Entrepreneurship Terms And Definitions Pdf

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Whether refreshing your buzzwords or making the leap into the world of entrepreneurship, it is important to familiarize yourself with all of the terms, vocabulary, acronyms, and slang used by fellow entrepreneurs you will be meeting and working with. Just as it is important to understand what others are talking about, it also is important to be able to express yourself in a way that is familiar to potential partners, investors, and more.

Chapter 1 – Introduction to Entrepreneurship

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91 Startup Terms Every Entrepreneur Should Know

This paper is an attempt to build a bridge between the popular and the academic usage of the terms entrepreneur and entrepreneurship , and to identify the raw materials needed to construct an interpretive framework capable of illuminating the nature of entrepreneurship and its role in economic theory. We review briefly the contributions made to this topic by Cantillon, Schumpeter, Schultz and Kirzner. We then conclude with some observations on the basic choice confronting economics regarding the place of entrepreneurship in economic analysis. This is a preview of subscription content, access via your institution. Rent this article via DeepDyve. Higgs, London: Macmillan.

Social entrepreneurship

Understanding and naturally using key startup terms in the day to day operation of a business is a must for every entrepreneur. One of the prerequisites of becoming an entrepreneur is to get familiar and comfortable with the business, and more specifically in this case, startup language. Technical or non-technical, the best entrepreneurs may not be experts at everything but are certainly able to wear many hats and speak many languages whether it is with the finance team, programmers, designers, marketers, business developers, or other areas. In this infograpahic, find 91 startup terms with a brief definition for each that you can use as a reference for learning, enhancing or remembering some of the most commonly used words in the field. Founder: Anyone can create a site and business cards then call themselves founders of a startup.

Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs , in which they develop, fund and implement solutions to social, cultural, or environmental issues. Social entrepreneurs, however, are either non-profits , or they blend for-profit goals with generating a positive "return to society". Therefore, they use different metrics.

Many definitions for the work of ecosystem building are still evolving, and their meanings are sometimes imprecise. The working definitions for some key terms used in this playbook are presented below. Ecosystem Builders : Individuals who focus their work on building a system of support and resources for entrepreneurs in their communities or industries. Entrepreneurial Ecosystem : A network of people supporting entrepreneurs, and the culture of trust and collaboration that allows them to interact successfully.

2. Marketing Startup Terms

Whilst there is no universally accepted definition of entrepreneurship, it is fair to say that it is multi-dimensional. It involves analyzing people and their actions together with the ways in which they interact with their environments, be these social, economic, or political, and the institutional, policy, and legal frameworks that help define and legitimize human activities. Entrepreneurship involves such a range of activities and levels of analysis that no single definition is definitive. It is complex, chaotic, and lacks any notion of linearity. After completing this chapter you will be able to. This chapter provides you with an overview of entrepreneurship and of the language of entrepreneurship. The challenges associated with defining entrepreneur and entrepreneurship are explored, as is an overview of how entrepreneurship can be studied.


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The IRS-approved method of calculating depreciation expense for tax purposes. Also known as Accelerated Depreciation. A tax designed to prevent wealthy investors from using tax shelters to avoid income tax. The calculation of the AMT takes into account tax-preference items. The giant sweeping vision of a startup founder to change the world.

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