Your question: What is word entrepreneurship?

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

What does the word entrepreneur mean to you and why?

Entrepreneur: “A person who starts a business and is willing to risk loss in order to make money.” This is the Merriam-Webster definition open_in_new of the word “entrepreneur.” But it’s so much more than that, isn’t it? It’s about passion. It’s about recognizing opportunities and generating innovative, creative ideas.

Is there a word entrepreneurship?

In the English language, the word “entrepreneur” (The Oxford English Dictionary, Weiner E.S.C., Simpson J.A., 1991) was also used during the fifteenth century according to the simple definition: “a person who undertakes.” During the nineteenth century, the word “entrepreneur” is used as “one who undertakes an …

What is the best definition of entrepreneurship?

An entrepreneur is an individual who creates a new business, 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.

Who is the first entrepreneur?

3. Benjamin Franklin. In a real sense, Franklin was America’s first entrepreneur.

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Who coined the word entrepreneur class 11?

The word was coined by Richard Cantillon, an Irishman, living in France. 2. Entrepreneurship: Entrepreneurship can be described as a process of action an entrepreneur undertakes to establish his enterprise.

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