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Growth of education- science, technology & management Developed infrastructure facilities Financial assistance Training facilities Protective and

promotional policies Globalization

Think of numerous other factors?

Who can take moderate risks Who has ability to work hard Who can capitalize on opportunities Who has some financial strength Who feels the need for achievement Who has desire for responsibility Who has perception of probability of success Who gets stimulation by feedback Who possess skills in organizing Who may not have previous experience

An inside entrepreneur, or an entrepreneur within a large firm, who uses entrepreneurial skills without incurring the risks associated with those activities. Intrapreneurs are usually employees within a company who are assigned a special idea or project, and are instructed to develop the project like an entrepreneur would. Intrapreneurs usually have the resources and capabilities of the firm at their disposal. The intrapreneur's main job is to turn that special idea or project into a profitable venture for the company.

Manager Motivation Activity Risk Status Failure and Mistakes Decisions Promotion, Reward and Power Delegation & Supervision careful Concerned about status Avoids In congruence with management

Entrepreneur Independence and Opportunity Direct Involvement Risk Taker Not concerned Deals with mistakes and failures Follows dream with Decision

Intrapreneur Independence and Corporate Reward Direct Involvement Moderate Risk Taker Not Concerned Hides risky projects until ready Make others agree

Who Serves
Relationship with Others Time Orientation

Hierarchical Short Term

Self and customers

Transaction and Deal making 5-10 years survival and growth

Self ,customers and sponsors

Transaction within Hierarchy Depend upon Urgency

Change from Present Lifestyle

Research and Development at work Understanding unfilled wants and needs Disruption

Desirability Of New Venture Due to

Culture / Subculture Family Teachers/ Peers

Possibility of New Venture Due to

Government Background Marketing Financing Role models