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- Dictionaryentrepreneurship/ˌɒntrəprəˈnəːʃɪp/
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"
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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.
Entrepreneurship means understanding when you have an opening in the marketplace that no other provider is meeting and having the business sense to know how to go after this new opportunity at the right time.
The entrepreneur is defined as someone who has the ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits. The best example of entrepreneurship is the starting of a new business venture.
Apr 22, 2024 · Key Takeaways. A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship,...
Feb 1, 2024 · Learn about four different types of entrepreneurship, the kind of mindset that leads to success, and some ways you can explore entrepreneurship.
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 ...
Jul 9, 2020 · An entrepreneur is someone who launches a business venture, typically in the form of a company that manufactures and sells a product or provides a service. Entrepreneurs are often viewed as innovators who identify a problem or opportunity, then develop a solution no one else has recognized.
1. The Entrepreneur – The entrepreneur theme is the idea that entrepreneurship involves individuals with unique personality characteristics and abilities (e.g., risk-taking, locus of control, autonomy, perseverance, commitment, vision, creativity).
NTU Entrepreneurship Academy (NTUpreneur) is the focal point of entrepreneurship education within the University and the region. NTUpreneur nurtures and promotes a culture of innovation and entrepreneurship endeavours through academic programmes.
May 25, 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.”.
