WHAT IS ENTREPRENUERSHIP?

• ACADEMIC DEFINITION (STEVENSON &

  JARILLO)

  • Entrepreneurship is the process by which individuals pursue opportunities without regard to resources they currently control.
• VENTURE CAPITALIST (FRED WILSON)

  • Entrepreneurship is the art of turning an idea into a business.
• EXPLANATION OF WHAT ENTREPRENEURS DO

  • Entrepreneurs assemble and then integrate all the resources needed – the money, the people, the business model, the strategy— needed to transform an invention or an idea into a viable business.