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  • Evolution of Entrepreneurs - ED

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    Sourav Vignesh
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    The document traces the evolution of the definition of an entrepreneur from its French origins meaning "go-between" to descriptions in the 17th century as someone who takes on risk and profit/loss, to the 18th century distinguishing between those who supply funds and receive interest versus profits from management abilities, to the 19th century view of an entrepreneur as someone who maximizes opportunities and innovates something unique. The document provides sources for further reading on entrepreneurship definitions.

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    The document traces the evolution of the definition of an entrepreneur from its French origins meaning "go-between" to descriptions in the 17th century as someone who takes on risk and profit/loss, to the 18th century distinguishing between those who supply funds and receive interest versus profits from management abilities, to the 19th century view of an entrepreneur as someone who maximizes opportunities and innovates something unique. The document provides sources for further reading on entrepreneurship definitions.

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    13 views6 pages

    Evolution of Entrepreneurs - ED

    Uploaded by

    Sourav Vignesh
    The document traces the evolution of the definition of an entrepreneur from its French origins meaning "go-between" to descriptions in the 17th century as someone who takes on risk and profit/loss, to the 18th century distinguishing between those who supply funds and receive interest versus profits from management abilities, to the 19th century view of an entrepreneur as someone who maximizes opportunities and innovates something unique. The document provides sources for further reading on entrepreneurship definitions.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 6

    Evolution of Entrepreneurs

    By
    Aju Prasad
    09MBA02
    Who is an entrepreneur?
    • Stems from French: meaning “Between-taker“ or
    “go-between”.

    • Middle ages: Actor and person in charge of large


    scale production projects.

    • 17th century: Person bearing risk of profit (loss)


    in a fixed price contract with the Govt.
    Continuation..
    • 18th Century: Distinguished between those who
    supplied funds and received interest and those
    who received profits from managerial
    capabolities. [Francis Walker]

    • 19th Century: Entrepreneur is one who


    mazimizes opportunities.[Peter Drucker]
    Definition:
    • 19th and 20th Century: as an innovator, an
    individual developing something unique.
    ref

    1.)Entrepreneurship

    Hisrich Peters

    2.)Contemperory Approach

    Donald Kuratko
    Richard M Hodgetts
    • Thank you .

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