What is the relationship between an intrapreneur and an entrepreneur?
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Answer:
The relationship between entrepreneurs and intrapreneurs is the setting in which they work. “An intrapreneur is an inside entrepreneur, or an entrepreneur within a large firm, who uses entrepreneurial skills without incurring the risks associated with those activities...
an entrepreneur is “a person who organizes and manages a business undertaking, assuming the risk for the sake of the profit.” However, there is much more to entrepreneurship than this simple definition. Author and successful entrepreneur Michael Gerber once wrote, “The entrepreneur is our visionary, the creator in each of us. We're born with that quality and it defines our lives as we respond to what we see, hear, feel, and experience. It is developed, nurtured, and given space to flourish or is squelched, thwarted, without air or stimulation, and dies.”
An intrapreneur is someone who is an employee of a firm, but does all these things under the umbrella of the firm. The person would undertake everything on their own initiative, ideas, and concepts. They would have the benefit of the firm's bankroll, but the disadvantage of not owning the finished product and having to share the profits.