Definitions of an entrepreneur

By Priya Chetty on October 30, 2010

An entrepreneur is a person who combines various factors of production, processes the raw materials, converts the raw materials into a finished product and creates utility in the product and sells the product in the market in order to earn profit.

An entrepreneur is a person with unusual foresight who can recognize potential demand for goods and services. He reacts to economic change who become an economic agent who transforms demand into supply.

Entrepreneurs are innovators who use the process to shatter the status quo through new combination of resources and new methods of commerce to satisfy consumer wants and who enjoys monopoly profits.

Entrepreneurs create or identify an opportunity and pursue it by taking risk and then creating an economic organization for gain and /or growth.

Entrepreneurship is the result of disciplined, systematic process of applying creativity and innovations to needs and opportunities in the market place for attaining gain and / or growth.

Entrepreneurship is the quality of uncertainty bearing….coordination of productive resources ….introduction of innovations and the successful provision of capital for gain or/and growth.

Entrepreneurship involves any deliberate activity that initiates, maintains and grows a profit-oriented enterprise for production or distribution of economic goods or services.

I am a management graduate with specialisation in Marketing and Finance. I have over 12 years' experience in research and analysis. This includes fundamental and applied research in the domains of management and social sciences. I am well versed with academic research principles. Over the years i have developed a mastery in different types of data analysis on different applications like SPSS, Amos, and NVIVO. My expertise lies in inferring the findings and creating actionable strategies based on them. 

Over the past decade I have also built a profile as a researcher on Project Guru's Knowledge Tank division. I have penned over 200 articles that have earned me 400+ citations so far. My Google Scholar profile can be accessed here

I now consult university faculty through Faculty Development Programs (FDPs) on the latest developments in the field of research. I also guide individual researchers on how they can commercialise their inventions or research findings. Other developments im actively involved in at Project Guru include strengthening the "Publish" division as a bridge between industry and academia by bringing together experienced research persons, learners, and practitioners to collaboratively work on a common goal. 

 

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