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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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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 ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit. The most prominent example of entrepreneurship is the starting of new businesses.
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.
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...
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.”.
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 ...
Feb 1, 2024 · Entrepreneurship is the process of starting and running that new business. In this article, we’ll discuss different types of entrepreneurship, the mindset that helps entrepreneurs succeed, and how entrepreneurship fits into our society and economy.
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.
ENTREPRENEURSHIP definition: 1. skill in starting new businesses, especially when this involves seeing new opportunities 2…. Learn more.
: one who organizes, manages, and assumes the risks of a business or enterprise. entrepreneurship. ˌän-trə-p (r)ə-ˈnər-ˌship. -ˈn (y)u̇r- ˌäⁿn- noun. Did you know? The Characteristics of an Entrepreneur.
