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

  1. entrepreneurshipnoun

    the activity of organizing, managing, and assuming the risks of a business enterprise. The individual doing the organizing is called the entrepreneur.

Wiktionary

  1. entrepreneurshipnoun

    the art or science of innovation and risk-taking for profit in business.

  2. entrepreneurshipnoun

    the quality of being an entrepreneur

Wikipedia

  1. 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

  1. 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

  1. 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

  1. 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  

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Numerology

  1. Chaldean Numerology

    The numerical value of entrepreneurship in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of entrepreneurship in Pythagorean Numerology is: 4

Examples of entrepreneurship in a Sentence

  1. Cathy McMorris Rodgers:

    For 227 years, The Energy and Commerce Committee has led on solutions to keep the promise of America, where we have lifted more people out of poverty and led the world in raising people’s standard of living, this Congress , Republicans will continue to honor the committee’s rich history to improve people’s lives and ensure America leads a new era of innovation and entrepreneurship.

  2. Oscar Auliq-Ice:

    The rise of social entrepreneurship gives hope for the future.

  3. Greek Finance Minister Yanis Varoufakis:

    Our government is eager to rationalize the pension system (for example, by limiting early retirement), proceed with partial privatization of public assets, address the non-performing loans that are clogging the economy's credit circuits, create a fully independent tax commission, and boost entrepreneurship, the differences that remain concern how we understand the relationships between the various reforms and the macro environment.

  4. Sandeep Aggarwal:

    Entrepreneurship is a real test of once conviction

  5. Loren Thompson:

    I wish them luck, entrepreneurship is not always rewarded at the Pentagon.

Popularity rank by frequency of use

entrepreneurship#10000#13402#100000

Translations for entrepreneurship

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"entrepreneurship." Definitions.net. STANDS4 LLC, 2024. Web. 18 Mar. 2024. <https://www.definitions.net/definition/entrepreneurship>.

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