Entrepreneurship Development

ENTREPRENEURSHIP DEVELOPMENT enterpriser Evolution of purpose of enterpriser * The book of account entrepreneur is taken from French language which originally meant to destine an organizer of musical or other entertainments. * In the proterozoic 16th century, it was applied to those who were tenanted on military expedition. * In 17th century it was lengthened to cover civil engineering science activities, such as gimmick and fortification. * Only in the set about of 18th century the word was used to refereconomic aspects. * The evolution of the concept of entrepreneur is considered over more than four centuries. Entrepreneurs perform the functions of entrepreneurship. They chance upon immature business hazard and rake advantages of it. They take risks. They easy cope with the change. Entrepreneurs are execution oriented person driven to seek new challenges and accomplishment. Definitions: An entrepreneur is a person who is scruple bearer, a risk mission agent of production. - Richard Cantillon Entrepreneurs are trailblazer s who uses the process to rive the status quo through new combination of resources and new methods of commerce.

-Joseph Schumpeter An entrepreneur is a visionary individual who takes risks by starting a new venture through assembling and coordinating miscellaneous resources for the sake of rewards. Entrepreneurs are: * A risk bearer * An innovator * An organizer Entrepreneur as a Risk Bearer Richard Cantillon, an economist was the first who introduced the termination entrepreneur and his unique risk bearing function in eco! nomies in the early 18th century. He defined entrepreneur as an agent who buys facters of production at certain legal injury and sells them at uncertain price in future. Thus theyre taken as risk bearing agent of production. Entrepreneur as an organizer Jean Baptiste Say, an aristocratic industrialist associates entrepreneurs with the functions of...If you want to tug a encompassing essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay