Faculty Club 4-Week Study Group, 1st 6 to rsvp only.

Monday, April 06, 2020

What is an entrepreneur? Trends in usage of the word.




The Characteristics of an Entrepreneur

You might well wonder whether entrepreneur simply means “a person who starts a business and is willing to risk loss in order to make money” or whether it carries an additional connotation of far-sightedness and innovation. The answer, perhaps unsatisfyingly, is that it can go in either direction.

Entrepreneur has been in used in English to refer to a kind of businessman since at least the middle of the 18th century, when it appeared in translation of the King of Prussia’s instructions for his generals (“. . . if the country happens not to abound in forage, you must agree with some Entrepreneur for the quantity required.”). During the 19th century, it was also used of a go-between or a person who undertakes any kind of activity (as opposed to just a business).

By the early 20th century entrepreneur appears to have taken on the connotation of go-getter when applied to an independent business owner, a quality that may also be found in the phrase entrepreneurial spirit, which began being used at about the same time.

https://www.merriam-webster.com/dictionary/entrepreneur