SDA Bocconi, 22nd October 2013 intrapreneurship noun the act of behaving like an entrepreneur while working within a large organization. ORIGIN 1970s (originally U.S.): from intra- [within] + a shortened form of entrepreneurship. Ale Vigilante | @alebyday Tuesday, 22 October 2013
Innovation Management | Corporate Enterprenurship | Intrapreneurship The Colt Way of delivering value from innovation.
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SDA Bocconi, 22nd October 2013
intrapreneurshipnounthe act of behaving like an entrepreneur while working within a large organization.
ORIGIN 1970s (originally U.S.): from intra- [within] + a shortened form of entrepreneurship.
Is It Real? Can We Win? Is It Worth Doing? Managing Risk and Reward in an Innovation Portfolio by George S. Day
MINOR INNOVATIONS MAKE UP 85% to 90% of companies’ development portfolios, on average, but they rarely generate the growth companies seek. At a time when companies should be taking bigger – but smart –
innovation risks, their bias is in the other direction. From 1990 to 2004 the percentage of major innovations in development portfolios dropped from 20.4 to 11.5 – even as the number of growth initiatives rose.1 The result is internal traffi c jams of safe, incremental innovations that delay all projects, stress organiza-tions, and fail to achieve revenue goals.
These small projects, which I call “little i” innovations, are necessary for continuous improvement, but they don’t give com-panies a competitive edge or contribute much to profi tability. It’s the risky “Big I” projects – new to the company or new to A
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110 Harvard Business Review | December 2007 | hbr.org