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    History of Entrepreneurship

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    Ismail Mustafa
    Entrepreneurship has its origins in the Middle Ages when entrepreneurs carried out construction projects by applying available resources. In the 16th century, business became a common term and the entrepreneur emerged as someone responsible for business ventures. In the 18th century, economists further defined the entrepreneur as someone who bears risk as part of their work.

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    History of Entrepreneurship

    Uploaded by

    Ismail Mustafa
    59 views1 page
    Entrepreneurship has its origins in the Middle Ages when entrepreneurs carried out construction projects by applying available resources. In the 16th century, business became a common term and the entrepreneur emerged as someone responsible for business ventures. In the 18th century, economists further defined the entrepreneur as someone who bears risk as part of their work.

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    Entrepreneurship has its origins in the Middle Ages when entrepreneurs carried out construction projects by applying available resources. In the 16th century, business became a common term and the entrepreneur emerged as someone responsible for business ventures. In the 18th century, economists further defined the entrepreneur as someone who bears risk as part of their work.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    59 views1 page

    History of Entrepreneurship

    Uploaded by

    Ismail Mustafa
    Entrepreneurship has its origins in the Middle Ages when entrepreneurs carried out construction projects by applying available resources. In the 16th century, business became a common term and the entrepreneur emerged as someone responsible for business ventures. In the 18th century, economists further defined the entrepreneur as someone who bears risk as part of their work.

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    © All Rights Reserved
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    Entrepreneurship & SME Management

    History of Entrepreneurship
    The term entrepreneurship can be traced back to as early as the
    Middle Ages,when the entrepreneur was simply someone who carried out
    tasks, such as buildings andconstruction projects by applying all the resources at
    his disposal. However, it was during the16
    th
    century when business was used as a common term, and the entrepreneur
    came intofocus as a person who is responsible for undertaking a business venture.
    In the 18
    th
    century,early economists, for instance one known as Richard Cantillon, added that
    an entrepreneurbears risk as part of his work definition

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