definition of modern definition of entrepreneurship
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Explanation:
adjective. of or relating to present and recent time; not ancient or remote: modern city life. characteristic of present and recent time; contemporary; not antiquated or obsolete: modern viewpoints. of or relating to the historical period following the Middle Ages: modern European history.
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. ... Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities.
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- Modern means relating to the present time, as in modern life.
- More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often initially a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit."
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