ENTREPRENEURSHIP

ENTREPRENEUR
The word ENTREPRENEUR is derived from the French word entreprende which means to undertake .The Webster Dictionary explains that the term entrepreneur is applicable to one who organizes , manages , & assumes the risk of a business or enterprise.

 ROLE OF AN ENTREPRENEUR
Hebert & Link (1989) have come up with elaborate lists of various roles that entrepreneurs play An individual who assumes uncertainty associated risk An individual who supplies financial capital A individual who starts off a new venture A person who owns an enterprise An individual who allocates resources among alternative uses A person who employs factors of production An individual who is a decision maker A person who has leadership qualities A person who manages An individual who is an organizer & coordinate of economic resources An innovative person