Definitions Burns states: “there is no universally accepted definition of the term entrepreneur” (Burns, 2007), but there are numerous attempts such as: “an entrepreneur is an innovative, risk-taking individual who identifies a need in a market and finds a way to fill it, whether by using his or her own expertise and passion, the knowledge of others, or a combination of the three” (Schrage, 2012). Entrepreneurs differ from the self-employed and small business owner/managers in that they are creative…
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