A Holistic Approach to Innovation and Fostering Intrapreneurship (original) (raw)
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The motility rate of small and medium enterprises in Nigeria at present is a major a source of concern. This is hinged on the prevailing economic recession leading to organizational stagnation and non-performance of these firms. However, the innovative activities of intrapreneurs can be effective at achieving innovative performance within an organization. This is based on the premise that intrapreneurs can identify and exploit new business opportunities within their organization or create new ventures under the auspices of their existing organization. Therefore the objective of this study is to show that the innovative activities of intrapreneurs can be effective at achieving innovative performance of SMEs in Nigeria. The article also proposed a conceptual model to illustrate the relationship between intrapreneurship and innovation performance in order to engender innovative performance of SMEs in Nigeria. The study concludes that promoting intrapreneurship in Nigerian firms will pl...
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This paper provides a review on the core concept of intrapreneurship, pinpointing the similarities and differences between entrepreneurship and intrapreneurship. Entrepreneurs are reshaping the business environment but it is not always necessary to establish an organisation in order to implement new ideas. Now-a-days intrapreneurship has become a revolutionary concept for speeding up the innovations within learning organizations by making better use of the entrepreneurial talent. In today's scenario, organizations especially the large ones, will not survive in this era of rapid change and innovation unless they acquire entrepreneurial competence. Thus, a great potential lies in applying business principles within existing organizations.