entrepreneurship Definition
the activity of setting up a business or businesses, taking on financial risks in the hope of profit.
Using entrepreneurship: Examples
Take a moment to familiarize yourself with how "entrepreneurship" can be used in various situations through the following examples!
Example
Entrepreneurship is not for everyone, but it can be very rewarding.
Example
She showed great entrepreneurship in starting her own company.
Example
The government is encouraging entrepreneurship by offering tax incentives to new businesses.
entrepreneurship Synonyms and Antonyms
Synonyms for entrepreneurship
- enterprise
- initiative
- ingenuity
- resourcefulness
- business acumen
Phrases with entrepreneurship
social entrepreneurship
the use of business principles to develop and implement solutions to social, cultural, or environmental issues
Example
Their social entrepreneurship project aims to provide clean water to rural communities.
the promotion of entrepreneurial skills and mindset among young people
Example
The organization offers training and mentorship programs for youth entrepreneurship.
the creation and development of new technology-based businesses
Example
Silicon Valley is known for its thriving technology entrepreneurship ecosystem.
Summary: entrepreneurship in Brief
Entrepreneurship [ˌɑːntrəprəˈnɜːrʃɪp] refers to the activity of setting up a business or businesses, often involving financial risks in the hope of profit. It requires business acumen, initiative, and resourcefulness, as exemplified by 'She showed great entrepreneurship in starting her own company.' The term extends into phrases like 'social entrepreneurship,' which uses business principles to address social issues, and 'youth entrepreneurship,' which promotes entrepreneurial skills among young people.
