WHAT IS ENTREPRENEURSHIP? The Merriam-Webster Dictionary definition of entrepreneur is “one who organizes, manages, and assumes the risks of a business or enterprise.” Each of these words is important. Entrepreneurship occurs in a business context, meaning the objective is to sell a product or service and make a profit. In business, risk is associated with uncertainty, which most commonly arise...

the aim of this study was to determine the relationship between entrepreneurial personality characteristics and small and medium-sized sport enterprises start-up (smses). the methodology of this study was descriptive-correlation. population consisted of small and medium-sized sport enterprises (n=1500) and their owners and/or managers were randomly selected as the sample (n=258). for data colle...

High failure rates and low average returns suggest that too many people may be entering markets as entrepreneurs. Thus, anticipating how one will perform in the market is a fundamental component of the decision to start a business. Using a large sample obtained from population surveys conducted in 18 countries, we study what variables are significantly associated with the decision to start a bu...