entrepreneur

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Entrepreneur

A person starting a new company who takes on the risks associated with starting the enterprise, which may require venture capital to cover start-up costs.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Entrepreneur

The possessor or owner of a for-profit organization. The term is usually applied to small business owners, who bear the majority of the risk and reap the most benefit from a company. It can also relate to (individual) majority shareholders who are involved in the operation of his/her business. Entrepreneurs are generally accepted as integral to the success of a capitalist system.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

entrepreneur

A risk-taker who has the skills and initiative to establish a business.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

entrepreneur

a person who undertakes the risks of establishing and running a new business. Entrepreneurs are characterized by their initiative and enterprise in seeking out new business opportunities; inventing and commercializing new goods and services and methods of production. See VENTURE CAPITAL, INDUSTRIAL POLICY, INTRAPRENEURIAL GROUP, MANAGEMENT BUYOUT.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

entrepreneur

an individual who assembles and organizes FACTORS OF PRODUCTION to undertake a venture with a view to PROFIT. The individual may supply one or more of the three factors of production (NATURAL RESOURCES, LABOUR, CAPITAL) himself or may hire or buy any or all factors in the expectation of future profits. The entrepreneurial function is sometimes called a . fourth factor of production.

The entrepreneur was seen in the 19th century as an individual proprietor who supplied most or all of the factors of production but especially managerial expertise. The advent of the JOINT-STOCK COMPANY led to the division of management and the supply of capital, so that the term ‘entrepreneur’ became a more hypothetical abstract term attached to any individual or group who performs the risk-bearing and organizing functions above. The traditional THEORY OF THE FIRM suggests that entrepreneurs attempt to maximize profit, but since the 1930s there has been growing awareness that the DIVORCE OF OWNERSHIP FROM CONTROL in large joint-stock companies influences the behavioural attitudes of groups of individuals within organizations, which may lead to corporations following objectives other than PROFIT MAXIMIZATION. See BEHAVIOURAL THEORY OF THE FIRM, MANAGERIAL THEORIES OF THE FIRM, RISK AND UNCERTAINTY.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

entrepreneur

One who assumes risk in order to combine knowledge, capital, and resources to create a venture that will hopefully return a profit.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
The young entrepreneurs said that they not only got expert opinions and guidance but also learnt innovative ideas and skills from the youth they came across.
PAGE: How young entrepreneurs are contributing for the betterment of society?
Another challenge is getting nance to start up or expand, because often young entrepreneurs don't have a credit history or assets they can use for security.
My advice for budding young entrepreneurs is to find your passion, find an idea, go after it with all you have and don't listen to the people who say 'you are mad'.
Even constant learning and education is of great value to these young entrepreneurs. Praveen Goel of SRM Jewellers ( Page 12) believes that even though there are people who find pursuing higher studies at his age slightly over the top, he is very excited about the fact that he is now studying the law and planning to do an MBA as well.
THE next generation of young entrepreneurs have received pounds 115,000 towards achieving business success in the latest Morgan Foundation awards.
The exhibition has seen more than 2,500 young entrepreneurs selling their products in Dubai Mall.
The Young Entrepreneur Competition was originally launched in 2005 with 49 projects and 114 participants participating in the inaugural event.
Ernst & Young Entrepreneur Of The Year(R) is the world's most prestigious business award for entrepreneurs.
The Shell LiveWIRE Young Entrepreneur of the Year award, which is open to 16 to 30-year-olds, closes for entries on September 6.
The inaugural G20 Young Entrepreneur Summit is an opportunity to celebrate the successes of young entrepreneurs, to identify the challenges that face them, and to bring the importance of youth enterprise to the attention of the G20 leaders.

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