Entrepreneurship Report: SME, Intrapreneurship, and Impact

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Added on  2023/06/05

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This report provides a detailed overview of Small and Medium Enterprises (SMEs) and Intrapreneurship. It begins by defining SMEs and their role in local, regional, national, and international markets. The report then delves into the core of Intrapreneurship, differentiating between public and corporate models, and highlighting their respective focuses, objectives, and contributions. It explores the impact of SMEs on various market levels and provides a comparative analysis of public and corporate intrapreneurship, including their management structures and ownership. The report concludes by summarizing the key findings and emphasizing the importance of SMEs in economic development. This report is available on Desklib, a platform offering study resources.
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ENTREPRENEURIAL VENTURES
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TABLE OF CONTENT.
Introduction
Small medium enterprise (SME)
Impact of SME in different levels of market
Differences between public and corporate Intrapreneurship
Similarities between public and corporate Intrapreneurship
Conclusion
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INTRODUCTION
Micro and small businesses are the types of businesses that are very small in
nature and generally facilitates a local market and has a limited area of operations
generally facilitating a small segment of an economy (El Madani, 2018). These
generally requires less capital and resources and probably has single ownership.
Management in these types of business is not separate and are managed by their
owners only due to their small scale of operations. This presentation will be a brief
discussion on SME and their impact on different levels of economy. Later in this
report, intrapreneurship will be discussed with differences and similarities between
public and corporate intrapreneurship.
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SMALL MEDIUM
ENTERPRISE
Small Medium Enterprises (SME) are the
organisations or firms that are very small in
nature and are setted up with the motive of
earning profit through facilitating a limited
are of operations or providing goods and
services to a local area. The target market
in SME is generally small and capital as well
as resource requirement in these firms are
less due to their small scale of operations.
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IMPACT OF SME ON
DIFFERENT LEVELS
Local Market
Regional Market
National Market
International Market
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DIFFERENCE BETWEEN
PUBLIC AND
CORPORATE
INTRAPRENEURSHIPBASIS PUBLIC CORPORATE
Focus Combination of private and
public resources
Enhance development
through development
Objective Enhance decision making
through individual efforts
Influencing way of living and
increasing the profitability
Innovation Individual utilization of
resources through innovation
Creates innovation in their
product t ensure
sustainability
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SIMILARITIES BETWEEN
PUBLIC AND CORPORATE
INTRAPRENEURSHIP
BASIS PUBLIC CORPORATE
Ownership Parent Company Parent Company
Management Employees Employees
Contribution Employees Employees
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CONCLUSION
From the above presentation it can be concluded that SME plays an
important role in the economic development and has its impact on different
levels of market as well as economy that are local, regional, national and
international. Furthermore in this presentation, intrapreneurship and
differences between public and corporate intrapreneurship was discussed
along with similarities among them
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REFERENCES
Arcuri, G. and Levratto, N., 2020. Early stage SME bankruptcy: does the local
banking market matter?. Small Business Economics, 54(2), pp.421-436.
Blanka, C., 2019. An individual-level perspective on intrapreneurship: a review
and ways forward. Review of Managerial Science, 13(5), pp.919-961.
El Madani, A., 2018. SME policy: Comparative analysis of SME
definitions. International Journal of Academic Research in Business and Social
Sciences, 8(8), pp.103-14.
Mäki, M. and Toivola, T., 2021. Global market entry for Finnish SME ecommerce
companies.
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