The term entrepreneurship refers to entrepreneurial activities that receive organizational sanction and resource commitments for the purpose of innovative results. The major thrust of intaprenering is to develop the entrepreneurial spirit within organizational boundaries, thus allowing an atmosphere of innovation to prosper. Some intrapreneurship definition are mention below:
Any individual employed in large organizations known as corporation who by his own choice make new products/ services, and or develops newer methods of producing the same.
According to Skinner S J & Ivancevich J M: (1) An entrepreneurial person employed by a corporation and encouraged to be innovative and creative”. (2) “a person with entrepreneurial characteristics who is employed within a large corporation.” (3) “are usually found in enterprises that encourage experimentation , tolerate failure , recognize success and share the wealth”.
Dictionary of Social Sciejpes said “an official of a corporate might qualify as entrepreneur if he excercises leadership & control and if its stockholders are inactive in the corporate management”.
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