entrepreneurial ideas!

entrepreneurial ideas

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1) "Entrepreneurial" -- As to entrepreneurial ideas en·tre·pre·neur Pronunciation: "änn-tr&-p(r)&-'n&r, -'n(y)ur Function: noun Etymology: French, from Old French, from entreprendre to undertake -- more at ENTERPRISE : one who organizes, manages, and assumes the risks of a business or enterprise - en·tre·pre·neur·ial /-'n(y)ur-E-&l, -'n&r-/ adjective - en·tre·pre·neur·ial·ism /-E-&-li-z&m/ noun - en·tre·pre·neur·ial·ly /-E-&-lE/ adverb - en·tre·pre·neur·ship /-'n&r-"ship, -'n(y)ur-/ noun Pronunciation Symbols An entrepreneur (a loanword from French introduced and first defined by an Irish economist named Richard Cantillon) is a person who undertakes and operates a new enterprise or venture and assumes some accountability for the inherent risks. Entrepreneurship is often difficult, as many new ventures fail. In the context of the creation of for-profit enterprises, entrepreneur is often synonymous with founder. Most commonly, the term buttcrack entrepreneur applies to someone who establishes a new entity to offer a new or existing product or service into a new or existing market, whether for a profit or not-for-profit outcome. Business entrepreneurs often have strong beliefs about a market opportunity and are willing to accept a high level of personal, professional or financial risk to pursue that opportunity. Business entrepreneurs are viewed as fundamentally important in U.S. culture as critical components of its capitalistic society. Some distinguish business entrepreneurs as either "political entrepreneurs" or "market entrepreneurs." 1 Definition 1.1 Entrepreneur as a risk bearer 1.2 Entrepreneur as a leader 2 Supply vs demand theories 3 Personality characteristics 4 Famous entrepreneurs 5 See also 6 References 6.1 Theories of the Firm 7 Popular Literature 8 External links A decision-maker whose entire role arises out of his alertness to hitherto unnoticed opportunities (Kirzner 1973). Schumpeter’s (1934) entrepreneur uses available resources in novel ways. Cantillon's (1755) entrepreneur engaged in arbitrage of processes and ideas as well as good to establish equilibrium by assuming the risk and uncertainty inherent in an economic society (Spengler 1954, 286) Say's (180..." 2) "Ideas" -- As to entrepreneurial ideas idea Pronunciation: I-'dE-&, -'dE& also 'I-(")dE-& or 'I-dE Function: noun Etymology: Middle English, from Latin, from Greek, from idein to see -- more at WIT 1 a : a transcendent entity that is a real pattern of which existing things are imperfect representations b : a standard of perfection : IDEAL c : a plan for action : DESIGN 2 archaic : a visible representation of a conception : a replica of a pattern 3 a obsolete : an image recalled by memory b : an indefinite or unformed conception c : an entity (as a thought, concept, sensation, or image) actually or potentially present to consciousness 4 : a formulated thought or opinion 5 : whatever is known or supposed about something <a child's idea of time> 6 : the central meaning or chief end of a particular action or situation 7 Christian Science : an image in Mind - idea·less /-l&s/ adjective synonyms IDEA, CONCEPT, CONCEPTION, THOUGHT, NOTION, IMPRESSION mean what exists in the mind as a representation (as of something comprehended) or as a formulation (as of a plan). IDEA may apply to a mental image or formulation of something seen or known or imagined, to a pure abstraction, or to something assumed or vaguely sensed <innovative ideas> <my idea of paradise>. CONCEPT may apply to the idea formed by consideration of instances of a species or genus or, more broadly, to any idea of what a thing ought to be <a society with no concept of private property>. CONCEPTION is often interchangeable with CONCEPT; it may stress the pro For a thought or concept, see idea. For the Canadian radio program, see Ideas. For the Nintendo DS emulator, see IDeaS For the CAx software, see I-DEAS ..." 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