what is the defination or what are you understand with the word of entrepreneurship?

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A few days ago

Crumbling Beauty

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An Entrepreneur is:

one who undertakes an enterprise; one who owns and manages a business; a person who takes the risk of profit or loss.

Entrepreneurship:

must describe the state/practice/philosophy of being entrepreneurial.

So, basically, entrepreneurship is the practice of starting-up and owning an independent business.

Example from The Economist, Feb, 1959: “Entrepreneurship…might be common to all developing economies.”

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