Yes i enabled it through a GPO, for the IT team. We are Running Windows 11 Pro and Enterprise.
We heavily use the RSAT tools to manage the Active Directory environment, so we need to use Run as different user everyday.
This is built in in all windows images (not sure for home, but starting from pro) but not activated standard. to simply test, you can add following registry key.
HKEY_LOCAL_MACHINE\SOFTWARE\Policies\Microsoft\Windows\Explorer and there create: