Entrepreneurship is starting a company. Intrapreneurship is transforming a business from within as an employee. Elizabeth Funk is familiar with both paths. As an early employee at Yahoo!

Intrapreneurship is the practice of fostering entrepreneurial skills and mindset within an organization's existing employees.

That's a whopping 77% fail rate. Hence the need for the "intrapreneur" — a word coined in 1978 but freshly relevant in large companies as they recast themselves as tech firms. The intrapreneur ...

That, he says, is how he became such a successful intrapreneur. “The products I helped develop were within the mission of the company, so they had no problem investing in the patents— filing them and ...