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Basic Concept Of Entrepreneurship

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  • A, Nasrullah

Abstract

entrepreneurs are the person or communities who have the brave to take a risk to create new things that can help other people around, or entrepreneur is the fusion of creativity and innovation to make something new with used all of the resources around, such as natural, human, and capital resources. Entrepreneurs not only think about their selves but also think about all of the social impact and aspects around them. Everyone can be an entrepreneur with their potential, so they need to explore their potential to improve. The statement is supported by (Lloyd, 1994) who stated that entrepreneurs are made not born. In entrepreneurs some concepts need to be considered, that’s agility (the ability to move faster), endurance (supporting production and selling point), Speed (An Ability to improve consumer satisfaction and need), Flexibility: (Adaptation to conditions), and Strength (Mental and physic). And then entrepreneurs also need to have IDEA; Innovation/Improvisation, Development/Dedication, Enthusiasm, and Action. Besides that, ENTREPRENEUR is a jargon of Enthusiasm, Negotiation, Technology, Education, Realisation, Personality, Realistic, Effective, Needs, Empowerment, Unselfish, and Respected.

Suggested Citation

  • A, Nasrullah, 2023. "Basic Concept Of Entrepreneurship," OSF Preprints zt8sv, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:zt8sv
    DOI: 10.31219/osf.io/zt8sv
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