What is the term for an individual who innovates and takes risks within a large corporation?

The term that describes an individual who innovates and takes risks within a large corporation is "intrapreneur." Intrapreneurs operate in a similar manner to entrepreneurs, but they do so within the framework of an established organization. They are often tasked with developing new products, services, or processes without the typical uncertainties associated with starting their own business.

Intrapreneurs leverage the resources, capabilities, and support of the larger company while driving innovation and change. Their role is crucial for fostering a culture of creativity and dynamism within the organization, allowing the company to stay competitive and responsive to market needs.

While entrepreneurs are typically associated with new ventures and risk-taking outside of established companies, managers generally focus on overseeing operations and staff within the organization, often adhering to existing processes rather than innovating. Executives, while they may drive strategic direction and support innovation, usually hold higher decision-making roles that do not specifically focus on the hands-on process of innovation like intrapreneurs do.