What is intrapreneurship?

Intrapreneurship refers to the practice of employees taking on entrepreneurial roles within an existing organization. This concept emphasizes innovation and risk-taking, enabling individuals to develop new products, services, or processes while leveraging the resources and capabilities of the company they work for. By fostering a culture of intrapreneurship, organizations can benefit from the entrepreneurial spirit of their employees, drive innovation, and adapt to changing market conditions without the need to start a new business from scratch.

The other options describe distinct concepts that do not align with the definition of intrapreneurship. Entrepreneurship within startups focuses on new business ventures. Risk management strategies involve assessing and mitigating risks in various contexts, while managing corporate acquisitions pertains to the processes of acquiring or merging with other businesses. None of these capture the essence of employees innovating within their organizations, which is the core of intrapreneurship.