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'''Entrepreneurship''' is the creation or extraction of [[economic value]] in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.
An '''entrepreneur''' ({{IPA-fr|ɑ̃tʁəpʁənœʁ|lang}}) is an [[businessperson|individual]] who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.<ref>{{Cite web |title=Entrepreneur: What It Means to Be One and How to Get Started |url=https://www.investopedia.com/terms/e/entrepreneur.asp |access-date=2022-12-25 |website=Investopedia |language=en}}</ref> The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an [[innovator]], a source of new ideas, [[goods]], services, and business/or procedures.
More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, often similar to a [[small business]], or (per ''Business Dictionary'') as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a [[Profit (accounting)|profit]]".<ref name="businessdictionary.com">{{cite web |title=What is entrepreneurship? definition and meaning |url=http://www.businessdictionary.com/definition/entrepreneurship.html#ixzz3xv9ci0nt |url-status=dead |archive-url=https://web.archive.org/web/20181116084818/http://www.businessdictionary.com/definition/entrepreneurship.html#ixzz3xv9ci0nt |archive-date=16 November 2018 |access-date=21 January 2016 |publisher=Business Dictionary}}</ref> The people who create these businesses are often referred to as "entrepreneurs".<ref>{{cite journal|author1=AK Yetisen|author2=LR Bob Volpatti|author3=AF Coskun|author4=S Cho|author5=E Kamrani|author6=H Butt|author7=A Khademhos\\seini|author8=SH Yun|title=Entrepreneurship|journal=Lab Chip|volume=15|issue=18|pages=3638–3660|doi=10.1039/c5lc00577a|pmid=26245815|year=2015|url=https://resolver.caltech.edu/CaltechAUTHORS:20150918-154718642}}</ref><ref name="moves">{{cite journal|first1=Riitta|last1=Katila|first2=Eric L.|last2=Chen|first3=Henning|last3=Piezunka|title=All the right moves: How entrepreneurial firms compete effectively|journal=Strategic Entrepreneurship JNL|date=7 June 2012|volume=6|issue=2|doi=10.1002/sej.1130|url=https://web.stanford.edu/~rkatila/new/pdf/KatilaSEJ12.pdf|access-date=18 May 2017|pages=116–132}}</ref>
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