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 is the road less traveled, but is one of the paths that can lead to the building of hybrid businesses with triple-bottom lines.
The future of social entrepreneurship is no longer about looking up to a select few who have some kind of rare gift for implementing innovative ideas. Every individual and organization has a role to play in mobilizing skills, talents, and life experiences to move towards a more just and equitable world where all have what they need to survive and thrive in life.
I would not bet against US innovation, entrepreneurship and business culture - The trinity that drives economic growth and recovery. Yes, we do face a major crisis, but we also do have a proven track record of recovery.
Obsessives, those who can not imagine doing anything else with their lives, always find their work more fulfilling than those who find themselves in a profession because it was expected of them or because they did not have a calling that tugged at their emotions, for people like Sir Alex Ferguson, who are obsessed by a pursuit, there is no separation between life and work … It is much easier to endure all the setbacks, reversals and frustrations of management when you deeply enjoy your work. Related : Seth Godin on the Practical Way to Pursue Your Passion( It Does Exist) Obsession is key to overcoming the inevitable setbacks and frustration that come with entrepreneurship. Passion is necessary, but it’s not enough. For example, I once interviewed Chris Gardner, Chris Gardner who Will Smith played in the movie, The Pursuit of Happyness. Chris Gardner was homeless, living with Chris Gardner young son in the bathroom of a train station while pursuing a career as a stock broker. Chris Gardner passed the exam to become a broker, launched Chris Gardner career and became a multi-millionaire. When I asked Chris Gardner for the secret to success, Chris Gardner said.
Petes Douglass Plan, which was developed with black leaders and activists, would make unprecedented investments in entrepreneurship, education, homeownership, healthand justice, pete knows it is not enough to simply replace racist policies with neutral ones; he is campaigning on the need to make intentionally anti-racist investments. Pete also knows it is not enough to simply beat Donald Trump; we need to elect someone who will pick up the pieces and bring this nation back together. The contrast will be very clear when Pete stands across from Donald Trump on the debate stage next fall.
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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. 27 Jul 2024. <https://www.definitions.net/definition/entrepreneurship>.
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