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Entreprenuerships Essay Topics & Paper Examples

Failures In New Entreprenuerships

According to Collins and Moore (1970), an entrepreneur can be termed as a person of high integrity and who possesses a unique character that is available within a minute fraction of the entire population. However, Landier and Augustin (2005) defines and entrepreneur as one who organizes, manages, and assumes the risks of a business or an enterprise. Peter (1985) states that the word entrepreneur originated from a French word entrepreneur which meaning to undertake. In a business context, this word means to start a business. Entrepreneurship in the business context therefore is the practice of starting new organization or businesses generally in response to identified opportunities. According to Collins and Moore (1970), entrepreneurship is a difficult undertaking because previous researches…