Explain intrapreneurship and provide some examples of intrapreneurship. Analyse the importance of intrapreneurship in both public and corporate organisations.

Unit Learning Outcomes

LO3 Assess the impact of SMEs (small-medium enterprises) on the economy
LO4 Explain the importance of intrapreneurship in both public and corporate organisations

Vocational Scenario, Activity and Guidance

In your role as the Enterprise Advisor for the local library, you have now completed a report that examined what it takes to be an entrepreneur and the scope of entrepreneurial ventures. You have explored the concept of the entrepreneurial mindset and its contribution to entrepreneurial ventures. The library is preparing for Global Entrepreneurship week, and they should like to showcase an assessment of the impact of SME’s (small-medium enterprises) on the economy and to provide an explanation of the importance of intrapreneurship in both public and corporate organisations.

Prepare a 15-minute presentation that will be used for a celebration event about entrepreneurship and intrapreneurship.

In your presentation, you need to cover the following:

Define SMEs (small-medium enterprises) with examples.
Assess the impact of SMEs (small-medium enterprises) on the UK economy.
Explain intrapreneurship and provide some examples of intrapreneurship.
Analyse the importance of intrapreneurship in both public and corporate organisations.
Conclude your findings with recommendation and justification.

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