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Starting your own business is one of the most exciting and challenging way in today's society. An entrepreneur is a specific job. He has to have some skills, knowledge’s in some general areas such accounting, finance, marketing and human resources. The place of the entrepreneur is difficult to sort-out. There are some different approaches to describe an entrepreneur. For example in a non exhaustive list he is able to be an innovator (Schumpeter), manage the uncertain for Knight, organises the production (Say) or to be a visionaries for Kirzner. The entrepreneur's definition from Jean-Baptiste Say, « shifts economics resources out of an area of lower and into an area of higher productivity and greater yield ». But this definition does not inform us who this person, the entrepreneur is. An entrepreneur is often as one person who starts is own, new and small business. All the new businesses have many factors in common. They create something new, something different, they change or transmit value. Through this essay we will suggest and define the entrepreneur in today's society.
Schumpeter(1952), define the entrepreneur like this: « The function of the entrepreneur is to reform or revolutionise the pattern of production by exploiting an invention or more generally an entried technological methods of production a new commodity or producing an old one in a new way opening a new source of supply of materials or a new outlet for products by organising a new industry. » Capitalism survive, 1952.
Schumpeter described entrepreneurship in terms of creative destruction. He believes in the idea that a new product, idea or services will revolution the economy. The economy works in cycle. This theor ...