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1-2
The Nature and Importanceof Entrepreneurship
McGraw-Hill/IrwinEntrepreneurship, 7/e
Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved.
Chapter
1
 
1-3
Development of Entrepreneurship
(1 of 2)
Earliest Period
Entrepreneurs would sign contracts with a moneyperson.
Example: Marco Polo
Middle Ages
Entrepreneurs were actors and people whomanaged large production projects.
17th Century
Entrepreneurs entered into contractualarrangements with the government.
Example: Mississippi Company
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