ENTREPRENEURSHIP

Detailed explanation-1: -"A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as an intrapreneur (The Financial Times, 2011)."

Detailed explanation-2: -Thus an Intrapreneur is a corporate manager who starts a new initiative for the company which entails setting up a new distinct business unit. Ecopreneur is a person who’s sole motive is not just to earn profit but also do something for the environment.

Detailed explanation-3: -An entrepreneur is an individual who takes an idea or product and creates a business, a process known as entrepreneurship.

Detailed explanation-4: -An entrepreneur works in a newly established company. On the other hand, an intrapreneur is a part of an existing organisation. An entrepreneur is his own boss, so he is independent to take decisions. As opposed to intrapreneur, who works for the organisation, he cannot take independent decisions.

Detailed explanation-5: -The main difference between an entrepreneur vs. intrapreneur is that an entrepreneur starts their own company, whereas an intrapreneur works at a company that someone else founded. An entrepreneur develops a concept for a new business, which may include marketing products and services (or occasionally both).