Defining Entrepreneurship

From: Fred Clark (info@yesweb.org)
Date: 03/23/04


Definitions of Entrepreneurship :

Definition 1: The ability and willingness to undertake the organization and
management of production. As well as making the usual business decisions,
entrepreneurship is often associated with the functions of innovating and
bearing risks.
www.chass.utoronto.ca/~reak/eco100/glosslist.htm

Definition 2: Willingness to take the risks involved in starting and
managing a business.
www.turnerlearning.com/efts/bball/econglos.htm

Definition 3: The process of starting and managing your own business; the
skills of people who are willing to risk their time and money to run a
business.
glencoe.com/sec/busadmin/marketing/dp/entre/gloss.shtml

Definition 4: refers to the set of skills a person needs in order to
successfully start and run a small business. These skills include the
ability to identify a need in the marketplace and to take risks.
courses.confederationc.on.ca/ge012/global/Glossary/glossary.htm

Definition 5: The process of creating a business enterprise capable of
entering new or established markets by deploying resources and people in a
unique way to develop a new organization.
highered.mcgraw-hill.com/sites/0256252564/student_view0/glossary.html

Definition 6: Accepting the risk of starting and running a business.
www.mhhe.com/business/busadmin/nickels_6_ub/student/olc/glossary.mhtml

Definition 7: entrepreneurship is a process through which individuals and
groups pursue opportunity, leverage resources, and initiate change to
create value. Thus, an entrepreneur is one who creates and manages change
by pursuing opportunity, acting with passion for a purpose, living
proactively, and leveraging resources to create value.
www.sasked.gov.sk.ca/curr_content/paasurvey/entre/Content/glos1.htm

Definition 8: Decision-making input that is concerned with the application
of resources and with identifying new possibilities, new products, and new
methods of production.
lms.thomsonelearning.com/hbcp/glossary/glossary.taf

Definition 9: Effort used to coordinate the production and sale of goods
and services.
www.csubak.edu/PacificRim/pacificrimglossary.html

Definition 10:refers to the management skills, or the personal initiative
used to combine resources in productive ways. It involves taking risks.
instruction.blackhawk.tec.wi.us/ghoffarth/economicsglossary.htm

Definition 11: Involves the recognition of opportunities (needs, wants,
problems, and challenges) and the use of resources to implement innovative
ideas for new, thoughtfully planned ventures.
wwmr.org/AUSB-globalecon/glossary.htm

Definition 12: a factor of production; the productive resources supplied by
a profit-seeking decision-maker who decides what economic activities to
engage in and how they should be undertaken
www.noacsc.org/auglaize/wk/cos/socialst/glossary.htm

Definition 13: the managerial ability and risk taking that contribute to a
productive society
infoweb.newsbank.com/correlationbank/StateCorrelations/SC/social/scsocgl.htm



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