What is Entrepreneurship?

What is entrepreneurship?

This seems like an easy question but think about it. When I was first asked this question the first explanation in my head was, "Um." Sometimes we think it would be easy to define something but as we look into it, it becomes more complex than we thought it was.

Still, the question remains. What is entrepreneurship? We have searched and sought for an answer to this question, and what we have found is that their not just one answer. In the hope of justifying the term, we have selected several definitions.
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Entrepreneurship is...

•  marketing a new or unique product or service
• a successful act of organizational founding
• the pursuit of opportunity without regard to the resources currently controlled
• creates change and changes produce more opportunity for entrepreneurship
• the mindset and the process to create and develop economic activity by blending risk-taking and creativity (and/or innovation) with sound management with a new or existing company
• the creation of new enterprise
• involves all the functions, activities, and actions associated with the perceiving of opportunities and the creation of organizations to pursue them