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entrepreneurship

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entrepreneurship

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Also known as entrepreneurship approach, entrepreneurial approach

Entrepreneurship is the creation or extraction of economic value by identifying and commercializing opportunities to deliver products or services, a process that typically requires considerable initiative and bears risk. This process may also encompass the pursuit of values that extend beyond mere economic considerations.

AI overview

Entrepreneurship is when someone identifies an opportunity to create or deliver products or services that have economic value, and then takes the initiative to make it happen—a process that involves financial risk but can lead to success. Beyond just making money, entrepreneurship can also be driven by broader goals and values that matter to the entrepreneur personally.

AI-generated from the Wikipedia summary — may contain errors.

Research

15,867 papers

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Wikidata facts

Instance of
academic discipline
Subclass of
economic activity
Show 3 more facts
Commons category
Entrepreneurship
topic's main category
Category:Entrepreneurship
has characteristic
councillor of commerce
Sources (4)

via Wikidata · CC0

~60 min read

Encyclopedic overview

47 sections
Contents
  • Perspectives on entrepreneurship
  • Elements
  • Entrepreneurial opportunities
  • History
  • Historical usage
  • 20th century
  • 21st century
  • Relationship between small business and entrepreneurship
  • Historians' assessment and ranking
  • Types of entrepreneurship
  • Cultural
  • Ethnic
  • Religious
  • Feminist
  • Institutional
  • Millennial
  • Nascent
  • Serial
  • Portfolio
  • Project-based
  • Social
  • Biosphere
  • Entrepreneurial behaviours
  • Current validated taxonomies
  • Uncertainty perception and risk-taking
  • Designing individual/opportunity nexus
  • Opportunity perception and biases
  • Styles
  • Communication
  • Links to sea piracy
  • Psychological makeup
  • Strategic entrepreneurship
  • Leadership
  • Global leadership
  • Entrepreneurship training and education
  • Resources and financing
  • Entrepreneurial resources
  • Bootstrapping
  • Contextual background
  • Common definition
  • Related methodologies
  • Additional financing
  • Effect of taxes
  • See also
  • References
  • Works cited
  • External links

Entrepreneurship is the creation or extraction of economic value by identifying and commercializing opportunities to deliver products or services, a process that typically requires considerable initiative and bears risk. This process may also encompass the pursuit of values that extend beyond mere economic considerations.

The term entrepreneur () refers to 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 also referred to as "entrepreneurship". The entrepreneur is often regarded as an innovator, a source of new ideas, goods, services, and business procedures.

Excerpted from Wikipedia’s “entrepreneurship” article, available under the CC BY-SA 4.0 licence.

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