Intrapreneurship
Intrapreneurship is the act of behaving like an entrepreneur while working within a large organization. Intrapreneurship is known as the practice of a corporate management style that integrates risk-taking and innovation approaches, as well as the reward and motivational techniques, that are more traditionally thought of as being the province of entrepreneurship. Corporate entrepreneurship is a more general term referring to entrepreneurial actions taking place within an existing organization whereas Intrapreneurship refers to individual activities and behaviors. Definition Gifford Pinchot III, Pinchot (1985) defined intrapreneurs as "dreamers who do. Those who take responsibility for creating an innovation of any kind within an organization." In 1992, ''The American Heritage Dictionary'' acknowledged the popular use of a new word, intrapreneur, to mean "A person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Entrepreneur
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entrepreneur () is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, often similar to a small business, or (per ''Business Dictionary'') as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit". The people who create these businesses are often referred to as "entrepreneurs". In the field of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Skunk Works
Skunk Works is an official pseudonym for Lockheed Martin's Advanced Development Programs (ADP), formerly called Lockheed Advanced Development Projects. It is responsible for a number of aircraft designs, highly classified research and development programs, and exotic aircraft platforms. Known locations include United States Air Force Plant 42 (Palmdale, California), United States Air Force Plant 4 (Fort Worth, Texas), and Marietta, Georgia. Skunk Works' history started with the P-38 Lightning in 1939 and the P-80 Shooting Star in 1943. Skunk Works engineers subsequently developed the U-2, SR-71 Blackbird, F-117 Nighthawk, F-22 Raptor, and F-35 Lightning II, the latter being used in the air forces of several countries. The Skunk Works name was taken from the "Skonk Oil" factory in the comic strip ''Li'l Abner''. Derived from the Lockheed use of the term, the designation "skunk works" or "skunkworks" is now widely used in business, engineering, and technical fields to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Zappos
Zappos.com is an American online shoe and clothing retailer based in Las Vegas, Nevada, United States. The company was founded in 1999 by Nick Swinmurn and launched under the domain name Shoesite.com. In July 2009, Amazon acquired Zappos in an all-stock deal worth around $1.2 billion at the time.Jacobs, AlexandraHappy Feet: Inside the online shoe utopia''The New Yorker''. September 14, 2009. Amazon purchased all of the outstanding shares and warrants from Zappos for 10 million shares of Amazon's common stock and provided $40 million in cash and restricted stock for Zappos employees. Company history Inception Zappos was founded in 1999 by Nick Swinmurn. Swinmurn launched the company with Tony Hsieh and Alfred Lin,I Am CNBC Tony Hsieh Transcript CNBC. August 15, 2007. who invested $2 million throu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tony Hsieh
Anthony Hsieh ( ; December 12, 1973November 27, 2020) was an American internet entrepreneur and venture capitalist. He retired as the CEO of the online shoe and clothing company Zappos in August 2020 after 21 years. Prior to joining Zappos, Hsieh co-founded the Internet advertising network LinkExchange, which he sold to Microsoft in 1998 for $265 million.Cf. ''Delivering Happiness'' book by Hsieh. "In 1996, I co-founded LinkExchange, which was sold to Microsoft in 1998 for $265 million." Early life and education Hsieh was born to a Taiwanese American family in Urbana, Illinois. His parents were Richard and Judy Hsieh, immigrants from Taiwan who met in graduate school at the University of Illinois. Hsieh's family moved to Lucas Valley area of Marin County, California when he was five. His mother was a social worker, and his father a chemical engineer at Chevron Corp. He had two younger brothers, Andy and Dave. Hsieh attended the Branson School. In 1995, Hsieh graduated ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Wipro
Wipro Limited () is an Indian multinational technology company based in Bengaluru. It provides information technology, consulting and business process services. It is one of India's Big Six IT services companies. Wipro's services include cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technologies, present in 167 countries. History Early years The company was incorporated on 29 December 1945 in Amalner by MH Hasham Premji as Western India Vegetable Products Limited, a manufacturer of cooking oils. In 1966, after Hasham Premji's death, his son Azim Premji took over as chairperson at age 21. The company changed its name to Wipro Products Limited in 1977, followed by Wipro Limited, a syllabic abbreviation of the original name, in 1982. Shift to IT In the 1980s, recognizing opportunities in computer hardware and software, the company established subsidiaries Wipro Infotech and Wipro Systems. In 1981, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Microsoft
Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The early 1980s and home computers, rise of personal computers through software like Windows, and the company has since expanded to Internet services, cloud computing, video gaming and other fields. Microsoft is the List of the largest software companies, largest software maker, one of the Trillion-dollar company, most valuable public U.S. companies, and one of the List of most valuable brands, most valuable brands globally. Microsoft was founded by Bill Gates and Paul Allen to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. During the 41 years from 1980 to 2021 Microsoft released 9 versions of MS-DOS with a median frequen ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Siemens
Siemens AG ( ) is a German multinational technology conglomerate. It is focused on industrial automation, building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the position of global market leader in industrial automation and industrial software. The origins of the conglomerate can be traced back to 1847 to the ''Telegraphen Bau-Anstalt von Siemens & Halske'' established in Berlin by Werner von Siemens and Johann Georg Halske. In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske, Siemens-Schuckert, and Siemens-Reiniger-Werke. Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported a global revenue of around €78 billion in 2023. The company is a component of the DAX and Euro Stoxx 50 stock market indices. As of December 2023, Siemens is the second largest German company by market ca ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Virgin Group
Virgin Group Ltd is a British multinational venture capital conglomerate founded by Richard Branson and Nik Powell in February 1970. Virgin Group's date of incorporation is listed as 1989 by Companies House, who class it as a holding company; however, Virgin's business and trading activities date back to the 1970s. The net worth of Virgin Group was estimated at £3 billion as of early 2023. History The name "Virgin" arose in 1970 when Richard Branson and Nik Powell formed a record shop, first as mail order and in 1971 with a physical store. They considered themselves virgins in business. Branson has described the "V" in the logo as an expressive tick, representing the Virgin seal of approval. The original logo from 1973 was a completely different design intended to be used for the record company that was founded by Richard Branson and Nik Powell. The logo was designed by British science-fiction artist and designer Roger Dean. According to Richard Branson in interv ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Xerox
Xerox Holdings Corporation (, ) is an American corporation that sells print and electronic document, digital document products and services in more than 160 countries. Xerox was the pioneer of the photocopier market, beginning with the introduction of the Xerox 914 in 1959, so much so that the word ''xerox'' is commonly used as a synonym for ''photocopy''. Xerox is headquartered in Norwalk, Connecticut, though it is incorporated in New York (state), New York with its largest group of employees based around Rochester, New York, the area in which the company was founded. As a large developed company, it is consistently placed in the list of Fortune 500 companies. The company purchased Affiliated Computer Services for $6.4 billion in early 2010. On December 31, 2016, Xerox separated its business process service operations, essentially those operations acquired with the purchase of Affiliated Computer Services, into a new publicly traded company, Conduent. Xerox focuses on its docu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Intel
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and Delaware General Corporation Law, incorporated in Delaware. Intel designs, manufactures, and sells computer components such as central processing units (CPUs) and related products for business and consumer markets. It is one of the world's List of largest semiconductor chip manufacturers, largest semiconductor chip manufacturers by revenue, and ranked in the Fortune 500, ''Fortune'' 500 list of the List of largest companies in the United States by revenue, largest United States corporations by revenue for nearly a decade, from 2007 to 2016 Fiscal year, fiscal years, until it was removed from the ranking in 2018. In 2020, it was reinstated and ranked 45th, being the List of Fortune 500 computer software and information companies, 7th-largest technology company in the ranking. It was one of the first companies listed on Nasdaq. Intel supplies List of I ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kelly Johnson (engineer)
Clarence Leonard "Kelly" Johnson (February 27, 1910 – December 21, 1990) was an American aeronautical engineering, aeronautical and Systems engineering, systems engineer. He is recognized for his contributions to a series of important aircraft designs, most notably the Lockheed U-2 and Lockheed SR-71 Blackbird, SR-71 Blackbird. Besides the first production aircraft to exceed mach number, Mach 3, he also produced Lockheed F-104 Starfighter, the first fighter capable of Mach 2, Lockheed P-80 Shooting Star, the United States' first operational jet fighter, as well as Lockheed P-38 Lightning, the first fighter to exceed 400 mph, and many other contributions to various aircraft. As a member and first team leader of the Lockheed Corporation, Lockheed Skunk Works, Johnson worked for more than four decades and is said to have been an "organizing genius". He played a leading role in the design of over forty aircraft, including several honored with the prestigious Collier Trophy, ac ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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War Effort
War effort is a coordinated mobilization of society's resources—both industrial and civilian—towards the support of a military force, particular during a state of war. Depending on the militarization of the culture, the relative size of the armed forces and the society supporting them, the style of government, and the famous support for the military objectives, such war effort can range from a small industry to complete command of society. Although many societies were retroactively perceived to be engaged in a war effort, the concept was not generally used until the last decade of the 18th century, when the leaders of the French Revolution called for the ''levée en masse'' and a general mobilization of society to prevent monarchist forces from reclaiming control of the French government. The concept was subsequently adapted and used by Russia, the United Kingdom, and the United States, especially during World War I and World War II. The term ''war effort'' was c ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |