Intrapreneurship may be a new addition to our business vocabulary, but its emergence dates back to 1974. Take a look at how the concept has developed within the last 40 years.
Still uncertain of the differences between entrepreneurship and intrapreneurship? Be sure to check out our latest infographic, Entrepreneur vs Intrapreneur for more insight.
For modern businesses, intrapreneurship can be viewed as an alternative to traditional succession planning. Here are three key components that enable intrapreneurship within businesses:
1. An innovative idea.
2. An unrelinquishing motivation and perseverance to drive the project forward.
3. The support of a parent company.
Want to learn more about intrapreneurship and find out how to channel your inner intrapreneur? Check out this page to take the first step in developing your idea.