the 1960s and really took off in the late 1990s as support for startup companies who need advice and venture capital to get their ideas off the ground. As the dot-com bubble burst, many high-tech business incubators did so too. Now the model of a business incubator is...
General information
- Pinchot began to develop some ideas about the in-house entrepreneur, calling the concept "intrapreneurship,' a word which has since been trademarked.
- Intracorporate entrepreneurship, as Pinchot defines it, an interpreneur is simply "someone who fills the entrepreneurial role inside a large organization."
- Harper & Row published book, Intrapreneuring: Why You Don't Have To Leave the Corporation To Become an Entrepreneur.
External links
- http://findarticles.com/p/articles/mi_m1154/is_v72/ai_3116157
- http://www.elainetrain.com/old/intrepreneurs.htm
- http://www.careerintensity.com/faq.html#intre Career Intensity, work development book for entrepreneurs and workplace warriors, introducing the concept of the Intrepreneur.
- http://www.citehr.com/8247-difference-between-intrepreneur-entrepreneur.html Debate on the core differences between Intrepreneur & Entrepreneurs.
- http://www.answers.com/topic/intrepreneur