A Definition of Entrepreneurship

Etymology (From Greek etymon + logia), the study of word origins and their evolution is a subject I’m quite interested in. Growing up in urban India, one has to deal with multiple languages as a fact of everyday life.

Take the word entrepreneurship. The word is from French and does not have an equivalent in English. The closest approximation is “to undertake”. Does it follow from this that the entrepreneur is merely someone who undertakes a venture? Is it that simple?

For a more elegant explanation, please have a look at a recent post that I subscribe to.