ENT301: Intrapreneurship in Public and Corporate Bodies Report

This report provides an overview of intrapreneurship, differentiating it from entrepreneurship while focusing on its application within public and corporate bodies. It explores the similarities and dissimilarities between intrapreneurship in these two sectors, highlighting how it drives innovation and resource utilization. The report discusses the benefits of intrapreneurship, particularly its contribution to competitive advantages within businesses. It examines how intrapreneurs leverage existing resources and frameworks to bring forth innovation and drive intrinsic value. The conclusion emphasizes the distinct roles of intrapreneurship and entrepreneurship, with intrapreneurship focusing on internal business activities and entrepreneurship on introducing new ideas. The report underscores the importance of intrapreneurs in efficiently using resources and fostering new talent within organizations, while also noting the distinct aims of public intrapreneurship (social impact) and corporate intrapreneurship (profitability). The report references several academic sources to support its analysis.

INTRAPRENEURSHIP IN PUBLIC
AND CORPORATE BODIES

TABLE OF CONTENT
• Introduction
• Intrapreneurship in public and corporate bodies.
• Similarities between public and corporate intrapreneurship.
• Dissimilarities between public and corporate intrapreneurship.
• Benefits of intrapreneurship and its contribution to competitive benefits to businesses.
• Examine the use of intrapreneurship and its benefits.
• Conclusion
• References

INTRODUCTION
• Intrapreneurship sounds similar to
entrepreneurship, but has different meaning and
value for the businesses.
• This term defines that kind of entrepreneurship
in a running organisation.
• It is simply easier for an individual than
entrepreneurship due to the assistance of the
current business.
• These term involves both barriers, together with
the facilitators.

INTRAPRENEURSHIP IN PUBLIC AND
CORPORATE BODIES
• Public intrapreneurship: Intrapreneurs
in this kind of bodies are related with the
public sector, be it domestic or national
representatives or governments of
international organisations, who support
the strength of social entrepreneurship
and social innovation to develop public
welfare through regulation, policy and
public initiatives.

CORPORATE
INTRAPRENEURSHIP
• Intrapreneurship or corporate entrepreneurship
include with range of practices within the
business which are meant to enhance its
capacity for response and innovation.
• They aims to utilise the existing and available
resources such as raw materials, technologies,
together with natural resources.
• The key intent of business entrepreneur is to
advance the individual's productivity which
leads in magnifying the economic development.

SIMILARITIES OF PUBLIC AND
CORPORATE INTRAPRENEURSHIP
• It can be said that both kind of intrapreneurship
i.e. public and social have clear vision and
mission for the operation of their business.
• Both kind of businesses have their competency
and power to inspire and promote their
workforce to work hard which helps in attaining
and realising the set benefits and goals.

DISSIMILARITIES BETWEEN PUBLIC AND
CORPORATE INTRAPRENEURSHIP
• The key purpose of public intrapreneurship is to
make social and positive changes for the
goodness of the community by resolving many
harmful problems with the support of accurate
knowledge and skills.
• They are the ones who take stand for the
society, instead of their own or personal
benefits.
• On the other hand, commercial
intrapreneurship's success or growth can be
tracked by the generation of revenue in the
business.

BENEFITS OF INTRAPRENEURSHIP AND
ITS CONTRIBUTION TO COMPETITIVE
BENEFITS TO BUSINESSES
• As the entrepreneurs set and run their own
businesses, intrapreneurs are the ones who are
responsible for the innovation and creation
within the business.
• Successful intrapreneurship highly concentrate
on the maximum usage of present resources and
frameworks for the aim of leading stands that
benefits the organisation.

EXAMINE THE USE OF
INTRAPRENEURSHIP AND ITS BENEFITS
• It has been critically examined that
intrapreneurs tend to assist within the
enterprises.
• As the entrepreneurs brings new changes or
ideas to the enterprises, intrapreneur supports in
evolving the innovation with the certain
thought.
• They drives intrinsic value and motivation
within the business.
• They do not promote risks as entrepreneur do
and snatch opportunities for them.

CONCLUSION
• This has been concluded from the above presentation is that intrapreneurship and
entrepreneurship does not have similar concept as intrapreneurship involves the activities within
the business and entrepreneurship brings new ideas to the business.
• Intrapreneurs are the ones who are responsible to make efficient use of natural resources and also
focus on bringing the new talent within the business who helps in offering new and fresh
knowledge to the business.
• On the other side, it is said that public intrapreneurship helps in delivering positive impact on the
society, while corporate intrapreneurship mainly focus on getting their aims and objectives. Earn
profit is their main priority to the business.

REFERENCES
• Singh, K.K., 2020. Social Entrepreneurship, Intrapreneurship, and Social Value Creation: Relevance for
Contemporary Social Work Practice: by Monica Nandan, Tricia B. Bent-Goodley, and Gokul
Mandayam, Washington, DC, NASW Press, 2019, 290 pp., $39.99 (paperback), ISBN: 978-0-87101-
538-9.
• Sage-Hayward, W., 2021. Intrapreneurship: A New Lens on Developing Capability in the Rising
Generation. In Family Entrepreneurship (pp. 199-212). Palgrave Macmillan, Cham.
• Ionescu, V.C. and Bolcaş, C., 2019. Entrepreneurship and intrapreneurship. Entrepreneurs and
intrapreneurs. Manager (University of Bucharest, Faculty of Business & Administration), 30(1).
• Galván Vela, E. and et.al., 2022. How does the work climate influence intrapreneurship? Evidence from
Mexico.
• Roe, S.A., 2019. Occupational therapy graduates' perceptions and experiences of intrapreneurship in
contrasting healthcare practice contexts (Doctoral dissertation, University of Nottingham).