Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses (referred as Startup Company); however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as intra-preneurship and may include corporate venturing, when large entities spin-off organizations.[1]

Entrepreneurship is the combination of management skills that an entrepreneur must require to run a enterprise smoothly and successfully some of them are; risk-bearer, organizer and innovator, ideas generator, risk manager and many more.

Source: http://www.consciousentrepreneur.net

Enterprenureship is the willingness and capacity to undertake conception, organization, and management of a productive venture with all attendant risks, while seeking profit as a reward.

Source: http://www.probondins.com/

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