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Index Entrepreneurship

Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. [1]

173 relations: Accounts payable, Accounts receivable, Adam Smith, Advocacy group, Ambiguity, Angel investor, Artisan, Asset, Austrian School, Baby boomers, Bank, Bias, Business administration, Business incubator, Business intelligence, Business model, Business network, Business opportunity, Business plan, Businessperson, Capital (economics), Carl Menger, Cash flow, Chamber of commerce, Charismatic authority, Charitable organization, Charles Darwin, Chief executive officer, Chinatown, Civil service, Classical economics, Communication, Communication accommodation theory, Communitarianism, Community development, Competitive advantage, Copyright, Corporate social entrepreneurship, Corporation, Coworking, Creative destruction, Credit, Credit card, Debt, Dell, Economic development, Economic growth, Economics, Economy, Edith Penrose, ..., Edward Lazear, Empirical research, Endogenous growth theory, Entrepreneurship, Entrepreneurship ecosystem, Equity (finance), Equity crowdfunding, Extraversion and introversion, Face (sociological concept), Face negotiation theory, Facebook, Female entrepreneurs, Feminism, Filmmaking, Financial technology, Flow (psychology), Forbes, Frank Knight, French language, Friedrich Hayek, German Reich, Global Entrepreneurship Monitor, Global Entrepreneurship Week, Governance, Grant (money), Guild, Health care, Hedge fund, Homelessness, Homogeneity and heterogeneity, Human resources, Inc. (magazine), Independent contractor, Inheritance tax, Innovation, Intellectual property, International Journal of Public Opinion Research, Intrapreneurship, Invention, Investor, Israel Kirzner, Jean-Baptiste Say, Joseph Schumpeter, Know-how, Knowledge entrepreneurship, Knowledge management, Lean manufacturing, Lean startup, Legal person, Leveraged buyout, Line of credit, Liquidity constraint, List of entrepreneurs, Loan, Loanword, Ludwig von Mises, Maria Montessori, Mark Zuckerberg, Mass media, Meister, Merchant cash advance, Microcredit, Microeconomics, Mihaly Csikszentmihalyi, Millennials, Mindset, Minority group, Missionary, New media, Non-governmental organization, Nonprofit organization, Nonverbal communication, Opportunity cost, Overhead (business), Patent, Paul DiMaggio, Peter Drucker, Piracy, Political entrepreneur, Private equity, Production–possibility frontier, Profit (accounting), Profit (economics), Progressive tax, Public opinion, Restaurant, Revenue, Revenue-based financing, Richard Cantillon, Risk, Risk aversion, Robert Reich, Science park, Seed money, Share price, Small business, Small Business Administration, Small Business Innovation Research, Social enterprise, Social entrepreneurship, Software development, Sound recording and reproduction, Stakeholder (corporate), Stanford University, Startup accelerator, Startup company, Steve Jobs, Subsidy, Team building, Trademark, Uncertainty, University of Siegen, University of Zurich, University spin-off, Value (economics), Venture capital, Venture capital financing, Vision statement, Voluntary sector, Wealth, William Stanley Jevons, Working capital, X-inefficiency. Expand index (123 more) »

Accounts payable

Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet.

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Accounts receivable

Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for.

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Adam Smith

Adam Smith (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era.

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Advocacy group

Advocacy groups (also known as pressure groups, lobby groups, campaign groups, interest groups, or special interest groups) use various forms of advocacy in order to influence public opinion and/or policy.

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Ambiguity is a type of meaning in which several interpretations are plausible.

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Angel investor

An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity.

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An artisan (from artisan, artigiano) is a skilled craft worker who makes or creates things by hand that may be functional or strictly decorative, for example furniture, decorative arts, sculptures, clothing, jewellery, food items, household items and tools or even mechanisms such as the handmade clockwork movement of a watchmaker.

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In financial accounting, an asset is an economic resource.

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Austrian School

The Austrian School is a school of economic thought that is based on methodological individualism—the concept that social phenomena result from the motivations and actions of individuals.

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Baby boomers

Baby Boomers (also known as Boomers) are the demographic cohort following the Silent Generation and preceding Generation X. There are varying timelines defining the start and the end of this cohort; demographers and researchers typically use birth years starting from the early- to mid-1940s and ending anywhere from 1960 to 1964.

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A bank is a financial institution that accepts deposits from the public and creates credit.

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Bias is disproportionate weight in favour of or against one thing, person, or group compared with another, usually in a way considered to be unfair.

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Business administration

Business administration is management of a business.

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Business incubator

A business incubator is a company that helps new and startup companies to develop by providing services such as management training or office space.

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Business intelligence

Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis of business information.

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Business model

A business model describes the rationale of how an organization creates, delivers, and captures value,Business Model Generation, Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts.

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Business network

A business network is a complex network of companies, working together to accomplish certain goals.

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Business opportunity

A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc.

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Business plan

A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them.

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A business person (also businessman or businesswoman) is a person involved in the business sector – in particular someone undertaking activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue utilizing a combination of human, financial, intellectual and physical capital with a view to fuelling economic development and growth.

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Capital (economics)

In economics, capital consists of an asset that can enhance one's power to perform economically useful work.

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Carl Menger

Carl Menger (February 23, 1840 – February 26, 1921) was an Austrian economist and the founder of the Austrian School of economics.

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Cash flow

A cash flow describes a real or virtual movement of money.

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Chamber of commerce

A chamber of commerce (or board of trade) is a form of business network, for example, a local organization of businesses whose goal is to further the interests of businesses.

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Charismatic authority

Charismatic authority is a concept about leadership that was developed in 1922 (he died in 1920) by the German sociologist Max Weber.

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Charitable organization

A charitable organization or charity is a non-profit organization (NPO) whose primary objectives are philanthropy and social well-being (e.g. charitable, educational, religious, or other activities serving the public interest or common good).

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Charles Darwin

Charles Robert Darwin, (12 February 1809 – 19 April 1882) was an English naturalist, geologist and biologist, best known for his contributions to the science of evolution.

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Chief executive officer

Chief executive officer (CEO) is the position of the most senior corporate officer, executive, administrator, or other leader in charge of managing an organization especially an independent legal entity such as a company or nonprofit institution.

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A Chinatown is an ethnic enclave of Chinese or Han people located outside mainland China, Hong Kong, Macau, or Taiwan, most often in an urban setting.

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Civil service

The civil service is independent of government and composed mainly of career bureaucrats hired on professional merit rather than appointed or elected, whose institutional tenure typically survives transitions of political leadership.

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Classical economics

Classical economics or classical political economy (also known as liberal economics) is a school of thought in economics that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century.

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Communication (from Latin commūnicāre, meaning "to share") is the act of conveying intended meanings from one entity or group to another through the use of mutually understood signs and semiotic rules.

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Communication accommodation theory

Communication accommodation theory (CAT) is a theory of communication developed by Howard Giles.

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Communitarianism is a philosophy that emphasizes the connection between the individual and the community.

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Community development

The United Nations defines community development as "a process where community members come together to take collective action and generate solutions to common problems." It is a broad term given to the practices of civic leaders, activists, involved citizens and professionals to improve various aspects of communities, typically aiming to build stronger and more resilient local communities.

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Competitive advantage

In business, a competitive advantage is the attribute that allows an organization to outperform its competitors.

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Copyright is a legal right, existing globally in many countries, that basically grants the creator of an original work exclusive rights to determine and decide whether, and under what conditions, this original work may be used by others.

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Corporate social entrepreneurship

A corporate social entrepreneur (CSE) is someone who attempts to advance a social agenda in addition to a formal job role as part of a corporation.

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A corporation is a company or group of people or an organisation authorized to act as a single entity (legally a person) and recognized as such in law.

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Coworking is a style of work that involves a shared workplace, often an office, and independent activity.

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Creative destruction

Creative destruction (German: schöpferische Zerstörung), sometimes known as Schumpeter's gale, is a concept in economics which since the 1950s has become most readily identified with the Austrian-American economist Joseph Schumpeter who derived it from the work of Karl Marx and popularized it as a theory of economic innovation and the business cycle.

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Credit (from Latin credit, "(he/she/it) believes") is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immediately (thereby generating a debt), but instead promises either to repay or return those resources (or other materials of equal value) at a later date.

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Credit card

A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts so paid plus the other agreed charges.

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Debt is when something, usually money, is owed by one party, the borrower or debtor, to a second party, the lender or creditor.

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Dell (stylized as DELL) is an American multinational computer technology company based in Round Rock, Texas, United States, that develops, sells, repairs, and supports computers and related products and services.

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Economic development

economic development wikipedia Economic development is the process by which a nation improves the economic, political, and social well-being of its people.

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Economic growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

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Economics is the social science that studies the production, distribution, and consumption of goods and services.

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An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.

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Edith Penrose

Edith Elura Tilton Penrose (November 15, 1914 – October 11, 1996) was an American-born British economist whose best known work is The Theory of the Growth of the Firm, which describes the ways which firms grow and how fast they do.

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Edward Lazear

Edward Paul Lazear (born August 17, 1948) is an American economist, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution at Stanford University and the Jack Steele Parker Professor of Human Resources, Management and Economics at Stanford Graduate School of Business.

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Empirical research

Empirical research is research using empirical evidence.

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Endogenous growth theory

Endogenous growth theory holds that economic growth is primarily the result of endogenous and not external forces.

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Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business.

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Entrepreneurship ecosystem

An entrepreneurial ecosystem or entrepreneurship ecosystem refers to the social and economic environment affecting the local/regional entrepreneurship.

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Equity (finance)

In accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owned.

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Equity crowdfunding

Equity crowdfunding is the online offering of private company securities to a group of people for investment and therefore it is a part of the capital markets.

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Extraversion and introversion

The trait of extraversion–introversion is a central dimension of human personality theories.

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Face (sociological concept)

The term face idiomatically refers to one's own sense of self-image, dignity or prestige in social contexts.

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Face negotiation theory

Face-Negotiation Theory was a theory first proposed by Brown and Levinson (1978) to understand how people from different cultures manage rapport and disagreements.

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Facebook is an American online social media and social networking service company based in Menlo Park, California.

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Female entrepreneurs

Female entrepreneurs are said to encompass approximately 1/3 of all entrepreneurs worldwide.

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Feminism is a range of political movements, ideologies, and social movements that share a common goal: to define, establish, and achieve political, economic, personal, and social equality of sexes.

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Filmmaking (or, in an academic context, film production) is the process of making a film, generally in the sense of films intended for extensive theatrical exhibition.

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Financial technology

Financial technology (FinTech or fintech) is the new technology and innovation that aims to compete with traditional financial methods in the delivery of financial services.

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Flow (psychology)

In positive psychology, flow, also known colloquially as being in the zone, is the mental state of operation in which a person performing an activity is fully immersed in a feeling of energized focus, full involvement, and enjoyment in the process of the activity.

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Forbes is an American business magazine.

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Frank Knight

Frank Hyneman Knight (November 7, 1885 – April 15, 1972) was an American economist who spent most of his career at the University of Chicago, where he became one of the founders of the Chicago school.

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French language

French (le français or la langue française) is a Romance language of the Indo-European family.

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Friedrich Hayek

Friedrich August von Hayek (8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian-British economist and philosopher best known for his defense of classical liberalism.

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German Reich

Deutsches Reich was the official name for the German nation state from 1871 to 1945 in the German language.

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Global Entrepreneurship Monitor

The Global Entrepreneurship Monitor (GEM) research project is an annual assessment of the national level of entrepreneurial activity in multiple, diverse countries.

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Global Entrepreneurship Week

Global Entrepreneurship Week (GEW) is an international initiative that introduces entrepreneurship to young people in six continents.

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Governance is all of the processes of governing, whether undertaken by a government, a market or a network, over a social system (family, tribe, formal or informal organization, a territory or across territories) and whether through the laws, norms, power or language of an organized society.

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Grant (money)

Grants are non-repayable funds or products disbursed or gifted by one party (grant makers), often a government department, corporation, foundation or trust, to a recipient, often (but not always) a nonprofit entity, educational institution, business or an individual.

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A guild is an association of artisans or merchants who oversee the practice of their craft/trade in a particular area.

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Health care

Health care or healthcare is the maintenance or improvement of health via the prevention, diagnosis, and treatment of disease, illness, injury, and other physical and mental impairments in human beings.

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Hedge fund

A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets, often with complex portfolio-construction and risk-management techniques.

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Homelessness is the circumstance when people are without a permanent dwelling, such as a house or apartment.

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Homogeneity and heterogeneity

Homogeneity and heterogeneity are concepts often used in the sciences and statistics relating to the uniformity in a substance or organism.

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Human resources

Human resources are the people who make up the workforce of an organization, business sector, or economy.

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Inc. (magazine)

Inc. is an American weekly magazine which publishes about small businesses and startups.

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Independent contractor

An independent contractor is a natural person, business, or corporation that provides goods or services to another entity under terms specified in a contract or within a verbal agreement.

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Inheritance tax

A tax paid by a person who inherits money or property or a levy on the estate (money and property) of a person who has died.

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Innovation can be defined simply as a "new idea, device or method".

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Intellectual property

Intellectual property (IP) is a category of property that includes intangible creations of the human intellect, and primarily encompasses copyrights, patents, and trademarks.

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International Journal of Public Opinion Research

The International Journal of Public Opinion Research (IJPOR) is a quarterly social science journal sponsored by the World Association for Public Opinion Research (WAPOR) and published by Oxford University Press.

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Intrapreneurship is the act of behaving like an entrepreneur while working within a large organization.

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An invention is a unique or novel device, method, composition or process.

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An investor is a person that allocates capital with the expectation of a future financial return.

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Israel Kirzner

Israel Meir Kirzner (also Yisroel Mayer Kirzner; born February 13, 1930) is a British-born American economist closely identified with the Austrian School.

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Jean-Baptiste Say

Jean-Baptiste Say (5 January 1767 – 15 November 1832) was a French economist and businessman who had classically liberal views and argued in favor of competition, free trade and lifting restraints on business.

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Joseph Schumpeter

Joseph Alois Schumpeter (8 February 1883 – 8 January 1950) was an Austrian political economist.

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Know-how (or knowhow) is a term for practical knowledge on how to accomplish something, as opposed to "know-what" (facts), "know-why" (science), or "know-who" (communication).

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Knowledge entrepreneurship

Knowledge entrepreneurship describes the ability to recognize or create an opportunity and take action aimed at realizing an innovative knowledge practice or product.

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Knowledge management

Knowledge management (KM) is the process of creating, sharing, using and managing the knowledge and information of an organisation.

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Lean manufacturing

Lean manufacturing or lean production, often simply "lean", is a systematic method for waste minimization ("Muda") within a manufacturing system without sacrificing productivity.

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Lean startup

Lean startup is a methodology for developing businesses and products, which aims to shorten product development cycles by adopting a combination of business-hypothesis-driven experimentation, iterative product releases, and validated learning.

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Legal person

A legal person (in legal contexts often simply person, less ambiguously legal entity) is any human or non-human entity, in other words, any human being, firm, or government agency that is recognized as having privileges and obligations, such as having the ability to enter into contracts, to sue, and to be sued.

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Leveraged buyout

A leveraged buyout (LBO) is a financial transaction in which a company is purchased with a combination of equity and debt, such that the company's cash flow is the collateral used to secure and repay the borrowed money.

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Line of credit

A line of credit is credit source extended to a government, business or individual by a bank or other financial institution.

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Liquidity constraint

In economics, a liquidity constraint is a form of imperfection in the capital market which imposes a limit on the amount an individual can borrow, or an alteration in the interest rate they pay.

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List of entrepreneurs

A list of entrepreneurs by century.

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In finance, a loan is the lending of money by one or more individuals, organizations, and/or other entities to other individuals, organizations etc.

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A loanword (also loan word or loan-word) is a word adopted from one language (the donor language) and incorporated into another language without translation.

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Ludwig von Mises

Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian-American theoretical Austrian School economist.

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Maria Montessori

Maria Tecla Artemisia Montessori (August 31, 1870 – May 6, 1952) was an Italian physician and educator best known for the philosophy of education that bears her name, and her writing on scientific pedagogy.

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Mark Zuckerberg

Mark Elliot Zuckerberg (born May 14, 1984) is an American technology entrepreneur and philanthropist best known for co-founding and leading Facebook as its chairman and chief executive officer.

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Mass media

The mass media is a diversified collection of media technologies that reach a large audience via mass communication.

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Meister means master in German (as in master craftsman, or as an honorific title such as Meister Eckhart).

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Merchant cash advance

A merchant cash advance was originally structured as a lump-sum payment to a business in exchange for an agreed-upon percentage of future credit card and/or debit card sales.

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Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment, or a verifiable credit history.

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Microeconomics (from Greek prefix mikro- meaning "small") is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.

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Mihaly Csikszentmihalyi

Mihaly Csikszentmihalyi (Csíkszentmihályi Mihály,; born 29 September 1934) is a Hungarian-American psychologist.

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Millennials (also known as Generation Y) are the generational demographic cohort following Generation X. There are no precise dates for when this cohort starts or ends; demographers and researchers typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years.

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In decision theory and general systems theory, a mindset is a set of assumptions, methods, or notations held by one or more people or groups of people.

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Minority group

A minority group refers to a category of people differentiated from the social majority, those who hold on to major positions of social power in a society.

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A missionary is a member of a religious group sent into an area to proselytize and/or perform ministries of service, such as education, literacy, social justice, health care, and economic development.

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New media

New media are forms of media that are native to computers, computational and relying on computers for re-distribution.

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Non-governmental organization

Non-governmental organizations, nongovernmental organizations, or nongovernment organizations, commonly referred to as NGOs, are usually non-profit and sometimes international organizations independent of governments and international governmental organizations (though often funded by governments) that are active in humanitarian, educational, health care, public policy, social, human rights, environmental, and other areas to effect changes according to their objectives.

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Nonprofit organization

A non-profit organization (NPO), also known as a non-business entity or non-profit institution, is dedicated to furthering a particular social cause or advocating for a shared point of view.

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Nonverbal communication

Nonverbal communication (NVC) between people is communication through sending and receiving wordless cues.

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Opportunity cost

In microeconomic theory, the opportunity cost, also known as alternative cost, is the value (not a benefit) of the choice in terms of the best alternative while making a decision.

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Overhead (business)

In business, overhead or overhead expense refers to an ongoing expense of operating a business.

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A patent is a set of exclusive rights granted by a sovereign state or intergovernmental organization to an inventor or assignee for a limited period of time in exchange for detailed public disclosure of an invention.

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Paul DiMaggio

Paul Joseph DiMaggio (born January 10, 1951 in Philadelphia, Pennsylvania) is an American educator, and professor of sociology at New York University since 2015.

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Peter Drucker

Peter Ferdinand Drucker (November 19, 1909 – November 11, 2005) was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation.

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Piracy is an act of robbery or criminal violence by ship or boat-borne attackers upon another ship or a coastal area, typically with the goal of stealing cargo and other valuable items or properties.

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Political entrepreneur

The term political entrepreneur may refer to any of the following.

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Private equity

Private equity typically refers to investment funds organized as limited partnerships that are not publicly traded and whose investors are typically large institutional investors, university endowments, or wealthy individuals.

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Production–possibility frontier

A production–possibility frontier (PPF) or production possibility curve (PPC) is the possible tradeoff of producing combinations of goods with constant technology and resources per unit time.

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Profit (accounting)

Profit, in accounting, is an income distributed to the owner in a profitable market production process (business).

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Profit (economics)

In economics, profit in the accounting sense of the excess of revenue over cost is the sum of two components: normal profit and economic profit.

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Progressive tax

A progressive tax is a tax in which the tax rate increases as the taxable amount increases.

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Public opinion

Public opinion consists of the desires, wants, and thinking of the majority of the people; it is the collective opinion of the people of a society or state on an issue or problem.

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A restaurant, or an eatery, is a business which prepares and serves food and drinks to customers in exchange for money.

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In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.

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Revenue-based financing

Revenue-based financing or royalty-based financing (RBF) is a type of financial capital provided to small or growing businesses in which investors inject capital into a business in return for a percentage of ongoing gross revenues.

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Richard Cantillon

Richard Cantillon (1680s –) was an Irish-French economist and author of Essai sur la Nature du Commerce en Général (Essay on the Nature of Trade in General), a book considered by William Stanley Jevons to be the "cradle of political economy".

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Risk is the potential of gaining or losing something of value.

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Risk aversion

In economics and finance, risk aversion is the behavior of humans (especially consumers and investors), when exposed to uncertainty, in attempting to lower that uncertainty.

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Robert Reich

Robert Bernard Reich (born June 24, 1946) is an American political commentator, professor, and author.

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Science park

A science park (also called a "university research park", or a "science and technology park") is defined as being a property-based development that accommodates and fosters the growth of tenant firms and that are affiliated with a university (or a government and private research bodies) based on proximity, ownership, and/or governance.

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Seed money

Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in exchange for an equity stake in the company.

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Share price

A share price is the price of a single share of a number of saleable stocks of a company, derivative or other financial asset.

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Small business

Small businesses are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

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Small Business Administration

The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses.

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Small Business Innovation Research

The Small Business Innovation Research (or SBIR) program is a United States Government program, coordinated by the Small Business Administration, intended to help certain small businesses conduct research and development (R&D).

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Social enterprise

A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being—this may include maximizing social impact alongside profits for external shareholders.

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Social entrepreneurship

Social entrepreneurship is the use of start-up companies and other entrepreneurs to develop, fund and implement solutions to social, cultural, or environmental issues.

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Software development

Software development is the process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

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Sound recording and reproduction

Sound recording and reproduction is an electrical, mechanical, electronic, or digital inscription and re-creation of sound waves, such as spoken voice, singing, instrumental music, or sound effects.

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Stakeholder (corporate)

In a corporation, as defined in its first usage in a 1963 internal memorandum at the Stanford Research Institute, a stakeholder is a member of the "groups without whose support the organization would cease to exist".

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Stanford University

Stanford University (officially Leland Stanford Junior University, colloquially the Farm) is a private research university in Stanford, California.

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Startup accelerator

Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs that include seed investment, connections, mentorship, educational components, and culminate in a public pitch event or demo day to accelerate growth.

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Startup company

A startup company (startup or start-up) is an entrepreneurial venture which is typically a newly emerged business that aims to meet a marketplace need by developing a viable business model around a product, service, process or a platform.

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Steve Jobs

Steven Paul Jobs (February 24, 1955 – October 5, 2011) was an American entrepreneur and business magnate.

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A subsidy is a form of financial aid or support extended to an economic sector (or institution, business, or individual) generally with the aim of promoting economic and social policy.

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Team building

Team building is a collective term for various types of activities used to enhance social relations and define roles within teams, often involving collaborative tasks.

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A trademark, trade mark, or trade-markThe styling of trademark as a single word is predominantly used in the United States and Philippines only, while the two-word styling trade mark is used in many other countries around the world, including the European Union and Commonwealth and ex-Commonwealth jurisdictions (although Canada officially uses "trade-mark" pursuant to the Trade-mark Act, "trade mark" and "trademark" are also commonly used).

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Uncertainty has been called "an unintelligible expression without a straightforward description".

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University of Siegen

The University of Siegen (Universität Siegen) is a public research university located in Siegen, North Rhine-Westphalia and is part of the Deutsche Forschungsgemeinschaft, a society of Germany's leading research universities.

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University of Zurich

The University of Zurich (UZH, Universität Zürich), located in the city of Zürich, is the largest university in Switzerland, with over 25,000 students.

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University spin-off

University spin-offs transform technological inventions developed from university research that are likely to remain unexploited otherwise.

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Value (economics)

Economic value is a measure of the benefit provided by a good or service to an economic agent.

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Venture capital

Venture capital (VC) is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth (in terms of number of employees, annual revenue, or both).

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Venture capital financing

Venture capital financing is a type of financing by venture capital.

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Vision statement

A vision statement is a declaration of an organization's objectives, intended to guide its internal decision-making.

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Voluntary sector

The voluntary sector or community sector (also non-profit sector or not-for-profit sector) is the duty of social activity undertaken by organizations that are not-for-profit and non-governmental.

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Wealth is the abundance of valuable resources or valuable material possessions.

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William Stanley Jevons

William Stanley Jevons FRS (1 September 1835 – 13 August 1882) was an English economist and logician.

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Working capital

Working capital (abbreviated WC) is a financial metric which represents operating liquidity available to a business, organisation or other entity, including governmental entities.

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X-inefficiency is the difference between efficient behavior of businesses assumed or implied by economic theory and their observed behavior in practice caused by a lack of competitive pressure.

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[1] https://en.wikipedia.org/wiki/Entrepreneurship

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