Question
Download Solution PDFWho among the following bridges the gap between inventors and managers?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Intrapreneur
Key Points
- Intrapreneur: An employee who is entrusted with creating an innovative idea with an organization is known as intrapreneur.
- One of the main objective of intrapreneur is to strengthen the company's sustainability.
- The tools and technical assistance provided to intrapreneur by the organization, are up to them to employ as they see fit. (without any restriction).
- An insider entrepreneur serves as a link between creators/ inventors and managers.
- An intrapreneur will continue to receive payment in the form of salary, even if the product does not reach to the production level, unlike entrepreneur who takes personal risk when a product does not generate revenue.
So, we can say that an intrapreneur refers to that individual who bridges the gap between inventors and managers.
Confusion Points
- Investor refers to that individual who puts/ invest
his money into the business in order to get financial return. - An entrepreneur refers to that individual who establishes a firm with the intention of inventing particular goods/ services while being willing to take all sort of risks attached with it. Whereas investor is a person who provides capital to business for the anticipation of future gains.
- An entrepreneur is a person who establishes his business with some new ideas. Whereas an employee of the organization who is in charge of implementing product and service innovations is known to be an intrapreneur.
Last updated on Jul 7, 2025
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