This innovation gives the venture the competitive advantage that results in wealth creation.Stakeholders don't have to be equity shareholders.The word entrepreneur originates from the French word, entreprendre, which means "to undertake." In a business context, it means to start a business.

Leo Sun, the Role of Stakeholders in Your Business.Dictionary Home, disclaimer: All content on this website is for informational purposes only.

Schumpeter's View of Entrepreneurship, austrian economist Joseph Schumpeter 's definition of entrepreneurship placed an emphasis on innovation, such as: new products new production methods new markets new forms of organization.For example, abc will render as abc.