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Showing posts from June, 2014

Entrepreneurship and India

Entrepreneurship is the most widely growing term in Indian Business context today. So, what it is all about and why India is so much obsessed with it now. Let us figure out its history and dominance in India.Entrepreneurship means different things to different people. Conceptually and in practice, the term hints of no stereotypical model.

The term was originally aloanwordfromFrenchand was first defined by the Irish- FrencheconomistRichard Cantillon. This term first appeared in the French Dictionary "Dictionnaire Universal de Commerce" of Jacques des Bruslonspublished in 1723. Entrepreneur inEnglish is a term applied to a person who is willing to help launch a new venture or enterprise and accept full responsibility for the outcome. Today entrepreneur is one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods It is very hard to find out the origin of the entrepreneur. However, we can trace the study done in the field…