Barriers of Intrapreneurship in Organizations: A Literature Review

Abstract

Globalization of the Indian Economy has resulted increased in competition. In order to survive in the current dynamic environment, organizations need to be innovative and come with the products that cater to the wants of the customer in order to retain or achieve its competitive advantage for long term sustainability. Firms should innovate constantly to improve their flexibility, competitiveness and reactivity. Such competitive advantage can be attained through organization innovation which is popularly known as Intrapreneurship, referred as employee initiatives in organizations to undertake something novel idea and implement it, without being asked to do so. Many Multinational Corporations have come up with the innovative products, processes or services through intrapreneurship. While a majority of research studies have focused on the support factors that promote intrapreneurship, A very few have considered barriers factors. The present study reviews the existing literature and explores the various barriers that hinder intrapreneurship. The findings of the study will have implications for the various organizations who are constantly striving to gain competitive advantage through innovation. Based on the discussion, implications for further research will be discussed.