DEFINITION OF ENTREPRENEUR

  • According to Oxford Dictionary

“One  who  undertakes  an  enterprise,  especially  a  contractor  –  acting  as intermediary between capital and labor”

  • According to Peter .P. Drucker

“Innovation is the specific tool of entrepreneurs, the means by which they exploit changes as an opportunity for different business or a different service”

 

v  The word Entrepreneurship is derived from the French verb “ENTERPRENDRE”.

v  The French men who organized and led military expeditions in the early 16th Century were referred to as Entrepreneurs.

v  Around 1700A.D. the term Entrepreneur was used for architects and contractors of public work.

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