Entrepreneurship and intrapreneurship are among the most important prerequisites and concepts of modern economics and free market theory. Intrapreneurship is defined here in its broadest definition, as grades of entrepreneurship within a given system or entity, such as a company, organization, sector, cluster, national or even global economy. Hereby, intrapreneuring is more than only providing some opportunity to some employees. The wider definition rather unfolds intrapreneuring into a new universal concept of economics, efficiency, and effectiveness, which helps to solve some key dilemmas including the principal-agent-problem (PAP). This study reviews intrapreneuring in the public and private sector based on major empirical research. To optimally manage intrapreneuring, a set of sound goals and incentives, contextual, structural, behavioral, and legal-contractual measures are needed, as well as fair chances and a fair bargain for all. Free markets require internal opportunity and frameworks of fair competition. On this account, sustainable intrapreneurial modules could give rise to industry5.0. Intrapreneuring is proposed to reflect all grades of entrepreneurship that are itemized into its key dimensions independence, opportunity risk, and reward. Balanced dimensions of the right level assure graded sustainable intrapreneuring (GSI) for optimal output. Due to the universality of this concept, it applies for all work systems and sectors, public or private, micro- and macroeconomically, together with other 3D-concepts of economics. Social intrapreneurship, 3BL-GSI, or shared value strategies, could solve most societal problems if financed via QE in a GSI-conform digital full-reserve economy.

Citations are extracted by the CitEc Project , subscribe to its RSS feed for this item.

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:69713. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joachim Winter). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.