Reflections on Entrepreneurship Part 1: Definition

In order to benefit the business community, we are officially starting a series on entrepreneurship.  Please stay tune to what's to come!

Entrepreneurship:  A Definition

​What is entrepreneurship?  One definition I came across spoke of entrepreneurship in terms of a capacity and willingness to start a business relevant to the risks involved in doing so. I believe this is an adequate understanding of what entrepreneurship is.  It does however raise the question as to what defines capacity and willingness, and the definition also raises further questions relevant to the nature of risk.What is entrepreneurship?  One definition I came across spoke of entrepreneurship in terms of a capacity and willingness to start a business relevant to the risks involved in doing so. I believe this is an adequate understanding of what entrepreneurship is.  It does however raise the question as to what defines capacity and willingness, and the definition also raises further questions relevant to the nature of risk.

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