This paper presents the results of a novel international study of intrapreneurship ( i.e., employees developing new business activities for their employer), carried out in eleven countries in the framework of the Global Entrepreneurship Monitor. At the individual level, it is found that intrapreneurs are much more likely to have intentions to start a new independent business than other employees. However, at the macro level the study finds a negative correlation between intrapreneurship and independent entrepreneurship. One explanation for these contrasting outcomes is a diverging effect of per capita income on intrapreneurship (positive effect) and early-stage entrepreneurial activity (negative effect).