Differentiate between an Intrapreneur and Entrepreneur.
Answers
Difference between an Intrapreneur and Entrepreneur are as follows :
Intrapreneur :
(i) Dependency :
An intrapreneur is dependent on the entrepreneur.
(ii) Raising of funds :
Funds are not raised by the intrapreneur.
(iii) Risk:
An intrapreneur does not fully bear the risk involved in the enterprise.
(iv) Operation :
An intrapreneur operates from within the organisation itself.
Entrepreneur :
(i) Dependency :
An Entrepreneur is independent in his operations.
(ii) Raising of funds :
An Entrepreneur himself raises the funds required by his business.
(iii) Risk:
An Entrepreneur bears the risk involved in the enterprise.
(iv) Operation :
An Entrepreneur operates from outside an organization.
Hope this answer will help you.
Here are some more questions from this chapter :
Innovation and creativity both are interrelated."" Explain.
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(a) ""We can appoint an employee but not an entrepreneur."" Describe difference between an employee and an entrepreneur in the light of this statement.
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Explanation:
- Difference Between Entrepreneur and Intrapreneur.
- The primary difference between an entrepreneur and intrapreneur is that the former refers to a person who starts his own business with a new idea or concept, the latter represents an employee who promotes innovation within the limits of the organization.