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Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.
Entrepreneurship is difficult to analyse using the traditional tools of economics, e.g. calculus and general equilibrium models. Current textbooks have only a passing reference to the concept of entrepreneurship and the entrepreneur. [4] Equilibrium models are central to mainstream economics, and exclude entrepreneurship. [5]
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]
Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. [1] This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. [2]
The expanded Child Tax Credit included in the American Rescue Plan was a game-changer for Black small business owners and their employees. Child poverty rates for Black children dropped by 17.1% .
The concepts of small business, self-employment, entrepreneurship, and startup overlap but carry important distinctions. These four concepts are often conflated. Their key differences can be summarized as: self-employment: an organization created primarily to provide income to the founders, i.e. sole proprietor operations.
American business history is a history of business, entrepreneurship, and corporations, together with responses by consumers, critics, and government, in the United States from colonial times to the present.
American businesspeople (25 C, 1,345 P) P. ... Social entrepreneurship in the United States (1 C, 5 P) Pages in category "Entrepreneurship in the United States"