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Before we understand the meaning of entreprenuership, it is important to know who is an entrepreneur and what does he/she do
An entrepreneur is a person who undertakes and operates a new enterprise or venture and assumes some accountability for the inherent risks. A female entrepreneur is sometimes referred to as an entrepreneuse.
The newly and modern view on entrepreneurial talent is a person who takes the risks involved to undertake a business venture. In doing so, they are said to efficiently and effectively use the factors of production. That is land (natural resources), labour (human input into production using available resources) and capital (any type of equipment used in production i.e. machinery). A business that can efficiently manage this and in the long-run hopefully expand (future prospects of larger firms and businesses), will become successful.
THEREFORE ENTREPRENUERSHIP MEANS:
Entrepreneurship is the practice of starting new organizations, particularly new businesses generally in response to identified opportunities. Entrepreneurship is often a difficult undertaking, as a vast majority of new businesses fail. Entrepreneurial activities are substantially different depending on the type of organization that is being started. Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only part-time) to major undertakings creating many job opportunities
hey its nothing but self employment venture by doing small business of your interest.it may range between pin to plane.
good luck
subaravind.
an entrepreneur is someone who can and is willing to dish out cash as capital when a business is starting up. It's a demanding role and the entrepreneur must be a very responsible person.
entrepreneurship is when there's an entrepreneur in the scene...
this is based on what my teacher discussed..
Entrepreneurship is an art of planning, managing, organizing and controlling business, undertaking, assuming the risk for the sake of the profit.
starting your own business.
The Entrepreneurship is the practice of starting new businesses or developing new products or services. Entrepreneurship is a difficult task, as a majority of new businesses fail. It is always associated with risk taking, but only moderate risks that would not jepardize the success of the new venture.
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