Encyclopedia of Early Modern History Online

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Entrepreneur
(2,345 words)

1. Definition

An entrepreneur is usually defined as the occupant of the highest position within the hierarchically organized institution of an enterprise. His job is to provide production factors and combine them in a production function within an enterprise [17]; [10]. To the extent that this takes place under uncertain conditions, the entrepreneur’s reward includes a risk premium [2]. But any definition of the term entrepreneur must r…

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Gorißen, Stefan, “Entrepreneur”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 19 August 2019 <http://dx.doi.org/10.1163/2352-0272_emho_COM_029366>
First published online: 2015
First print edition: 20170626



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