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- DictionaryEn·tre·pre·neur·ship/ˌäntrəprəˈnərˌSHip/
noun
- 1. the activity of setting up a business or businesses, taking on financial risks in the hope of profit: "the new business opportunities have encouraged entrepreneurship on a grand scale"
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.
Feb 5, 2024 · Entrepreneurship is the practice of launching, running, and growing a business venture. It requires a combination of innovation, skills, and clear vision to create products, services, or ideas that meet market demands and offer value to a target audience.
Apr 12, 2024 · entrepreneurship, the state of being an entrepreneur, or a person who organizes, manages, and assumes the risk of a business with the goal of generating economic value. The term is derived from the Old French verb entreprendre, “to undertake.”
Jan 10, 2013 · But like the terms “strategy” and “business model,” the word “entrepreneurship” is elastic. For some, it refers to venture capital-backed startups and their kin; for others, to any...
At its core, an entrepreneur is an individual who identifies and exploits opportunities to create new business ventures. The definition of entrepreneurship goes beyond just starting a small business. Entrepreneurs are driven by their passion for innovation and the desire to make a positive impact on society.
Nov 10, 2023 · The best definition of entrepreneurship is better described as a mindset that is opportunity obsessed, holistic in approach and leadership balanced. This new entrepreneurial definition is about innovation; about seeing problems as opportunities, and about changing the world.
Oct 27, 2023 · Entrepreneurial activity includes developing and starting a new business and implementing a business marketing plan, often with the end goal of selling the company to turn a...