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An entrepreneur (French: [ɑ̃tʁəpʁənœʁ]) is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. [1] The process of setting up a business is known as "entrepreneurship".
Studies about entrepreneurs in economics, psychology and sociology largely relate to four major currents of thought. Early thinkers such as Max Weber emphasized its occurrence in the context of a religious belief system, thereby suggesting that some belief systems do not encourage entrepreneurship.
Entrepreneurship education can be oriented towards different ways of realizing opportunities: The most popular one is regular entrepreneurship: opening a new organization (e.g. starting a new business). [4] The vast majority of programs on university level teach entrepreneurship in a similar way to other business degrees.
Eric Ries (born September 22, 1978) is an American entrepreneur, blogger, and author of The Lean Startup, a book on the lean startup movement. He is also the author of The Startup Way , a book on modern entrepreneurial management.
Entrepreneurial finance is the study of value and resource allocation, applied to new ventures.It addresses key questions which challenge all entrepreneurs: how much money can and should be raised; when should it be raised and from whom; what is a reasonable valuation of the startup; and how should funding contracts and exit decisions be structured.
Zero to One: Notes on Startups, or How to Build the Future is a 2014 book by the American entrepreneur and investor Peter Thiel co-written with Blake Masters.It is a condensed and updated version of a highly popular set of online notes taken by Masters for the CS183 class on startups, as taught by Thiel at Stanford University in Spring 2012.
The term entrepreneur is derived from the French word entreprendre, i.e. to undertake. The French economist Jean-Baptiste Say first coined the term in 1803 and defined an entrepreneur as an individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield".
Entrepreneurial orientation (EO) is a firm-level strategic orientation which captures an organization's strategy-making practices, managerial philosophies, and firm behaviors that are entrepreneurial in nature. [1] Entrepreneurial orientation has become one of the most established and researched constructs in the entrepreneurship literature.