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1,731 solutions. Terms in this set (29) entrepreneur. an individual who undertakes the creation, organization, and ownership of an innovative business with the potential for growth. venture. a new business undertaking that involves risk. entrepreneurship.
Study with Quizlet and memorize flashcards containing terms like Entrepreneurship, Entrepreneur, The difference between an inventor and an entrepreneur and more.
classic definition of entrepreneurship. a person who destroys existing economic order by introduction new products and services, by introducing new methods of production, by creating new forms of organization, or by exploiting new raw materials. -financial resources. -support from government.
23 Νοε 2020 · This chapter provides you with an overview of entrepreneurship and of the language of entrepreneurship. The challenges associated with defining entrepreneur and entrepreneurship are explored, as is an overview of how entrepreneurship can be studied.
Chapter 1: What is Entrepreneurship. Social Science Economics. Terms in this set (29) entrepreneur. an individual who undertakes the creation, organization, and ownership of an innovative business with the potential for growth. venture a new business undertaking that involves risk. entrepreneurship
Almost 50% of the respondents rated these characteristics as not important to a definition of entrepreneurship (Gartner, 1990, p. 21, 24). The question that needs to be addressed is: “Does entrepreneurship involve entrepreneurs (individuals with unique characteristics)?” (Gartner, 1990, p. 25).
The nineteenth-century economists Jean-Baptiste Say and John Stuart Mill (1806–1873) refined and popularized Cantillion’s definition of an entrepreneur to capture the spirit of their era. Their definition of “ entrepreneur ” describes someone who creates value by effectively managing resources for better productivity, and someone who is ...
