Wednesday, 9 October 2013

Entrepreneur Concept

Definition of Entrepreneur:

  • Entrepreneur is individual who develop a enterprise and can be defined as a person who operates a business that is successful with a profit motive in addition to adopting a strategic practices to succeed.
  • Kuratko and Hodgetts (2001)
    - One who undertakes to organize, manage and assume the risks of a business
  • Bygrave in Bygrave & Zacharakis (2004)
    - A person who perceived an opportunity and creates an organization to pursue it
  • Zimmerer & Scarborough (2005)
    - One who creates a new business in the face of risks and uncertainly for the purpose of achieving profit and growth by identifying opportunities and assembling the necessary resources to capatalize on them

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