Word of the Day for Friday, July 27, 2012

intrapreneur \in-truh-pruh-NUR\, noun:

An employee of a large corporation who is given freedom and financial support to create new products, services, systems, etc., and does not have to follow the corporation's usual routines or protocols.

Furthermore, the distinction between entrepreneur and intrapreneur reflects a difference in both attitude of mind, and ability between individuals.
-- Michael Rimmington, Clare Williams and Alison Morrison, "Entrepreneurship in the Hospitality, Tourism and Leisure Industries"

What is in the interest of the individual intrapreneur may not be in the interest of the shareholder of the corporation.
-- Arnold Kling and Nick Schulz, "Invisible Wealth"

Intrapreneur was coined in the 1970s as a variation of the more common word entrepreneur. The prefix intra- means "within."

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