Exploring Independent, Intrapreneurship, and Social Entrepreneurship

This essay provides a comprehensive overview of three distinct types of entrepreneurship: independent, intrapreneurship, and social entrepreneurship. It defines each type, exploring their key dimensions including environment, process, person, and outcome. The essay contrasts the operational environments, from the independent entrepreneur's autonomy to the intrapreneur's corporate backing and the social entrepreneur's focus on positive change. It examines the processes involved in each, from identifying opportunities to launching ventures. Furthermore, it highlights the differences in the individuals driving these ventures, from the risk-taking independent entrepreneur to the change-oriented social entrepreneur. The outcomes of each type are also analyzed, emphasizing their impact on profit, innovation, and social good. The essay uses real-world examples like Google and SEKEM to illustrate the practical applications and impacts of each entrepreneurship type, concluding with a comparative analysis that underscores the similarities and differences between these critical business models.

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DIFFERENT TYPES OF ENTREPRENURSHIP
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1DIFFERENT TYPES OF ENTREPRENURSHIP
Executive Summary
In this paper the three types of entrepreneurship is discussed, dependent, intrapreneurship and
social. The key dimensions of them and how they are different from each other and their
similarities is also discussed. Examples of all the three types are given for a better
understanding of the process, environment, person and outcome of the businesses.

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Introduction
Entrepreneurship can be defined as the establishing of a business or businesses, taking
the financial risks to gain more profits. It is the process of creating new business, designing it
and running it. It is usually a small business. It is seeking an investment and production
opportunity that can help in developing and managing a business to produce and arrange
inputs like labour, land, material and capital to gain outputs that can be sold.
Entrepreneurship can be characterised as an economic activity that is based on creativity and
innovation, and whose main motive is to earn profit by bearing risk. In this essay three types
of entrepreneurship, independent entrepreneurship, intrapreneurship and social
entrepreneurship is discussed. The three types of entrepreneurship will be compared and
contrasted on the basis ofenvironment, person, process and outcome.
Discussion
Definition
Independent entrepreneurship can be defined as the activities of private or
independent firms. It is one of the most prevalent types of entrepreneurship. In an
independent entrepreneurship is a business that is creative and innovative. The main motive
of independent entrepreneurship is to earn profit (Sergi, et. al, 2019). This is a process where
an individual or a group of people create an organization without the association of any
existing organisation.
Intrapreneurship can be defined as the process where an employee is given the
authority and the support to create a new product, where the employee does not have to be
concerned about the profit that will be brought by the product (Baruah & Ward, 2015). In an
intrapreneurship the person does not have to take risk if the product fails, the employee will

3DIFFERENT TYPES OF ENTREPRENURSHIP
get his salary even when the product does not sell. In an intrapreneurship there is fostering of
independence to find the best possible solution.
Social entrepreneurship is when a social organisation carries out entrepreneurial
activities like NGOs and charitable organisations. It is the approach where entrepreneurial
activities are applied to solve the social issues (Phillips, et. al, 2015). These startups take on
risks and put into effort to bring about a change that is positive.
Key Dimensions
Environment
It is the certain areas where the entrepreneurship activities take place. The
environment of the business influences the business and who the business works. The
environment of the business can be classified into six sub divisions that are Political,
Economic, Social, Technological, Legal and Cultural. These are the six factors that define
how the business will operate (Robles & Zárraga-Rodríguez, 2015). An analysis of the
environment of the business is important as it makes the business aware of the aspects that it
must consider before starting up the project. The business plan must be based on the
immediate environment of that it is working in, as it regulates the activities of the business. If
analysed correctly a business environment can lead to a positive development of the
entrepreneurship business.
Process
Process of the entrepreneurship is how the activities and procedures are used together
to establish a new business. The phases of the entrepreneurship are important as they help the
business in developing and growing. Each phase has its own importance. The different phases
of the entrepreneurship process are identification of the opportunity, having a vision, making
others aware about your vision, getting the resources that can support your vision, creating a

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venture and brining adaptability. These phases have to be followed by the organisation in
order to establish itself without any problem
Person
A person is the one who starts the entrepreneurial activities. It can either be a single
person or it people who can be a group of come together for starting of a new business. A
person who starts a new business must have the proper knowledge about the product and the
service in which the person is starting (Zahra,Wright, & Abdelgawad, 2014). He must be
passionate in the process and must be motivated to take up new projects that could help the
business. The person must be optimistic and creative and must be able to take risks for
gaining the desired outcome. These are the people that want to come up with innovative
products and services for their own profit.
Outcome
Outcome is the final product or service that is created by an organisation. The
outcome of the entrepreneurship business is why the business is set up (Robles & Zárraga-
Rodríguez, 2015). The product or the service is created by the business in order to gain profit
and income.
Independent versus Intrapreneurship versus Social
Environment
In an independent entrepreneurship the environment of the business is how the
business is created and set up. There is no influence of any organisation on the new business,
like there is in intrapreneurship. The main motive of independent entrepreneurship is to gain
profit however in a social entrepreneurship the main objective is to create a positive change.
The environment of all the three types of entrepreneurship differs from each other and thus
the workings of them also differ. As mentioned above environment affects the working of the

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business, in a social entrepreneurship this hold the truth the most, as the changes brought
about the social entrepreneurship is on the basis of the environment and how it can be
affected in a positive manner (Cadar & Badulescu, 2015). Intrapreneurship is the form which
is least affected by the environment as it is influenced by another organization and it follows
the environment of the parent organization.
Process
The process of all the three types of entrepreneurship is same in most of the
conditions, as they all start by identifying the gap where their product or service can be used.
They identify the key problem areas, design a product or service in accordance to it and
procure the resources that are important in producing the product or the service. The basic
process of all the three is same, yet in a more complex manner they can differ because of the
factors that affect their environment, which in turn affects the process.
Person
The people that run these three types of businesses are different from each other and
are in contrast. An independent entrepreneur takes risk in order to gain profit and carries out
the processes for the same reason. In the intrapreneurship business the person does not have
to take a risk when creating the product as he is supported by an organisation and the risk
involved is minimal even when the product fails (Cadar & Badulescu, 2015). In social
entrepreneurship the person has a mindset of bringing about a change by taking risks, the
main motive is not to earn profit.
Outcome
The basic outcome that the organisations provide is for the purpose of fulfilling a need
of a consumer. In an independent entrepreneurship, when the outcome or the product fails it
creates a huge impact on the business and the business might have to be shut down. In an

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intrapreneurship business the risk of the product failing is low as the risk of the business
closing is less, due to the fact that it is backed by an already existing organisation. In social
entrepreneurship the outcome is of huge relevance as it helps in bringing about a positive
change in the minds of the people.
Examples
An example of social entrepreneurship can be SEKEM, which is an Egyptian
company that encourages social and personal development. The organisation has produced
medicinal herbs; herbal, gastronomic and aesthetically pleasing products that can be serve the
need of the people. It has contributed in improving the environment by using biodynamic
farm and has built educational establishment for children. The organization is affected by the
direct environment and thus uses natural and herbal means of medicine, the person that
founded the organisation had in mind of bring about a change and the organization has
succeed in it.
Intrapreneurship example can be the play station that is created by Sony. The person
that created the first play station was a junior staff of the company, who was given the
resources of the company to work independently to produce the play station. The
environment of the business was affected by the existing organisation and its culture, the
person had to bear minimum risk even if the product failed and the process was defining a
product that could change the gaming system.
The biggest example of independent entrapreurship is Google. Google was created by
Larry page and Sergey Brin. These people were independent and used their own resources to
create the company. They understood the environment and the needs of the consumer and
worked according to that. They did not hesitate in taking risks and created an outcome that is
now used in the whole world.

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Conclusion
The discussion can be concluded by stating that the three types of entrepreursip
though are different from each other in many aspects they also have some similarities
between themselves. The independent entrepreneurship is completely independent without
the interference of an existing organisation and the risk involved in this is the maximum. In
the intrapreneurship the risk involved is the least as the funds are gained from the existing
company. In the social entrepreneurship the main motive is to create a positive change
through the entrepreneurial activities.

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References
Baruah, B., & Ward, A. (2015). Metamorphosis of intrapreneurship as an effective
organizational strategy. International Entrepreneurship and Management
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Cadar, O., & Badulescu, D. (2015). Entrepreneur, Entrepreneurship and Intrapreneurship. A
literature review.
Phillips, W., Lee, H., Ghobadian, A., O’Regan, N., & James, P. (2015). Social innovation and
social entrepreneurship: A systematic review. Group & Organization
Management, 40(3), 428-461.
Robles, L., & Zárraga-Rodríguez, M. (2015). Key competencies for
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Sergi, B. S., Popkova, E. G., Bogoviz, A. V., & Ragulina, J. V. (2019). Entrepreneurship and
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countries. Entrepreneurship and Development in the 21st Century, 3-32.
Zahra, S. A., Wright, M., & Abdelgawad, S. G. (2014). Contextualization and the
advancement of entrepreneurship research. International small business
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