What is an intrapreneur?

An intrapreneur is indeed defined as a manager or employee within a company who is tasked with fostering innovation and new ideas. They operate with the freedom and resources of an entrepreneur but do so within the existing structure of a larger organization. This role is critical because intrapreneurs help propel a company forward by leveraging its resources to develop new products, services, or processes that can lead to increased competitiveness and growth without the risk associated with starting a new business from scratch.

This distinction is important as intrapreneurs need to navigate the corporate environment while still being innovative, which requires a specific set of skills such as understanding the company culture, effective collaboration with different departments, and the ability to motivate and manage teams. Their enterprise-focused innovation can be a driving force behind a company's success, as they exploit opportunities for growth while remaining aligned with the organization's goals.

The other answer choices focus on different roles that may exist within or outside of a business context. Individuals who start their own businesses fall under a traditional entrepreneurial definition, executives in charge of policy have a more administrative focus, and consultants typically provide external advice rather than innovating from within the company structure.