Answers:
An Entrepreneur is:
one who undertakes an enterprise; one who owns and manages a business; a person who takes the risk of profit or loss.
Entrepreneurship:
must describe the state/practice/philosophy of being entrepreneurial.
So, basically, entrepreneurship is the practice of starting-up and owning an independent business.
Example from The Economist, Feb, 1959: "Entrepreneurship...might be common to all developing economies."
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