Before we can start exploring entrepreneurship, let’s define what an entrepreneur is. An entrepreneur can be defined as:
- A person who starts, organizes, and manages any enterprise, especially a business, usually with considerable initiative and risk. [1]
- Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.[2]
- A person who sets up a business or businesses, taking on financial risks in the hope of profit.[3]
- A person who is willing and able to convert a new idea or invention into a successful innovation.[4]
In a nutshell, we can see that entrepreneurs
- start businesses
- take financial risks, and
- are innovative
From the readings, which definition of entrepreneurship is most meaningful for you? Why?
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References
- ↑ http://www.dictionary.com/browse/entrepreneurship
- ↑ http://www.businessdictionary.com/definition/entrepreneur.html
- ↑ https://en.oxforddictionaries.com/definition/entrepreneur
- ↑ https://courses.lumenlearning.com/boundless-management/chapter/entrepreneurship
Before we can start exploring entrepreneurship, let’s define what an entrepreneur is. An entrepreneur can be defined as:
In a nutshell, we can see that entrepreneurs
Required reading
Readings are really important for your learning. They are a key part of any OERu course, so do make time to read any of the suggested articles, in a comfortable space, maybe with paper and a pen, in case you want to make notes.
Discussion
From the readings, which definition of entrepreneurship is most meaningful for you? Why?
WEnote
Post your comment(s) below and then look on the course feed page to see what others have posted.
You must be logged in to post to WEnotes.
If you prefer you can create a post on your learning journal blog. Be sure to label or tag your post IENT101.
Note: Your comment will be displayed in the course feed.
References