Discriminate Between Intrapreneurship and Entrepreneurship Assignment

Discriminate Between Intrapreneurship and Entrepreneurship - Assignment Example This discussion highlights that intrapreneurs act inside the organization, fighting for changing and renewing the system. They are considered to be the revolutionaries present with the systems of the company. This may even initiate some kind of conflict with the company and therefore factors such as respect must be used for channeling these conflicts and transforming them into some kind of positive aspect for the company. The resources of the company are used by the intrapreneurs for implementation of opportunities; however there are several objectives highlighting the fact why intrapreneurship is considered to be so difficult to be implemented within an existing company. From the report it is clear that both entrepreneurship and intrapreneurship involves defining and recognizing opportunities. Both of these concepts take into account unique business ideas which take the form of a product, service or process by the end. Entrepreneurship and intrapreneurship are driven by one or two i ndividuals who then work with the team of people for bringing the concept into practical life. These concepts also require the balance between vision and management skills, reactiveness with patience and passion with pragmatism. Entrepreneurship as well as intrapreneurship involves concepts that are considered vulnerable in formative stages and therefore requires adaption with time. Both these concepts are known for entailing a window of opportunity for the firm within which the entrepreneur is successfully capitalizing upon.