defining it as “a person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk taking and innovation.”
Gifford and Elizabeth Pinchot - develop the concept of the intracorporate intrapreneur and coined the word intrapreneur
An intrapreneur is an individual who works on developing new ideas and products within the confines of the business that they already work at.
Intrapreneurs include any person within the company that applies entrepreneurial skills, vision, and forward-thinking into the role that they have in the company.
Intrapreneurship is the form of entrepreneurship practiced within existing organizations.
An intrapreneurship is a phenomenon of empowering the employees within the organization, by valuing their ideas and converting them into a profit-making model for the business. The organization would bear the associated risk and loss if the intrapreneur's project failed.