entrepreneurship

(noun)

The art or science of innovation and risk-taking for profit in business.

Related Terms

  • investment
  • saving

Examples of entrepreneurship in the following topics:

  • Introduction to Small Business and the Corporation

    • In practice, this belief in entrepreneurship has taken many forms, from the self-employed individual to the global conglomerate.
  • The Role of the Financial System

    • Entrepreneurship growth: Financial markets allow entrepreneurs (and established firms) to access the funds needed to invest in projects or companies.
  • Short Run and Long Run Costs

    • The land, labor, capital goods, and entrepreneurship all vary to reach the the long run cost of producing a good or service.
  • Other Approaches to Calculating GDP

    • This method measures GDP by adding incomes that firms pay households for factors of production they hire- wages for labor, interest for capital, rent for land, and profits for entrepreneurship.
  • Measuring Productivity

    • This can range from highly tangible inputs (working hours, products assembled) to highly intangible inputs (entrepreneurship, experience, technology skills, etc.).
Subjects
  • Accounting
  • Algebra
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  • Business
  • Calculus
  • Chemistry
  • Communications
  • Economics
  • Finance
  • Management
  • Marketing
  • Microbiology
  • Physics
  • Physiology
  • Political Science
  • Psychology
  • Sociology
  • Statistics
  • U.S. History
  • World History
  • Writing

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