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entrepreneur

Noun

Meaning

One who creates a product on his own account; whoever undertakes on his own account an industrial enterprise in which workmen are employed.

Source: Webster's dictionary

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A firm consist of the system of relationships which comes into existence when the direction of resources is dependent on an entrepreneur. Ronald Coase

The market is sovereign and in the magic economy of the small entrepreneur there is no authoritarian center... in the political sphere... the equilibrium of powers prevails, and hence there is no chance of despotism. C. Wright Mills

An entrepreneur assumes the risk and is dedicated and committed to the success of whatever he or she undertakes. Victor Kiam

Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production. Joseph Schumpeter

The discounting presumably is to be done for each period of time at that rate of interest which represents the alternative cost of employing capital in the occupation in question; that is, at the rate which the entrepreneur could obtain in other investments. Kenneth Boulding

If your aspirations are not greater than your resources, you're not an entrepreneur. C.K. Prahalad

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