ENTREPRENEURSHIP

Detailed explanation-1: -1 T F According to Pinchot (1985), intrapreneurs can be defined as individuals in organiza− tions with high entrepreneurial characteristics. 2 T F Schumpeter (1934) defines entrepreneurship as activities that produce beneficial results through developing profit-oriented businesses.

Detailed explanation-2: -Pinchot (1985) explains, “The intrapreneur may be the creator or inventor but it is always the dreamer who figures out how to turn and idea into a profitable reality” (p ix).

Detailed explanation-3: -According to Pinchot (1985), intrapreneurs can be defined as individuals in organizations with high entrepreneurial characteristics.

Detailed explanation-4: -Gifford Pinchot introduced the term (entrepreneur, intrapreneur, social entrepreneurship)

Detailed explanation-5: -Some common characteristics entrepreneurs and intrapreneurs share are creativity, enthusiasm, resilience, drive, and focus. They need to have great communication skills, since they have to be able to advocate their idea to investors, business leaders, employees, and potential customers.