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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.
Baumol has argued that entrepreneurship can be either productive or unproductive. [15] Unproductive entrepreneurs may pursue economic rents or crime. Societies differ significantly in how they allocate entrepreneurial activities between the two forms of entrepreneurship, depending on the 'rules of the game' such as the laws in each society.
The main difference between an internal entrepreneur (intrapreneur) and an entrepreneur is the environment, which represents the sphere in which they work. An entrepreneur's aim in general terms is to create a successful organisation, while an internal entrepreneur on the other hand has to find solutions to existing problems within the company ...
In 2019, Bezos was inducted into the Living Legends of Aviation, being awarded with the Jeff Bezos Freedom's Wings Award and the Kenn Ricci Lifetime Aviation Entrepreneur Award. [197] In February 2023, Bezos was presented with the Légion d'honneur, the highest French order of merit. Bezos had been designated a member of the Légion d'Honneur ...
Entrepreneurial leadership is (as per Roebuck's definition) "organizing a group of people to achieve a common goal using proactive entrepreneurial behavior by optimising risk, innovating to take advantage of opportunities, taking personal responsibility and managing change within a dynamic environment for the benefit of [an] organisation".
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.
Vivek Ganapathy Ramaswamy [a] (born August 9, 1985) is an American entrepreneur and politician. He founded Roivant Sciences, a pharmaceutical company, in 2014.In February 2023, Ramaswamy declared his candidacy for the Republican Party nomination in the 2024 United States presidential election.
In June 2018, Gates offered free ebooks, to all new graduates of U.S. colleges and universities, [162] and in 2021, offered free ebooks, to all college and university students around the world. [ 163 ] [ 164 ] The Bill & Melinda Gates Foundation partially funds OpenStax , which creates and provides free digital textbooks. [ 165 ]