the activity of organizing, managing, and assuming the risks of a business enterprise. The individual doing the organizing is called the entrepreneur.
the art or science of innovation and risk-taking for profit in business.
the quality of being an entrepreneur
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
The organization, management, and assumption of risks of a business or enterprise, usually implying an element of change or challenge and a new opportunity.
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
The numerical value of entrepreneurship in Chaldean Numerology is: 8
The numerical value of entrepreneurship in Pythagorean Numerology is: 4
But his legacy extends far beyond our industry and far beyond the world of entrepreneurship. He inspired people; he motivated people; he challenged people—and, he kept us laughing all the way.
Social entrepreneurship is about disrupting existing markets that aren’t working, and creating new ones to improve the status quo.
If you are interested in growing Miami's reputation as an international tech/startup hub and making Miami the city of the future, Peter Thiel Founders Fund want to hear from you, let's work together to enhance innovation and catalyze entrepreneurship.
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.
Martin Luther King Sr. believed in entrepreneurship. ' Daddy King' would be disappointed at the slow economic development that we've been able to take advantage of.
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Translations for entrepreneurship
From our Multilingual Translation Dictionary
- ريادة الأعمالArabic
- espíritu empresarialSpanish
- vállalkozói szellemHungarian
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"entrepreneurship." Definitions.net. STANDS4 LLC, 2021. Web. 4 Dec. 2021. <https://www.definitions.net/definition/entrepreneurship>.