Difference between revisions of "Introduction to entrepreneurship/IENT101/Nature/Define"
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| − | Before we can start exploring entrepreneurship let's define what an entrepreneur is. An entrepreneur can be defined as: | + | Before we can start exploring entrepreneurship, let's define what an entrepreneur is. An entrepreneur can be defined as: |
| − | * A person who starts, organizes and manages any enterprise, especially a business, usually with considerable initiative and risk | + | * A person who starts, organizes, and manages any enterprise, especially a business, usually with considerable initiative and risk. <ref>http://www.dictionary.com/browse/entrepreneurship</ref> |
* Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.<ref>http://www.businessdictionary.com/definition/entrepreneur.html</ref> | * Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.<ref>http://www.businessdictionary.com/definition/entrepreneur.html</ref> | ||
* A person who sets up a business or businesses, taking on financial risks in the hope of profit.<ref>https://en.oxforddictionaries.com/definition/entrepreneur</ref> | * A person who sets up a business or businesses, taking on financial risks in the hope of profit.<ref>https://en.oxforddictionaries.com/definition/entrepreneur</ref> | ||
| − | * A person who is willing and able to convert a new idea or invention into a successful innovation.<ref>https:// | + | * A person who is willing and able to convert a new idea or invention into a successful innovation.<ref>https://courses.lumenlearning.com/boundless-management/chapter/entrepreneurship</ref> |
| − | In a | + | In a nutshell, we can see that entrepreneurs |
* start businesses | * start businesses | ||
* take financial risks, and | * take financial risks, and | ||
* are innovative | * are innovative | ||
| − | + | {{IDevice|theme=line|type=reading|title=Required reading|id=reading|body= | |
| + | '''Readings are really important for your learning.''' They are a key part of any OERu course, so do make time to read any of the suggested articles, in a comfortable space, maybe with paper and a pen, in case you want to make notes. | ||
| − | + | # [https://courses.lumenlearning.com/boundless-management/chapter/entrepreneurship: "Introduction to Entrpreneurship"]. Lumen Boundless Management, n.d. | |
| − | + | # [https://learn.saylor.org/mod/page/view.php?id=4882 Principles of Entrepreneurship: "What is Entrepreneurship?"] Saylor, 20 May 2015. | |
| − | + | # [https://learn.saylor.org/mod/page/view.php?id=5550 Getting Started as an Entrepreneur: "Entrepreneurship Is..."] Saylor, 2 November 2017. | |
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| − | | | + | |type=Discussion |
| + | |title=Discussion | ||
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| + | From the readings, which definition of entrepreneurship is most meaningful for you? Why? | ||
| − | + | '''WEnote''' | |
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| − | + | {{:Introduction_to_entrepreneurship/Links/IENT101/WEnote-p}} | |
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| + | '''References''' | ||
<references> | <references> | ||
Latest revision as of 02:06, 9 October 2018
Before we can start exploring entrepreneurship, let's define what an entrepreneur is. An entrepreneur can be defined as:
- A person who starts, organizes, and manages any enterprise, especially a business, usually with considerable initiative and risk. [1]
- Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.[2]
- A person who sets up a business or businesses, taking on financial risks in the hope of profit.[3]
- A person who is willing and able to convert a new idea or invention into a successful innovation.[4]
In a nutshell, we can see that entrepreneurs
- start businesses
- take financial risks, and
- are innovative
References
