Abstract

This paper presents some strategies for fostering intrapreneurship culture in organizations with a view to maximizing its potentials. The paper, therefore, explores relevant literature on intrapreneurship in order to achieve this. It deals with the concept of intrapreneurship, distinguishes between it and entrepreneurship, and then explains intrapreneurship culture. Using the innovation and organizational behavioural theories as theoretical framework, this paper delves into the challenges of implementing intrapreneurship, strategies for fostering its culture in organizations, cites some organizations that have utilized the initiative in Nigeria, and then, draws a conclusion that it is a worthwhile strategy for organizations to foster innovation and drive growth from within. It is finally recommended that, for organizations to maximize the potentials of intrapreneurship culture, management of organizations should, among others, invest in staff training and development, create an atmosphere that encourages freedom to experiment and consciously encourage collaborative work environment.