Entrepreneurship
,Overview
• What is an entrepreneur?
• Characteristics of an entrepreneur
• Planning to be an entrepreneur
• Growth pressures, managing a family business, and corporate
intrapreneurship
,Entrepreneurs V. Intrapreneurs
• Entrepreneurs are people that notice
opportunities and take the initiative to mobilize
resources to make new goods and services.
• Intrapreneurs also notice opportunities and take
initiative to mobilize resources, however they
work in large companies and contribute to the
innovation of the firm.
• Intrapreneurs often become entrepreneurs.
, Intrapreneurship
• Learning organizations encourage intrapreneurship.
• Organizations want to form:
• Product Champions: people who take ownership of a product
from concept to market.
• Skunkworks: a group of intrapreneurs kept separate from the rest
of the organization.
• New Venture Division: allows a division to act as its own smaller
company.
• Rewards for Innovation: link innovation by workers to valued
rewards.
,Overview
• What is an entrepreneur?
• Characteristics of an entrepreneur
• Planning to be an entrepreneur
• Growth pressures, managing a family business, and corporate
intrapreneurship
,Entrepreneurs V. Intrapreneurs
• Entrepreneurs are people that notice
opportunities and take the initiative to mobilize
resources to make new goods and services.
• Intrapreneurs also notice opportunities and take
initiative to mobilize resources, however they
work in large companies and contribute to the
innovation of the firm.
• Intrapreneurs often become entrepreneurs.
, Intrapreneurship
• Learning organizations encourage intrapreneurship.
• Organizations want to form:
• Product Champions: people who take ownership of a product
from concept to market.
• Skunkworks: a group of intrapreneurs kept separate from the rest
of the organization.
• New Venture Division: allows a division to act as its own smaller
company.
• Rewards for Innovation: link innovation by workers to valued
rewards.
