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A Brief History of EntrepreneurshipThe Pioneers, Profiteers, and Racketeers Who Shaped Our World$
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Joe Carlen

Print publication date: 2016

Print ISBN-13: 9780231173049

Published to Columbia Scholarship Online: September 2017

DOI: 10.7312/columbia/9780231173049.001.0001

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Introduction

Introduction

Chapter:
(p.1) Introduction
Source:
A Brief History of Entrepreneurship
Author(s):

Joe Carlen

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231173049.003.0001

In 1985, Peter Drucker, the late management expert, defined entrepreneurship as “the act that endows resources with a new capacity to create wealth,”1 among the most specific and meaningful definitions of the term. More literally, the words “entrepreneurship” and “enterprise” both derive from the Old French word for “an undertaking,” ...

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