I just finished reading two great books from Gifford Pinchot III, Intrepreneuring and Intrepeneuring in Action. These books discuss the need for entrepreneurship within large organizations, and why intrapreneurs are critical for an organization’s success. Pinochet coined the term “intrepreneur” to describe an “intracorporate entrepreneur”. What this role is, is an individual whom acts like an entrepreneur but within an organization.
Drucker: Innovation and Entrepreneurship
New ideas are often the combination of ideas from the past. It is extremely rare to uncover a truly new idea. We hear this over and over again, but how often do we believe it? Electric cars were developed over 100 years ago. Smartphones are the amalgamation of previous technology. With tidal waves of information surrounding us every day, it is tough to realize most products are not really new.