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Business LibreTexts

Entrepreneurship

  • Page ID
    53164
    • Wikipedia
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    Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, 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. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit."


    This page titled Entrepreneurship is shared under a CC BY-SA 4.0 license and was authored, remixed, and/or curated by Wikipedia via source content that was edited to the style and standards of the LibreTexts platform; a detailed edit history is available upon request.

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