Key terms- Related to the entrepreneurial and intrapreneurial mind

1. Administrative domain. The ways managers make decisions.

2. Business plan. The description of the future direction of the business.

3. Corporate culture. The environment of a particular organization.

4. Entrepreneurial domain. The ways entrepreneurs make decisions.

5. Entrepreneurial process. The process through which a new venture is created by an entrepreneur.

6. Intrapreneurial culture. The environment of an entrepreneurial-oriented organization.

7. Intrapreneurship. Entrepreneurship within an existing business organization.

8. Opportunity identification. The process by which an entrepreneur comes up with the opportunity for a new venture.

9. Opportunity parameters. Barriers to new product creation and development.

10. Top management commitment- Managers in an organization strongly supporting Intrapreneurship

11. Traditional managers- Managers in a non-intrapreneurial-oriented organization.

12. Window of opportunity- The time period available for creating the new venture.