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An online monthly research publication by the Ivey Business School
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Impact
Volume 15, Number 4
April 2009
Intrapreneurship or
entrepreneurship?
Simon Parker’s
research shows that people who start new
ventures within firms may not be the usual
suspects
When
John Warnock and Charles Geschke worked at
Xerox’s Research Centre in Palo Alto,
California, they got frustrated because new
product ideas were being stalled. They decided
to leave Xerox in the early 80s to start up
their own business. Adobe, which was named after
a creek that ran by their homes, now has sales
of more than $3 billion per year.
Warnock and
Geschke are classic entrepreneurs, but if Xerox
had taken their ideas more seriously, they might
have ended up as intrapreneurs instead.
Intrapreneurship is the practice of starting a
new venture within an existing organization,
says Simon Parker, Ivey’s new Director, Driving
Growth through Entrepreneurship & Innovation
Cross-Enterprise Leadership Research Centre.
Intrapreneurship
is an important way for firms to reinvent
themselves and boost performance. A huge amount
of knowledge creation takes place within firms.
If they don’t take the best ideas and
commercialize them, they run the risk of people
leaving and doing it themselves.
In a recent study,
Parker compared the factors associated with
entrepreneurial and intrapreneurial activity. To
conduct the study he used a dataset (PSED 2)
from a survey of some 32,000 American adults, of
whom five percent were involved in the early
stages of a business start-up, either on their
own or within a firm.
Parker found that
general human capital – such as education,
experience, and social networks – is more
associated with entrepreneurship than with
intrapreneurship. This came as no surprise.
“Human capital is absolutely crucial to an
independent start-up,” says Parker, “but it’s
not as important where a start-up is internal.
If an existing firm sees an opportunity but
doesn’t have the human capital, it can find
someone else who does.”
Intrapreneurial
start-ups tend to focus more on
Business-to-Business products, he found, whereas
independent start-ups are more consumer sales
oriented. “Existing firms have an advantage in
commercializing Business-to-Business
opportunities because they have more credibility
and legitimacy with other firms,” he says. He
also found that intrapreneurs are more likely
than entrepreneurs to focus on products that are
new and unique.
Age is a
significant factor in the choice between
entrepreneurship and intrapreneurship. Parker
found that people who start their own companies
tend to be in their 30s and 40s. Those either
older or younger tend to be less willing to take
the risk of going out on their own, or feel that
they don’t have the opportunity. That makes them
ideal candidates if a firm is looking for
employees to take new ideas and run with them.
When Parker looked
at gender and race he also came up with some
interesting findings. One result that surprised
him was that intrapreneurial activity was more
likely to take place in a male-dominated
workplace. Although women were less inclined
than men to become involved in a start-up of any
kind, once they do they were no more or no less
likely to be intrapreneurs or entrepreneurs.
African Americans were more likely than white
Americans to be involved in start-ups, but no
more or less likely to be intrapreneurs or
entrepreneurs.
Although the
research data gives certain clues about the
factors that lead people to become entrepreneurs
or intrapreneurs, such as age or education,
there are many factors that still remain hidden.
Parker refers to these factors as
“unobservable,” but they still led him to a
significant finding. “People who are less likely
to get involved in start-ups for reasons that
cannot be explained by the data are
significantly more likely to get involved, if
they do get involved, in intrapreneurship rather
than entrepreneurship,” he says.
This suggests that
the workplace can mould people’s willingness to
get engaged in new ventures. “Entrepreneurship
caters to people who have natural attributes
that make start-ups attractive to them,” he
says. “Intrapreneurs seem to be those people who
would not normally get involved in a start-up
but are somehow induced to do so by virtue of
the company that they happen to be in.” Parker
intends to explore this issue further in future
research.
The key
implication for managers is that employees who
don’t look particularly entrepreneurial could
turn out to be good choices to start and run a
new intrapreneurial venture. “It’s very
difficult to develop a profile of the ideal
person to become an intrapreneur,” says Parker.
“The data is telling us that this is something
that people of all stripes get involved in.
Virtually anyone can and does do it.”
Simon Parker is
the MBA '80 Professor in Entrepreneurship
Professor
Parker's Homepage
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