ENTREPRENEURSHIP

Detailed explanation-1: -The word ‘entrepreneur’ is derived from the French word entreprendre. It means ‘to undertake’. Thus, entrepreneur is the person who undertakes the risk.

Detailed explanation-2: -Entrepreneur is a French word probably coined by the economist Jean-Baptiste Say from the word entreprendre, which is usually translated as “undertaker” or “adventurer."1 Say studied Smith’s book and, while agreeing on all points, found that the omission of enterprising businessmen was a serious flaw.

Detailed explanation-3: -The word “entrepreneur” originates from a thirteenth-century French verb, entreprendre, meaning “to do something” or “to undertake.” By the sixteenth century, the noun form, entrepreneur, was being used to refer to someone who undertakes a business venture.

Detailed explanation-4: -The term “entrepreneur” likely comes from the French word “entreprendre, ‘’ meaning to start something. Richard Cantillon, an 18th-century Irish-French economist, is widely credited with defining entrepreneurship-and entrepreneurs-as an economic force that drives development.