Meaning Entrepreneur refers to a Intrapreneur refers to an person who set up his own employee of the business with a new idea or organization who is in concept. charge of undertaking innovations in good, service, process etc. Approach Intuitive Restorative Resources Uses own resources. Use resources provided by the company. Capital Raised by him. Financed by the company. Enterprise Newly established An existing one Dependency Independent Dependent Risk Borne by the entrepreneur Taken by the company. himself. Works for Creating a leading position Change and renew the in the market. existing organizational system and culture. On the contrary, an intrapreneur operates from An entrepreneur operates within the organisation Operation from out-side. itself. Core objective To innovate something new To increase competitive of socio economic value. strength and market sustainability of the organization. Status Free and sovereign person Organizational employee doesnt bother with status. expecting freedom in work. Failure and mistakes Recognizes mistake and Keeps risky projects secret failures so as to take new unless it is prepared due to innovative efforts. high concern for failure and mistakes. Decisions Independent decisions to Collaborative decisions to execute dreams. execute dreams. Whom serves Customers and Organization and entrepreneur himself. intrapreneur himself. Family heritage Professional or small May not have or a little business family heritage. professional post. Relationship with Basic relationship based on Authority structure others interaction and negotiation. delineates the relation. Time orientation There is no time bound. Self-imposed or organizationally stipulated time limits. Focus of attention Increasing sales and Technology and market. sustaining competition. Attitude towards Strong commitment to self- Strong self-confidence and destiny initiated efforts and goals. hope for achieving goals.