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org/wiki/Entrepreneurship)
Definitions of Entrepreneurship on the Web:
• Entrepreneurship is the act of being an entrepreneur, which is a French
word meaning "one who undertakes an endeavor". Entrepreneurs
assemble resources including innovations, finance and business acumen
in an effort to transform innovations into economic goods. ...
en.wikipedia.org/wiki/Entrepreneurship
• An entrepreneur is a person who has possession of a new enterprise,
venture or idea and assumes significant accountability for the inherent
risks and the outcome. The term is originally a loanword from French and
was first defined by the Irish economist Richard Cantillon. ...
en.wikipedia.org/wiki/ENTREPRENEURSHIP
• the art or science of innovation and risk-taking for profit in business; the
quality of being an entrepreneur
en.wiktionary.org/wiki/entrepreneurship
• entrepreneur - someone who organizes a business venture and assumes
the risk for it
wordnetweb.princeton.edu/perl/webwn
• The Entrepreneur - Peter Douglas Molyneux OBE, born 5 May 1959 is an
English computer game designer and game programmer. ...
en.wikipedia.org/wiki/The_Entrepreneur
• One special form of human capital that is important in an economic setting
is entrepreneurship (often thought of as the fourth factor of production).
Entrepreneurial abilities are needed to improve what we have and to
create newgoods and services. ...
www.enotes.com/business-finance-encyclopedia/economics
• entrepreneur - a risk taker in the business world. Usually applied to a
person who sets up as a business owner using their own money or an
obligation on borrowed money.
www.tuition.com.hk/geography/e.htm
• entrepreneur - Individual or group of individuals who take on the risk of
starting a venture.
www.sbaloans.com/sba-glossary.php
• entrepreneur - A person who engages in the process of entrepreneurship.
www.mvp.cfee.org/en/glossary.html
• entrepreneur - An innovator of business enterprise who recognizes
opportunities to introduce a new product, a new process or an improved
organization, and who raises the necessary money, assembles the factors
for production and organizes an operation to exploit the opportunity.
www.powerhomebiz.com/Glossary/glossary-E.htm
• entrepreneur - someone who is willing to assume the responsibility, risk
and rewards of starting and operating a business.
www.cfdccariboo.com/glossary.htm
• entrepreneur - A person who is innovative and takes the risk of bringing
the other factors of production together in a business concern to try and
profitably satisfy the needs and wants of a particular segment of a market.
www.business2000.ie/resources/Glossary_E.html
• entrepreneur - An individual who starts his/her own business.
www.sme-fdi.gc.ca/eic/site/sme_fdi-prf_pme.nsf/eng/01068.html
• entrepreneur - A venturer that also carries primary responsibility for
operating a venture.
igniter.com/post56
• entrepreneur - French word which translates roughly as "enterpriser." In
capitalism, a speculator who invests capital in stocks, land and machinery,
as well as the exploitation of wage labor, in the pursuit of profits.
www.workers.org/marcy/perestroika/glossary.html
An entrepreneur is an individual who owns a firm, business, or venture, and is responsible
for its development. Entrepreneurship is the practice of starting a new business or reviving
an existing business, in order to capitalize on new found opportunities.
Entrepreneurship is the act of being an entrepreneur, which is a French word meaning "one
who undertakes innovations, finance and business acumen in an effort to transform
innovations into economic goods". This may result in new organizations or may be part of
revitalizing mature organizations in response to a perceived opportunity. The most obvious
form of entrepreneurship is that of starting new businesses (referred as Startup Company);
however, in recent years, the term has been extended to include social and political forms of
entrepreneurial activity. When entrepreneurship is describing activities within a firm or large
organization it is referred to as intra-preneurship and may include corporate venturing, when
large entities spin-off organizations.[1]
According to Paul Reynolds, entrepreneurship scholar and creator of the Global
Entrepreneurship Monitor, "by the time they reach their retirement years, half of all working
men in the United States probably have a period of self-employment of one or more years;
one in four may have engaged in self-employment for six or more years. Participating in a
new business creation is a common activity among U.S. workers over their course of their
careers." [2] And in recent years has been documented by scholars such as David Audretsch to
be a major driver of economic growth in both the United States and Western Europe.
Entrepreneurial activities are substantially different depending on the type of organization
that is being started. Entrepreneurship ranges in scale from solo projects (even involving the
entrepreneur only part-time) to major undertakings creating many job opportunities. Many
"high value" entrepreneurial ventures seek venture capital or angel funding (seed money) in
order to raise capital to build the business. Angel investors generally seek annualized returns
of 20-30% and more, as well as extensive involvement in the business.[3] Many kinds of
organizations now exist to support would-be entrepreneurs, including specialized government
agencies, business incubators, science parks, and some NGOs. In more recent times, the term
entrepreneurship has been extended to include elements not related necessarily to business
formation activity such as conceptualizations of entrepreneurship as a specific mindset (see
also entrepreneurial mindset) resulting in entrepreneurial initiatives e.g. in the form of social
entrepreneurship, political entrepreneurship, or knowledge entrepreneurship have emerged.
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Author: The King Khan | Posted at: 3/26/2010 11:56:00 AM | Filed Under Labels: India, Indians |
The educated women do not want to limit their lives in the four walls of the
house. They demand equal respect from their partners. However, Indian women
have to go a long way to achieve equal rights and position because traditions are
deep rooted in Indian society.
Despite all the social hurdles, many women have become successful in their
works. Recently, Forbes, one of the famous international business magazines,
has published a list of most powerful women in various fields such as, politics,
business. Indian women were also included in the list. Here are the names:
Kiran Mazumdar-Shaw—Biocon
She is the first female master brewer and the richest woman in India. Her father
was a master brewer and he encouraged her to get into this profession. Shaw
obtained her Honors degree in Zoology from Bangalore University. Then she
went to Ballarat University to study brewery. Her first job was in Carlton & United
Beverages in 1974, as a trainee brewer. She started her firm Biocon India in
1978 in her garage. When she applied for loan to the banks, she was turned
down. At that time, biotechnology was not known in India and she was a female
and her company did not have much assets. With her hard work and
determination she overcome all these obstacles and turned Biocon into the
biggest biopharmaceutical firm in India.
With her visions, she changed a small unknown cosmetics company, one of the
subsidiaries of Tata Oil Mills, into one of the leading cosmetic companies of India.
Lakme changed the face of Indian fashion and cosmetics forever. For her
success, Simone N. Tata is also known as Cosmetic Czarina of India. Simone
joined Lakme in 1961 and became Chairperson in 1982. The company is now
sold to Hindustan Liver. Simone is now heading Trent Limited another subsidiary
of the Tata Company.