What does entrepreneurship mean?
Definitions for entrepreneurship
en·trepreneur·ship
This dictionary definitions page includes all the possible meanings, example usage and translations of the word entrepreneurship.
GCIDE
entrepreneurshipnoun
the activity of organizing, managing, and assuming the risks of a business enterprise. The individual doing the organizing is called the entrepreneur.
Wiktionary
entrepreneurshipnoun
the art or science of innovation and risk-taking for profit in business.
entrepreneurshipnoun
the quality of being an entrepreneur
Wikipedia
Entrepreneurship
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While definitions of entrepreneurship typically focus on the launching and running of businesses, due to the high risks involved in launching a start-up, a significant proportion of start-up businesses have to close due to "lack of funding, bad business decisions, government policies, an economic crisis, lack of market demand, or a combination of all of these."In the field of economics, the term entrepreneur is used for an entity which has the ability to translate inventions or technologies into products and services. In this sense, entrepreneurship describes activities on the part of both established firms and new businesses.
Wikidata
Entrepreneurship
Entrepreneurship is the act and art of being an entrepreneur or one who undertakes innovations or introducing new things, finance and business acumen in an effort to transform innovations into economic goods. This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses; however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as intra-preneurship and may include corporate venturing, when large entities spin-off organizations. According to Paul Reynolds, entrepreneurship scholar and creator of the Global Entrepreneurship Monitor, "by the time they reach their retirement years, half of all working men in the United States probably have a period of self-employment of one or more years; one in four may have engaged in self-employment for six or more years. Participating in a new business creation is a common activity among U.S. workers over the course of their careers." And in recent years has been documented by scholars such as David Audretsch to be a major driver of economic growth in both the United States and Western Europe. "As well, entrepreneurship may be defined as the pursuit of opportunity without regard to resources currently controlled"
U.S. National Library of Medicine
Entrepreneurship
The organization, management, and assumption of risks of a business or enterprise, usually implying an element of change or challenge and a new opportunity.
Editors Contribution
Entrepreneurship
It is the science and art of identifying viable business opportunities, mobilisation resources and run the business profitably under calculated risk conditions.
It's a science because you need to follow certain guidelines and business principles. However, it is an art because you need to go for what you love most, live it and express according to your ideologies.
Etymology: Entrepreneurship as a term immerged in the 1940s and 50s but this definition was devised and added to the existing definitions in 2020.
Submitted by adsikalumbi on November 14, 2020
Numerology
Chaldean Numerology
The numerical value of entrepreneurship in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of entrepreneurship in Pythagorean Numerology is: 4
Examples of entrepreneurship in a Sentence
Social entrepreneurship takes place when a social value proposition (a solution of some kind) provides wide-scale, lasting systems change for the benefit of society.
Social entrepreneurship is the road less traveled, but is one of the paths that can lead to the building of hybrid businesses with triple-bottom lines.
There’s this romantic element to Detroit, rooted in history of invention and entrepreneurship. The fact that it’s partially abandoned now adds an element of ‘wild wild west’ mystic, it’s hard to understand a city like this if you only read about it in the news.
We hope that we will have Senate action soon and that we can make a huge, huge solid step in unleashing entrepreneurship in America.
If you look at the size of some of the large platforms, their ability to exclude people from the platform can result in closing the business, that's sort of the most dangerous consequence of this kind of concentration is the ability to exclude rivals, put them out of business, diminish innovation, diminish entrepreneurship, diminish choices for consumers.
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Translations for entrepreneurship
From our Multilingual Translation Dictionary
- ريادة الأعمالArabic
- UnternehmertumGerman
- επιχειρηματικότηταGreek
- espíritu empresarialSpanish
- entrepreneuriatFrench
- उद्यमिताHindi
- vállalkozói szellemHungarian
- kewiraswastaanIndonesian
- entrepreneurshipItalian
- entrepreneurshipLatin
- EmpreendedorismoPortuguese
- antreprenoriatRomanian
- предпринимательствоRussian
- వ్యవస్థాపకతTelugu
- girişimcilikTurkish
- 創業Chinese
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"entrepreneurship." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/entrepreneurship>.
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