Entrepreneurship Today

The term entrepreneurship has historically referred to the efforts of an individual who takes on the odds in translating a vision into a successful business enterprise. While some definitions focus on the creation of new organizations, others focus on wealth creation and ownership. This includes other routes to ownership such as franchising, corporate entrepreneurship, management buyouts, and business inheritance. Still others focus on discovering and exploiting opportunities. The concept of an entrepreneur is further refined through the principles and terms from a business, managerial, and personal perspective. In particular, the concept of entrepreneurship from a personal perspective has been thoroughly explored in this ...

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