ENTREPRENEURSHIP

vs
INTRAPRENEURSHIP

MR. MICHAEL T. SACRAMED, MBA

[email protected]
 DESIRED LEARNING
OUTCOME/S
By the end of the topic, the student must have:
1. differentiated entrepreneurship and
intrapreneurship.
 OBJECTIVES
a. To explain the relationship of entrepreneurs and
intrapreneurs.
b. To outline the key differences for entrepreneurship and
intrapreneurship
 Do you think
intrapreneurship is the
same with
entrepreneurship?
Entrepreneurship and
Intrapreneurship are
not much different.
 Entrepreneurship
-creates and manage new business venture.
Entrepreneurs identify market opportunities and take risk to
turn ideas into profitable enterprise.
What is an intrapreneur?

Source: https://thriveglobal.com/
 Intrapreneurship
-activities carried out within an existing organization.
Intrapreneurs are employees who possess an entrepreneurial
mindset and actively contribute to the growth and
development of their organization.
 Intrapreneur is an
employee within a business.
Usually they are:
 business developer
 innovation officer
 product developer
 innovation executive
 project/product development officer
Common Qualities of Entrepreneurship
and Intrapreneurship
Creative/Innovative thinking
Leadership and teamwork
Adaptable and Flexible
Risk Management/ Problem-
solving Optimism
Visionary
Passion and Perseverance
Risk taking
Financial management
Networking and
communication
 Entrepreneurship and
Intrapreneurship drive
innovation, economic
growth and create job
opportunities.
Entrepreneurs bring new products, services, and business
models to the market, while intrapreneurs contribute to the
continuous improvement and competitiveness of existing
organizations.
 Benefits of
Entrepreneurship
and
Intrapreneurship
1. Innovation and Creativity: Entrepreneurs and intrapreneurs are driven by the desire to
solve problems and address unmet needs. They constantly seek new ideas and approaches,
leading to the development of groundbreaking products, services, and processes.

2. Economic Growth and Job Creation: Entrepreneurial ventures contribute to economic

growth by creating new job opportunities. Intrapreneurship within larger organizations can
also lead to the development of new business units, expanding the organization's reach
and creating additional employment.

3. Flexibility and Autonomy: Entrepreneurs have the ability to set their own schedules,
make independent decisions, and pursue their passions. Similarly, intrapreneurs within
organizations often enjoy greater autonomy to explore new projects and initiatives.

4. Personal Development and Fulfillment: Entrepreneurship and intrapreneurship take on

challenges, overcoming obstacles, and achieving success, entrepreneurs and intrapreneurs
gain a sense of accomplishment and satisfaction.
 Challenges of Entrepreneurship
and Intrapreneurship

• Risk and Uncertainty

• Financial Constraints

• Time Management

• Market Competition
Reasons why Intrapreneurs
had a difficulty in
implementing their ideas
(Malek & Ilbach, 2004)
• The size organizations
• Lack of Communication
• Internal Competition
• Feedback received in case of
success/mistake
• Reluctant to change
• Organizational Hierarchies
ENTREPRENEUR vs INTRAPRENEUR

Start their
own ORGANIZATION Start within an existing business

Procure their
own RESOURCES Provided by the company

Independe
nt DEPENDENCY Dependent

Assumed by
themselves RISK Taken by the company

Reap all the

benefits REWARD Company receives the reward

Complete
control AUTONOMY Work within a system

Full
OW
NE None
RS
HIP
 SIMILARITIES DIFFERENCES
•Both involve opportunity recognition and definition. •In start-up entrepreneurship, the entrepreneur takes
•Both require a unique business concept that takes the the risk in intrapreneurship and the company takes the
form of a product, process, or service. risk other than career-related risk.
•Both are driven by an individual champion who works •In start-up the individual entrepreneur owns the
with a concept and business in intrapreneurship; the
team to bring the concept to fruition. company typically owns the concept and intellectual
rights with the individual entrepreneur having little or
•Both require that the entrepreneur be able to
no equity in the venture at all.
balance vision with managerial
•In a start-up potential rewards for the individual
skill, passion with pragmatism, and proactiveness with
entrepreneur are theoretically unlimited where in
patience.
intrapreneurship an organizational structure is in place
•Both involve concepts that are most vulnerable in the to limit rewards/compensation to the
formative stage, and that require adaptation over time. entrepreneur/employee.
•Both entail a window of opportunity within which the •In a start-up venture, one strategic gaffe could mean
concept can be successfully capitalized upon. instant failure; in intrapreneurship the organization
•Both are predicated on value creation and has more flexibility for management errors.
accountability to a customer. •In a start-up the entrepreneur is subject or more
•Both entail risk and require risk management susceptible to outside influences; in intrapreneurship
strategies. the organization is more insulated from outside forces
or influence.
•Both require the entrepreneur to develop creative
strategies for leveraging resources.
•Both involve significant ambiguity.
•Both require harvesting strategies.
Should I be an
Entrepreneur or
Intrapreneur?
Can an intrapreneur become an
entrepreneur and can an
entrepreneur become an
intrapreneur?
 Entrepreneurship
and Intrapreneurship:
Setting Goals,
Accessing Resources,
Mitigating Risks, and
Approaching Failures
 Difference Between Entrepreneurship
and Intrapreneurship
ASPECT ENTREPRENEURSHIP INTRAPRENEURSHIP

Goal Setting

Access to Resources

Mitigated Risks

Approach to Failure
Conclusion/s:
 REFERENCES
Gupta, C.B. and Khanka, S.S. : Entrepreneurship and Small Business
Management. John Kao and Harars Stevenson: Entrepreneurship- What it is and
How to Teach it
https://www.yourarticlelibrary.com/entrepreneurship/
https://entrepreneurhandbook.co.uk/
https://www.businessmanagementideas.com/
https://www.thepowermba.com/
https://studiozao.com/