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Entrepreneur Books PDF: An entrepreneur is a person who pursues an opportunity, often commercially driven, to bring a new product or service to market with limited resources and takes high risk. The process of creating a new business is entrepreneurship develops an enterprise around an innovation. In simple words, it is someone who identifies a need for a new product, process, or service and builds a business around that thing. The word entrepreneur is obtained from the French word, entreprendre meaning “to undertake” and was first defined by the Irish‐French economist Richard Cantillon. Jean‐ Baptiste Say, a French economist, who is believed to have coined the word “entrepreneur” in the 19th century.

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Over the past few years, there has been a great deal of attention paid to the subject of entrepreneurship as many people realized that small firms contribute considerably to the economic growth of a country.

Developing countries have established policies and tax incentives that encourage the planning and implementation of small businesses and have a belief that a small business can potentially grow into a large business.

The concept of entrepreneurship is a complicated phenomenon. Broadly, it relates to the person who is an entrepreneur and has a vision and its implementation. Entrepreneurship refers to a process of action by an entrepreneur and it is a creative and innovative response to the business environment.

It promotes capital formation and creates wealth, and it has the change, challenge, thrill of risk, and growth. It also extends beyond a conventional business and economic perspective.

Entrepreneurs are an important aspect of the economy as they help spur growth by taking risks on innovative ideas. Although the odds of success may not be particularly promising, if it succeeds, many entrepreneurial pursuits push industries forward dramatically.

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