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Explain the term ‘intrapreneur’ - Leaving Cert Business - Question A(i) - 2010

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Explain the term ‘intrapreneur’. An intrapreneur engages in entrepreneurial activity/comes up with new ideas within the business in which s/he is employed. Intrapr... show full transcript

Worked Solution & Example Answer:Explain the term ‘intrapreneur’ - Leaving Cert Business - Question A(i) - 2010

Step 1

Explain the term ‘intrapreneur’

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An intrapreneur is an employee within a company who takes on the responsibility of developing new ideas, products, or services. They act like entrepreneurs but within an organizational framework and have access to the company's resources. Intrapreneurs are crucial for fostering innovation, promoting change, and contributing to the overall success of the business while still being part of the larger organizational structure. They thrive on the freedom to explore new projects and the support of management, which empowers them to drive initiatives forward.

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