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Entrepreneurship includes the creation or extraction of economic value. [11] [12] [13] It is the act of being an entrepreneur, or the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits. [citation needed] Entrepreneurs act as managers and oversee the launch and growth of an enterprise.
Jeffry A. Timmons (1941–2008) was an American Professor of Entrepreneurship, known as a pioneer of both entrepreneurship research and education. During his career Timmons published several books and over a hundred articles and papers. He lectured on the subjects of entrepreneurship, new ventures, entrepreneurial finance and venture capital.
The Entrepreneurial State: Debunking Public vs. Private Sector Myths is a 2013 book written by Mariana Mazzucato which argues that the United States' economic success is a result of public and state-funded investments in innovation and technology, rather than a result of the small state, free market doctrine that often receives credit for the country's strong economy.
Steven John Mariotti (August 14, 1953 – October 20, 2024) was an American educator, activist, and businessman. He was the founder and president (1988–2005) of the nonprofit Network For Teaching Entrepreneurship (NFTE), and the author of books and textbooks related to entrepreneurship education.
Much of the early interest in and use of the term ‘entrepreneurial leadership’ was outside the field of entrepreneurship or management studies more generally. This includes, for example, research into the semi-piratical entrepreneurs of the late nineteenth century, and the role of not-for-profit organizations in community entrepreneurship.
Entrepreneurship education sets to provide students with the knowledge, skills and motivation to encourage entrepreneurial success in a variety of settings. Variations of entrepreneurship education are offered at all levels of schooling from primary or secondary schools through graduate university programs.
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. [1] [2] While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. [3]
The Cal Poly Center for Innovation and Entrepreneurship, established in 2010, is part of the Orfalea College of Business. The center supports student entrepreneurship through initiatives like the Hatchery, HotHouse Accelerator, and Incubator, providing resources and mentorship to help students start and grow their own businesses.