Concept Of Entrepreneurship

The word Entreprendre is derived from the French verb enterprendre, which means enterprise, and the English verb entrepreneur. Entrepreneurship is an economic activity because it creates value and wealth by ensuring the optimal use of scarce resources. It is considered a dynamic force because it can continuously carry out value creation activities in an uncertain business environment. An entrepreneur is a person who is always on the lookout for something new and takes advantage of such ideas and profitable opportunities by accepting the risks and uncertainties of entrepreneurship. A. Scumpeter defines an entrepreneur as someone who innovates, raises money, selects

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