Difference Between Entrepreneur and Intrapreneur

Difference Between Entrepreneur and Intrapreneur
As both entrepreneur and intrapreneur share similar qualities like conviction,

creativity, zeal and insight, the two are used interchangeably. However, the two are
different, as an entrepreneur is a person who takes a considerable amount of risk
to own and operate the business, with an aim of earning returns and rewards, from
that business. He is the most important person who envisions new opportunities,
products, techniques and business lines and coordinates all the activities to make
them real.
On the contrary, an intrapreneur is an employee of the organization who is paid

remuneration according to the success of the business unit, for which he/she is
hired or responsible.
The primary difference between an entrepreneur and intrapreneur is that the former
refers to a person who starts his own business with a new idea or concept, the latter
represents an employee who promotes innovation within the limits of the
organization. In this article excerpt, we are providing you wit some other important
points of distinction between the two.
Content: Entrepreneur Vs Intrapreneur
1. Comparison Chart
2. Definition
3. Key Differences
4. Conclusion
Comparison Chart
BASIS FOR
ENTREPRENEUR INTRAPRENEUR
COMPARISON
Meaning Entrepreneur refers to a Intrapreneur refers to an

person who set up his own employee of the organization
business with a new idea or who is in charge of undertaking
concept. innovations in product, service,
process etc.
Approach Intuitive Restorative
Resources Uses own resources. Use resources provided by the

company.
Capital Raised by him. Financed by the company.
Enterprise Newly established An existing one
Dependency Independent Dependent
Risk Borne by the entrepreneur Taken by the company.

himself.
Works for Creating a leading position Change and renew the existing
in the market. organizational system and
culture.
Definition of Entrepreneur
An entrepreneur is an individual who conceives the idea of starting a new venture,

take all types of risks, not only to put the product or service into reality but also to
make it an extremely demanding one. He is someone who:
 Initiates and innovates a new concept,

 Recognises and utilises opportunity,
 Arranges and coordinates resources such as man, material, machine and
capital,
 Take suitable actions,
 Faces risks and uncertainties,
 Establishes a startup company,
 Adds value to the product or service,
 Takes decisions to make the product or service a profitable one,
 Is responsible for the profits or losses of the company.
Entrepreneurs are always the market leader regardless of the number of

competitors because they bring a relatively new concept in the market and
introduce change.
Definition of Intrapreneur
An intrapreneur is nothing but an entrepreneur within the boundaries of the

organisation. An intrapreneur is an employee of a large organisation, who has the
authority of initiating creativity and innovation in the company’s products, services
and projects, redesigning the processes, workflows and system with the objective
of transforming them into a successful venture of the enterprise.
The intrapreneurs believe in change and do not fear failure, they discover new
ideas, looks for such opportunities that can benefit the whole organisation takes
risks, promotes innovation to improve the performance and profitability, resources
are provided by the organisation. The job of an intrapreneur is extremely
challenging; hence they are appreciated and rewarded by the organisation
accordingly.
From last few years, it has become a trend that large corporations appoint
intrapreneur within the organisation, to bring operational excellence and gain
competitive advantage.
Key Differences Between Entrepreneur and Intrapreneur
The important distinguishing points between entrepreneur and intrapreneur, are

given in the following points:
1. An entrepreneur is defined as a person who establishes a new business with

an innovative idea or concept. An employee of the organisation who
is authorised to undertake innovations in product, service, process, system,
etc. is known as Intrapreneur.
2. An entrepreneur is intuitive in nature, whereas an intrapreneur is restorative
in nature.
3. An entrepreneur uses his own resources, i.e. man, machine, money, etc.
while in the case of an intrapreneur the resources are readily available, as
they are provided to him by the company.
4. An entrepreneur raises capital himself. Conversely, an intrapreneur does not
need to raise funds himself; rather it is provided by the company.
5. An entrepreneur works in a newly established company. On the other hand,
an intrapreneur is a part of an existing organisation.
6. An entrepreneur is his own boss, so he is independent to take decisions. As
opposed to intrapreneur, who works for the organisation, he cannot take
independent decisions.
7. This is one of the salient features of an entrepreneur; he is capable of bearing
risks and uncertainties of the business. Unlike intrapreneur, in which the
company bears all the risks.
8. The entrepreneur works hard to enter the market successfully and create a
place subsequently. In contrast to Intrapreneur, who works for organization-
wide change to bring innovation, creativity and productivity.
Conclusion
Since, last few decades, it has been noticed that people give more value to
innovations, which lead to the rise in the number of startup companies year on
year. This is because the world is changing rapidly with the advancement in
technology. It has also resulted in the competition among companies. Now, if the
enterprise wants to stand in competition with other enterprises, it should bring
something new in their products. Entrepreneur and Intrapreneur play a major role
here, to enter into new business and even markets.

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Difference Between Entrepreneur and Intrapreneur

As both entrepreneur and intrapreneur share similar qualities like conviction,

On the contrary, an intrapreneur is an employee of the organization who is paid

Content: Entrepreneur Vs Intrapreneur

Meaning Entrepreneur refers to a Intrapreneur refers to an

Approach Intuitive Restorative

Resources Uses own resources. Use resources provided by the

Capital Raised by him. Financed by the company.

Enterprise Newly established An existing one

Dependency Independent Dependent

Risk Borne by the entrepreneur Taken by the company.

An entrepreneur is an individual who conceives the idea of starting a new venture,

 Initiates and innovates a new concept,

Entrepreneurs are always the market leader regardless of the number of

An intrapreneur is nothing but an entrepreneur within the boundaries of the

Key Differences Between Entrepreneur and Intrapreneur

The important distinguishing points between entrepreneur and intrapreneur, are

1. An entrepreneur is defined as a person who establishes a new business with

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