Intrapreneurship

Question

Intrapreneurship

Quizplus · Accepted Answer

Intrapreneurship refers to entrepreneurial activity that takes place within an existing organisation, where employees are given the freedom to innovate and come up with new ideas. It is not effective as a rare event, but rather should be encouraged as a regular practice throughout the organisation. While it may occur in the research and development department, it is not limited to this area alone. Intrapreneurship can occur both inside and outside the organisation, as it involves employees generating new ideas and taking risks to develop and implement them. It also gives established organisations an edge over new ones, as they have the resources and infrastructure to support intrapreneurship.