{"id":65,"date":"2017-07-31T18:15:32","date_gmt":"2017-07-31T18:15:32","guid":{"rendered":"http:\/\/box2043.temp.domains\/~naganine\/mmsme-org\/?p=65"},"modified":"2018-03-22T08:17:51","modified_gmt":"2018-03-22T08:17:51","slug":"entrepreneur","status":"publish","type":"post","link":"https:\/\/mmsme.org\/?p=65","title":{"rendered":"Entrepreneur"},"content":{"rendered":"

The word \u201centrepreneur\u201d is derived from the French verb \u201dentreprendre\u201d meaning \u201cto undertake\u201d.\u00a0 Entrepreneur has been defined in different ways by various scholars and they can be classified as follows:<\/p>\n\n\n\n\n\n\n\n\n
Scholar<\/strong><\/td>\nDefinition<\/strong><\/td>\n<\/tr>\n
Richard Cantillon (1723)<\/td>\nIt is an individual who organizes and operates a business or businesses, taking on financial risk to do so.<\/td>\n<\/tr>\n
Bennett & McCoshan (1993)<\/td>\nA person to create profit and wealth through business.<\/td>\n<\/tr>\n
Greve & Salaff (2003)<\/td>\nOne who organizes, manages and assumes the risks of a business or enterprise.<\/td>\n<\/tr>\n
OECD (2008)<\/td>\nThose persons (business owners) who seek to generate value through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets.<\/td>\n<\/tr>\n
ESCAP (2012)<\/td>\nThe individual and\/or team process of doing something new or different to add value to society through calculated risk-taking behavior for future gains.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Entrepreneurs are the backbone of any economy and business incubators are proven models to spur private sector development.<\/p>\n","protected":false},"excerpt":{"rendered":"

The word \u201centrepreneur\u201d is derived from the French verb \u201dentreprendre\u201d meaning \u201cto undertake\u201d.\u00a0 Entrepreneur has been defined in different ways by various scholars and they can be classified as follows: Scholar Definition Richard Cantillon (1723) It is an individual who organizes and operates a business or businesses, taking on financial risk to do so. Bennett & McCoshan (1993) A person to create profit and wealth through business. Greve & Salaff (2003) One who organizes, manages and assumes the risks of a business or enterprise. OECD (2008) Those persons (business owners) who seek to generate value through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets. ESCAP (2012) The individual and\/or team process of doing something new or different to add value to society through calculated risk-taking behavior for future gains.   Entrepreneurs are the backbone of any economy and business incubators are proven models to spur private sector development.<\/p>\n","protected":false},"author":1,"featured_media":69,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[21,14,15],"class_list":["post-65","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship","tag-definition","tag-entrepreneur","tag-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/mmsme.org\/index.php?rest_route=\/wp\/v2\/posts\/65","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mmsme.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mmsme.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mmsme.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mmsme.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65"}],"version-history":[{"count":3,"href":"https:\/\/mmsme.org\/index.php?rest_route=\/wp\/v2\/posts\/65\/revisions"}],"predecessor-version":[{"id":98,"href":"https:\/\/mmsme.org\/index.php?rest_route=\/wp\/v2\/posts\/65\/revisions\/98"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mmsme.org\/index.php?rest_route=\/wp\/v2\/media\/69"}],"wp:attachment":[{"href":"https:\/\/mmsme.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mmsme.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mmsme.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}