Entrepreneurship is often difficult and tricky, as many new ventures fail. The word entrepreneur is often synonymous with founder. Most commonly, the term entrepreneur applies to someone who creates value by offering a product or service. Entrepreneurs often have strong beliefs about a market opportunity and organize their resources effectively to accomplish an outcome that changes existing interactions.nothing to worry about it
Some observers see them as being willing to accept a high level of personal, professional or financial risk to pursue opportunity[who?].
Business entrepreneurs are viewed as fundamentally important in the capitalistic society. Some distinguish business entrepreneurs as either "political entrepreneurs" or "market entrepreneurs," while social entrepreneurs' principal objectives include the creation of a social and/or environmental benefit.
Etymology
The word "entrepreneur" is a loanword from French. In French the verb "entreprendre" means "to undertake", with "entre" coming from the Latin word meaning "between", and "prendre" meaning "to take". In French a person who performs a verb, has the ending of the verb changed to "eur", comparable to the "er" ending in English. "Unternehmer" (lit. "undertaker" in the literal sense of the word) is the high German equivalent and curiously, "Unternehmungs Forschung" is the German equivalent of Operations Research although the Anglo-Saxon model of the firm is fairly anti-thetical to the notion of management as a science.
Enterprise is similar to and has roots in, the French word "entreprise", which is the past participle of "entreprendre". Entrepreneuse is simply the French feminine counterpart of "entrepreneur".
According to Miller, it is one who is able to begin, sustain, and when necessary, effectively and efficiently dissolve a business entity.
Entreprenuer also sounds close to a sanskrit word "Anthaprerna" which means self motivation. Quote this article on your site
To create link towards this article on your website,
copy and paste the text below in your page.
Preview :
Powered by QuoteThis © 2008
| < Prev |
|---|
