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An entrepreneur is a person who sets up a business or multiple businesses (serial entrepreneur). Entrepreneurship may be defined as the creation or extraction of economic value. It is generally thought to embrace risks beyond what is normally encountered in starting a business. Its motivation can include other values than simply economic ones.
[6] As an academic field, entrepreneurship accommodates different schools of thought. It has been studied within disciplines such as management, economics, sociology, and economic history. [7] [8] Some view entrepreneurship as allocated to the entrepreneur. These scholars tend to focus on what the entrepreneur does and what traits an ...
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.
An entrepreneur develops new products or ideas, typically taking on more risks than most small business owners. There are various types of entrepreneurs, including innovators, opportunists ...
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 ...
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.
Entrepreneur publishes the Entrepreneur StartUps magazine, available through subscription and on newsstands. [10] The magazine publishes a blog managed by a dedicated online staff. [11] It is also published in digital editions through its mobile apps. [12] In 1999, the website YoungEntrepreneur.com was created
The Network for Teaching Entrepreneurship (formerly National Foundation for Teaching Entrepreneurship), also referred to as NFTE (pronounced Nifty), is an international nonprofit organization providing entrepreneurship training and educational programs to middle and high school students, college students, and adults. Much of NFTE's work focuses ...