DANCEST 805 Lecture Notes - Lecture 13: Financial Capital, Statics, Steve Jobs
Document Summary
In search of the meaning of entrepreneurship by r. f. Entrepreneurship: the actions of a risk taker, a creative venture into a new business or the one who revives an existing business. Example: steven jobs (apple) and donald burrs (people express): they are symbols of individualism, drive, and intuition, they are the embodiment of our romantic view of capitalism, entrepreneurship is the stuff of which american heroes are made. City a and sell them at city b. The price in city a will rise to 15 euros, because there is more demand. Entrepreneur: someone who specializes in taking responsibility for and making judgemental decisions that affect the location, form, and the use of goods, resources, or institutions. This definition is synthetic because it incorporates the main historical themes of entrepreneurship: risk, uncertainty, innovation, perception, and change. Critique: this can also be a manager, even though they claim in the text that there is a clear difference between an entrepreneur and manager.