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The definition of a social intrapreneur was described by two landmark reports on the subject.
Graduates that choose not to start up their own companies may find employment as an intrapreneur within a larger organization.
The difference between entrepreneur and intrapreneur are stated below:
Although it implies similar qualities than that of an entrepreneur, there are differences since the intrapreneur does not necessarily wish to leave the firm.
As of 2005, the companies under the Intrapreneur Venture Division include:
Social intrapreneurship is the action of a social intrapreneur.
The concept of Intrapreneur was popular and Industrial Computer Source fit the definition perfectly.
An entrepreneur raises the finance from various sources and also guarantees their return whereas an intrapreneur does not own responsibility to raise the capital or to return it.
A social intrapreneur is someone who works to develop and promote practical solutions to social or environmental challenges and acts as a social entrepreneur inside a major organization.
Here, the term Corporate Social Entrepreneur was first defined and differentiated from the different types of entrepreneurs: the 'regular' executive entrepreneur; the intrapreneur; the policy entrepreneur and the public or social entrepreneur.
The American Heritage Dictionary of the English Language included the term 'intrapreneur' in its 3rd 1992 Edition, and also credited Gifford Pinchot III as the originator of the concept.
For the next nine years, Kapany was an AMP Fellow, heading the Intrapreneur & Technical Expert Program and serving as Chief Technologist for Global Communications Business.
SustainAbility, with the support of IDEO, Skoll Foundation, and Allianz, wrote The Social Intrapreneur: A Field Guide for Corporate Changemakers.
In 1992, The American Heritage Dictionary acknowledged the popular use of a new word, intrapreneur, to mean "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".
An entrepreneur is an independent person who starts his venture and bears full risk of his failure and enjoys the fruit of his success whereas intrapreneur is partially independent and is sponsored by the corporation in which he is working.