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ENTREPRENEURSHIPMANAGEMENTProf Bharat NadkarniSession 5
 
 
Entrepreneurship Management
Entrepreneur and Intrapreneur 
What is Intrapreneurship ?
 
It is a
 
corporate
 
entrepreneurshipIt is entrepreneurship in existing businessThey bridge a gap between a manager and an inventor.Their contribution is in taking new ideas and even workingprototype and turning them into profitable products andbusinesses.When the ideas have become solid and functioningbusinesses, intrapreneurs tend to grow bored. At this point,they often need proven managers to maintain and developbusiness while they go back to building new ventures for others to manage.
 
 
Entrepreneurship Management
 
As a corp. entrepreneurship – an organisation seeks toexpand/ grow by exploring new opportunities through newcombinations of its existing resources.It is a tool for stimulating and capitalizing on individuals inan organisation who believe that something can be donedifferently and in a better way.
An Entrepreneur operates in an open world whereas anintrapreneur operates within the organisation.For Entrepreneur, the liability is total whereas for Intrapreneur the liability is limited to his contract withhis employers.
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