Zdrojový dokument:Scientific papers of the University of Pardubice. Series D, Faculty of Economics and Administration. 16 (1/2010)
ISSN:1211 – 555X
Abstrakt:
“Entrepreneurship” is a creative activity wherein the entrepreneur introduces
something new in market. Normally, a new combination refers to employment of productive
means in a changed form. A new combination need not be carried out by people who control
the product or commercial process. Rather it can be carried out by employing both unused
and used means of production. It is the innovative quality of an entrepreneur that foresees
the potentially profitable opportunity and tries to exploit it. Entrepreneur is a problem solver
and gets satisfaction by attracting problems.
Joseph A. Schumpeter wrote in his Theory of Economic development that the basic function of
an entrepreneur was to innovate. According to him “everyone is an entrepreneur only when
he actually carries out new combinations and loses that character as soon as he has built up
his business, when he settles down to running it as other people run their business.
Today, entrepreneurship is considered as an alternative to employment and hence the
governments both central and state create an entrepreneurial chmate wherein the students
and the unemployed youth enter into entrepreneurship. The present article discusses mainly
the role of entrepreneur in the economic development, the characteristics of an entrepreneur,
the entrepreneurial environment and the benefits accruing from entrepreneurship.