intrapreneur

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intrapreneur

an employee of a corporation who has the freedom and financial support to create new products, services, or systems for the corporation without having to follow its protocols

Not to be confused with:

entrepreneur – one who organizes and manages an enterprise; one who owns and runs his own business; an independent contractor

in·tra·pre·neur

(ĭn′trə-prə-nûr′)

A person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk taking and innovation.

[Blend of intra- and entrepreneur.]

in′tra·pre·neur′i·al adj.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

intrapreneur

(ˌɪntrəprəˈnɜː)

(Commerce) a person who while remaining within a larger organization uses entrepreneurial skills to develop a new product or line of business as a subsidiary of the organization

[C20: from intra- + (entre)preneur]

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

in•tra•pre•neur

(ˌɪn trə prəˈnɜr, -ˈnʊər, -ˈnyʊər)

n.

an employee of a corporation allowed to exercise some independent entrepreneurial initiative.

[1975–80; intra- + (entre)preneur]

in`tra•pre•neur′i•al, adj.

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References in periodicals archive ?

The study casts new light on the hidden inhibitors of organisational innovativeness and helps understand the limited involvement of some corporate managers, which translates into low levels of corporate intrapreneurship.

From the editors

With the aim of solving identified problems, we have developed scientific and practical recommendations on promoting ideas in the real sector of the economy, improving processes of innovative production or processes of manufacturing innovative projects as well as implementing the "intrapreneurship" mechanism.

Intrapreneurship: recommendations on introducing this mechanism in large companies of Uzbekistan

We're beginning to see public intrapreneurship, such as in the local government innovation labs that are springing up all over the place.

Turning governments into innovation machines: the key is "intrapreneurship" establishing a publicsector culture that rewards disruption from within

Over the past few years, the WSIE has acted as the stage for launching several life-altering initiatives, according to Hamdan, who cites the global water innovation exchange and a corporate intrapreneurship league as examples.

Innovating a better world through diverse talent

Corporate venturing or intrapreneurship means a company founded by employees of a corporation who either have a particularly good product idea or are interested in a new technology or industry.

Entrepreneurship in Japan - a New Wave

The conference on "intrapreneurship" heard from Freeserve founder Ajaz Ahmed and Tom Riordan, chief executive of Leeds City Council, who has injected a more business-led and intrapreneurial approach within the council.

Bosses miss out on entrepreneural drive of employees

Nhuri is one of those people who has to choose between intrapreneurship and entrepreneurship: Without knowing more, I can point out that it's clear you have great confidence in your business, so sooner or later you'll have to give it a go full-time.

Go ahead, give up your day job - Go ahead, give up your day job

According to the promoters of Turn8, people who can participate in the initiative may fall in any of the following categories: creative geniuses with an idea for innovative business and technology, policy makers working to build an entrepreneurial infrastructure, wisdom dealers (mentors) sharing their business expertise with the next generation of entrepreneurs, smart sellers (service providers) supporting teams with their service and product offerings, investors/opportunity hunters seeking ROI from vetted startups, innovative businesses seeking innovation breakthroughs through competitions, sponsorships and intrapreneurship and DP World staff who wish to exercise their entrepreneurialism.

Turn8 teams have a shot at business

Next time I will discuss another form of how innovation happens in organisations: Intrapreneurship. I conclude with a quote from George Bernard Shaw: "The reasonable man adapts himself to the conditions that surround him.