Related Show
Who is the founder of entrepreneurship?The word entrepreneur was first introduced by the Franco-Irish economist Richard Cantillon (1680–1734), who coined the term in his landmark work Essay on the Nature of Commerce in General.
Who defined entrepreneur as a risk bearer?The classic economists and philosophers who laid the foundation of thinking about entrepreneurship all but Schumpeter defined the entrepreneur either as a risk bearer (Cantillon, 1755; Say, 1803; Marshall, 1930), an uncertainty bearer (Knight, 1921), or as agents who are less inclined to avoid losses (Knight, 1921; ...
Who formulates that entrepreneurship is the process of creating something different with value by devoting the necessary time and effort?Entrepreneurship Theories
1985: Robert Hisrich - Creating something different with value, devoting time & effort, assuming risks (FPS); results-rewards and satisfaction (Leadership & Vision) How do you define an entrepreneur in the 21st Century?
What is entrepreneurship according to Joseph Schumpeter?According to him, an entrepreneur is an innovator who desires to earn profit through innovation. An entrepreneur is neither technical man nor a capitalist but simply an innovator. He introduces something new in the economy. He is motivated by establishing his psychological power.
|