In this article found in http://www.econlib.org/library/Enc/Entrepreneurship.html it is said that an entrepreneur is someone organize and manages the risks of the enterprise. An enterpreneur is someone who takes resources neccessary to produce a certain product. I agree with this article of Russell S. Sobel because i think being an enterpreneur it should have big responsibilities with the business. It should comply with the companies demands and its consumers demands.
Successful entrepreneurs expand the size of the economic pie for everyone. Bill Gates, who as an undergraduate at Harvard developed BASIC for the first microcomputer, went on to help found Microsoft in 1975. During the 1980s, IBM contracted with Gates to provide the operating system for its computers, a system now known as MS-DOS. Gates procured the software from another firm, essentially turning the thirty-dollar pair of jeans into a multibillion-dollar product. Microsoft’s Office and Windows operating software now run on about 90 percent of the world’s computers. By making software that increases human productivity, Gates expanded our ability to generate output (and income), resulting in a higher standard of living for all.
Eventhough being an undergrad this should not hinder everyone to go with his dream.
definition of entrepreneur
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Entrepreneurship is the process of creating or seizing an opportunity, and
pursuing it regardless of the resources currently controlled. The American
Herit...
17 years ago
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