Entrepreneurship: A Working Definition

Harvard Business Review

For some, it refers to venture capital-backed startups and their kin; for others, to any small business. The opportunity may entail: 1) pioneering a truly innovative product; 2) devising a new business model; 3) creating a better or cheaper version of an existing product; or 4) targeting an existing product to new sets of customers. For example, a new venture might employ a new business model for an innovative product. Entrepreneurship Venture capital