Entrepreneurship has different meanings among the experts or sources of reference for different center of gravity and emphasis. Richard Cantillon (1775), for example,
Defining entrepreneurship as the work itself (self-employment).
An entrepreneur bought the goods at this time at a certain price and sell it in the future with uncertain prices. So this definition is more emphasis on how a person at risk or uncertainty. In contrast to Cantillon, according to Penrose (1963) entrepreneurial activities include indentfikasi opportunities within the economic system...
Defining entrepreneurship as the work itself (self-employment).
An entrepreneur bought the goods at this time at a certain price and sell it in the future with uncertain prices. So this definition is more emphasis on how a person at risk or uncertainty. In contrast to Cantillon, according to Penrose (1963) entrepreneurial activities include indentfikasi opportunities within the economic system...
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