Entrepreneurialism

Part of speech: noun

Definitions

1. The act of initiating and operating new businesses embodies the dynamic nature of economic innovation while highlighting the readiness to embrace financial uncertainty in pursuit of success
2. Engaging in the establishment and management of enterprises showcases an adventurous mindset towards financial risks and the creation of value through unique ideas
3. The practice of creating and running businesses reflects an innovative spirit focused on financial ventures while also accepting the inherent risks involved in achieving success

Etymology: Entrepreneurialism is a formation built in two stages, and the second stage is the more recent one. The root is "entrepreneur," which arrived in English from French in the nineteenth century and was itself borrowed from French "entreprendre," meaning "to undertake." The adjective "entrepreneurial" came out of that noun, and the suffix "-ism" was then attached to the adjective to name the practice or attitude it describes. The suffix has a long ancestry. "-ism" descends from Ancient Greek "-ismos," a suffix used to form nouns of action, state, or doctrine, which passed into Latin and then into French and English. Adding it to an adjective produces a noun for a system of thought or a characteristic way of behaving, which is why the result reads as a general disposition rather than a single act. The suffix "-ial," which makes "entrepreneurial" from the noun, followed a similar route through Latin "-ālis" and Old French before reaching English.

Synonyms: entrepreneurship, business acumen