corporate venturing, when large entities spin-off organizations. Entrepreneurs An entrepreneur is an individual who accepts some sort of risk — usually financial — in the pursuit of new ventures. The word can apply to any person organizing a new project or opportunity, though it is most often used in a business context. A person in this role is often characterized as innovative, independent, optimistic, creative, and hard-working According to Schumpeter: Entrepreneurs change the pattern of production…
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