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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"
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.
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.
Jul 15, 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.”
Apr 22, 2024 · An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit. Entrepreneurship...
The meaning of ENTREPRENEUR is one who organizes, manages, and assumes the risks of a business or enterprise. The Characteristics of an Entrepreneur.
Jan 10, 2013 · What is entrepreneurship? You probably think that the answer is obvious, and that only an academic would bother to ask this question. As a professor, I suppose I am guilty of mincing words. But...
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.
