What term describes the entrepreneurial activities that occur within an established organization?

Intrapreneurship refers specifically to the practice of fostering entrepreneurial activities within an established organization. This concept enables employees to act as entrepreneurs while still being part of a larger corporate structure. Intrapreneurs are often tasked with developing new products, services, or processes that can drive innovation and create a competitive advantage for the organization. They leverage the resources and capabilities of the company while having the freedom to explore new ideas and take calculated risks, much like traditional entrepreneurs do with their own ventures.

This approach allows organizations to benefit from innovation without the risks associated with starting a new business. The company's existing resources and market presence can enhance the likelihood of success for intrapreneurial initiatives. By cultivating an intrapreneurial mindset, organizations can remain agile, adapt to market changes, and continuously improve their offerings.

The other terms, while related to business and entrepreneurship, do not capture this specific dynamic of entrepreneurial activity occurring within the confines of an established organization.