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   What is the role of an entrepreneur?

   • “According to Cantillon, the entrepreneur is a specialist in taking on risk, ‘insuring’ workers by buying their output for resale before consumers have indicated how much they are willing to pay for it” (Casson & Godley, 2005p. 26). The workers’ incomes are mostly stable, but the entrepreneur risks a loss if market prices fluctuate.

   1.1: Chapter 1 – Introduction to Entrepreneurship

   biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book:_Entrepreneurship_and_Innovation_Toolkit_(Swanson)/01:_Chapters/1.01:_Chapter_1__Introduction_to_Entrepreneurship

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   What are the attributes of an entrepreneur?

   • Gartner (1990) identified 90 attributes that showed up in definitions of entrepreneurs and entrepreneurship provided by entrepreneurs and other experts in the field. The following are a few of these attributes: Innovation – Does a person need to be innovative to be considered an entrepreneur?

   1.1: Chapter 1 – Introduction to Entrepreneurship

   biz.libretexts.org/Bookshelves/Business/Entrepreneurship/Book:_Entrepreneurship_and_Innovation_Toolkit_(Swanson)/01:_Chapters/1.01:_Chapter_1__Introduction_to_Entrepreneurship

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   What does it mean to be an entrepreneur?

   • At its most basic level, entrepreneurship refers to an individual or a small group of partners who strike out on an original path to create a new business. An aspiring entrepreneur actively seeks a particular business venture and it is the entrepreneur who assumes the greatest amount of risk associated with the project.

   What is entrepreneurship? | Stanford Online

   online.stanford.edu/what-is-entrepreneurship

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   What is the role of entrepreneurship in society?

   • Due to new types of business models entering the marketplace such as born global and start-ups the role of entrepreneurship in society altered. As a consequence, entrepreneurship was defined in a more holistic manner taking into account individual, corporate as well as social forms of new business activity.

   Entrepreneurship: Definitions, opportunities, challenges, and future

   onlinelibrary.wiley.com/doi/full/10.1002/joe.22217

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2. online.stanford.edu › what-is-entrepreneurshipWhat is entrepreneurship? | Stanford Online

   online.stanford.edu › what-is-entrepreneurship

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   Entrepreneurship is creating a new business based on an original idea and assuming the risk and reward. Learn about the characteristics, types, and challenges of entrepreneurs, and how to develop your entrepreneurial skills with Stanford's online program.

3. www.coursera.org › articles › what-is-entrepreneurshipWhat Is Entrepreneurship? A Guide | Coursera

   www.coursera.org › articles › what-is-entrepreneurship

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   Feb 1, 2024 · Learn about the definition, types, mindset, and importance of entrepreneurship, and how to explore it with Coursera courses and programs. Entrepreneurship is the process of starting and running a new business that involves risk-taking, innovation, and forward-thinking.

4. biz.libretexts.org › Bookshelves › Business1.1: Chapter 1 – Introduction to Entrepreneurship - Business ...

   biz.libretexts.org › Bookshelves › Business

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   Nov 23, 2020 · This chapter provides you with an overview of entrepreneurship and of the language of entrepreneurship. The challenges associated with defining entrepreneur and entrepreneurship are explored, as is an overview of how entrepreneurship can be studied.

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     Functions of an Entrepreneur | Entrepreneurship Development | Innovation and Entrepreneurship

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6. onlinelibrary.wiley.com › doi › fullEntrepreneurship: Definitions, opportunities, challenges, and ...

   onlinelibrary.wiley.com › doi › full

   Mar 27, 2023 · Entrepreneurship is a significant topic in business management research but also impacts other fields such as science, the arts, and engineering (Kirzner, 2009 ). It is a field of study that has been legitimized by the volume of articles and books on the topic (Apostolopoulos et al., 2021 ).

7. www.investopedia.com › terms › eEntrepreneur: What It Means to Be One and How to Get Started

   www.investopedia.com › terms › e

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   Apr 22, 2024 · Entrepreneurship is the process of creating a new business, bearing most of the risks and enjoying most of the rewards. Learn about the different types of entrepreneurs and entrepreneurship, the challenges they face, and the financing and tax options available to them.

8. hbr.org › 2013 › 01Entrepreneurship: A Working Definition - Harvard Business Review

   hbr.org › 2013 › 01

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   Jan 10, 2013 · As a professor, I suppose I am guilty of mincing words. But like the terms “strategy” and “business model,” the word “entrepreneurship” is elastic. For some, it refers to venture ...

9. en.wikipedia.org › wiki › EntrepreneurshipEntrepreneurship - Wikipedia

   en.wikipedia.org › wiki › Entrepreneurship

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   More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, often similar to a small business, or (per Business Dictionary) as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit ". [2] .