Entrepreneurship: Believed to do New Something

Definition of Entrepreneurship

Entrepreneur is the movement in which person takes the initiation to start up a new business, or other organization. In this process, an individual runs a business, taking all the risks of the business and also taking all rewards of business ventures or the ideas or the good services that offered for sale.

In general words, Entrepreneur is the process which dedicated to commence business from starch, including the major ideas of build up or concepts of managing the company in the long term. The man who decides this work is known as entrepreneurs, who are commonly known as a business leader and commencer of new ideas and business processes.

Entrepreneur is responsible for acquiring required resources, and he or she will be fully liable for the profit and the loss the company or an organization, it is considered that entrepreneurship is regulated within an entrepreneurship ecosystem.

Books on Entrepreneurship

Book 1:

Defining and Measuring Entrepreneurship By Jens Iversen, Rasmus Jørgensen, Nikolaj Malchow-Møller (published by Now Publishers Inc, 2008)

Book 2:

Refining the Definition of Entrepreneurship By Jack Zimmerman (published by ProQuest, 2008)

How Entrepreneurship works?

The examples of Entrepreneurship is everywhere around the world, an individual who has taken initiative as to start a new business venture is considered as the entrepreneur, there are million business enterprises in the world, here two examples of Entrepreneurship to define the idea.

• Nolan Bushnell, who is the founder of Atari and Chuck E. Cheese's, while keeping the beliefs like, the key to becoming an entrepreneur, is as simple as doing something. Entrepreneurs are those, who lead the change for the betterment.

• Here are three examples of social entrepreneurship; Dr. Ibrahim Abouleish, who is a pharmacologist, also an entrepreneur of SEKEM, was founded in 1977. SEKEM has given improved environment in biodynamic firm, has also built an educational establishment for children to emphasize creativity and analytical thought and lastly inaugurated a healthcare center for holistic medicine.

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