What is Intrapreneurship? Examples of In-House Entrepreneurship

There are many types of entrepreneurs in the entrepreneurial world. One of them is intrapreneurship. So what is entrepreneurship?

Intrapreneurship, also known as intrapreneurship, is the production of ideas and projects by employees within a certain corporate organization without leaving the institution they work for voluntarily. The most important criterion for intrapreneurship, which first emerged in 1978, is that the entrepreneurs are completely independent of the company or completely belong to the company. Also, Read – What is Marketing Myopia? Definition and Examples

While corporate businesses want their employees to develop innovative and creative ideas, they also expect them to have entrepreneurial characteristics that can turn into a product or service. When it comes to intrapreneurship, brands aim to provide significant advantages by encouraging their employees. So what is intrapreneurship and how is it different from entrepreneurship? As BTM, in this article, we will discuss what is intrapreneurship and what are its examples. We wish you pleasant reading. Also, Read – Online Top Selling Products List in 2022

Intrapreneurship and Entrepreneurship Difference

Entrepreneurs aim to bring a new idea and project to life. Intrapreneurs, on the other hand, work with a focus on empowering rather than developing like entrepreneurs. Their aim is to strengthen the existing business idea and to generate more different income models. Also, Read – Learn How to Plant, Grow & Care for Artichokes: Is it profitable?

As an intrapreneur, it is possible to carry out a study on the current business idea. At this point, you need to evaluate the situation of the sector, its competitive structure, and the advantages you can gain. One of the main differences between intrapreneurs and entrepreneurs is the risks they take.

Examples of In-House Entrepreneurship

Another issue that is curious about what is intrapreneurship is the examples of intrapreneurship. We have organized two in-house entrepreneurship examples for you. Here are examples of entrepreneurship for the institution!

In-House Entrepreneurship

1. FORD Motor Company

Ford Motors, one of the leading companies in the automotive industry, is one of the institutions that has determined in-house entrepreneurship as its basic principle in the sector where competition is intensely observed. It supports this with 3,500 innovative ideas from non-research departments every year. Also, Read – What is Burnout Syndrome? How to Recover?

2. SONY Computer Entertainment

Sony Interactive Entertainment, founded as Sony Computer Entertainment, is a subsidiary of Sony. This organization operates in the field of video games and digital entertainment. Engineer Ken Kutaragi is the biggest reason for the success of the company, which has become the leader in its sector by producing PlayStation game consoles. Kutaragi designed a new console by dealing with his daughter’s game console at a time when the future of the game industry could not be predicted. Ken Kutaragi is the CEO of Sony Computer Entertainment, which was established after this development. Also, Read – Parsley Tea Benefits: Beneficial Effects Of Parsley Tea 

As GemSleek, in this article, we discussed the subject of “What is intrapreneurship and examples of intrapreneurship” in detail. For more information, you can visit our website or contact us.

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