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Traditionally, it is Jean-Baptiste Say who is credited for coining the word and advancing the concept of the entrepreneur, but in fact it was Cantillon who first introduced the term in Essai. [6] [76] Cantillon divided society into two principal classes—fixed income wage-earners and non-fixed income earners. [77]
An entrepreneur (French: [ɑ̃tʁəpʁənœʁ]) is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. [1] The process of setting up a business is known as "entrepreneurship".
The term entrepreneur is derived from the French word entreprendre, i.e. to undertake. The French economist Jean-Baptiste Say first coined the term in 1803 and defined an entrepreneur as an individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield".
Lee coined the term “unicorn” in 2013 as she was starting her own firm, Cowboy Ventures. ... aspiring entrepreneurs with gilded resumes have come to Lee, asking her how to build a unicorn ...
An entrepreneur runs a business, particularly one that enters a new or risky market. Entrepreneurs may also research, design or engineer new products to fill a market gap or improve the quality or ...
Intrapreneurship is the act of behaving like an entrepreneur while working within a large organization. Intrapreneurship is known as the practice of a corporate management style that integrates risk-taking and innovation approaches, as well as the reward and motivational techniques, that are more traditionally thought of as being the province of entrepreneurship.
An oft-repeated but no longer creditable claim is that the term "self-made man" was "coined" on February 2, 1832, by Henry Clay in the United States Senate. (Historian Irvin G. Wyllie used Clay's Senate speech on that date as his first example of its use in his 1954 book, The Self-Made Man in America: The Myth of Rags to Riches , stating that ...
Peter Ferdinand Drucker (/ ˈ d r ʌ k ər /; German:; November 19, 1909 – November 11, 2005) was an Austrian American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of modern management theory.