Intrapreneurship – Fostering Change Within Established Enterprises
An intrapreneur is an agent of change within an enterprise who takes risk to transform an innovative idea into value. Intrapreneurs are found in institutional enterprises and are the equivalent of entrepreneurs in entrepreneurial enterprises. Intrapreneurs can be appointed by management, but often emerge from within based upon a perceived need for change.
Diseconomies of Scale
As an entrepreneur toys with that one big idea he/she will undoubtedly weigh the pros and cons in an effort to determine the feasibility of an idea. The biggest question that occurs during this fragile stage is: are the big, entrenched, experienced, and rich competitors too much of a threat to proceed? A lot of people in the business community believe that success is positively related to the size of an organization. In this growth-drunken world of executive management many entrepreneurs forget about the problems that coincide with the bureaucracies created by big business.
Kitchen Incubator Creates Revenue and Jobs
The North Carolina Department of Agriculture along with Southern Foods in Greensboro, North Carolina hosted “Food Marketing in the Real World; a workshop for food entrepreneurs in March of this year. After driving for more than an hour attempting to locate Southern Foods and listening to the different foodies share their stories, hopes and dreams a question arose concerning the many perils experienced by these free thinking foodies. How do you grow your business and move your product from home kitchen and to open market?