ENTREPRENEURSHIP ASSIGNMENT

DEFINITION OF ENTREPRENEURSHIP BY
EXPERTS

LECTURER:
Ir. Insannul Kamil, M.Eng, IPM

by:
Mutiara Yulanda Adha
1310931055

JURUSAN TEKNIK INDUSTRI

FAKULTAS TEKNIK
UNIVERSITAS ANDALAS
PADANG
2015

There are many definitions of entrepreneurship that was explained by many

experts. In this assignment, definitions of entrepreneurship is written as many as
20 definitions. These are:
1. Kamus Besar Bahasa Indonesia (KBBI)
In according to KBBI, entrepreneurship is a talent to recognize new product,
how to produce that, how to marketing, and organize the operations.
2. Soeparman Spemahamidjaja
Still from Indonesia, according to Soeparman Spemahamidjaja,
entrepreneurship is ability to think more creative and make innovations as
basic, resource, strategy, and process in face the life challenges.
3. Arif F. Hadipranata
Entrepreneur is a risk taker, it means that entrepreneurship is capability to
take many risks to organize and manage business and financial, nonfinancial benefits.
4. Entrepreneurship Center at Miami University of Ohio
Entrepreneurship is considered as process to identify, develop, and bring
innovation, possibility to life and the result is new business that is created in
uncertainty and risk condition.
5. Steinhoff and John F. Burgess (1993)
Entrepreneurship is mental attitude, knowledge, and behavior to many tasks
that becomed his/her responsibility and always oriented to customers.
6. Richard Cantillon
He said that entrepreneurship is ability to convert economical resources
from low productivity level to higher productivity.
7. Kasmir (2006)
In according to Kasmir, he said that entrepreneurship is courage to take risk
to build business in many opportunity.
8. Harvey Leibenstein
In 1968 and 1979, Harvey Leibenstein confronted that entrepreneurship is
activity to create and execute the company when in the same time, all
markets is not built yet or all production components is unknown yet.
9. Soeharto Prawiro
Entrepreneurship is a value needed starts up and grow the business. It was
said in 1997.
10. Robbin and Coulter
A process of organized effort that is used by a individu or groups in to find
opprtunities in value created by fulfill the needs and do not care what
resources is controlled now.

11. Frank Knight

According to Frank Knight in 1921, entrepreneur must have ability to
predict market change. So that, entrepreneurship is skill to face the
uncertainty of market change and can do managerial functions.
12. Penrose (1963)
Entrepreneurship activity is identification of many opportunity in economy
system.
13. Jean Baptista Say (1816)
He said that entrepreneurship is talent to unite any production equipments
and find the value of the productions.
14. A. Pekerti
Entrepreneurship is respond to business opportunity in behavior set that
produce output, that is productive and innovative organization.
15. Edvardson
Entrepreneurship is strategies think and courage to take risks. The result will
be given to individual and organization.
16. Stevenson
He said that entrepreneurship is utilization of many available opportunities
without ignore their resources.
17. Prawirokusumo
Entrepreneurship is owned by people do creative and innovative effort to
find the occasions and life improvement.
18. Hartati and Saidi
She said that entrepreneurship is process to create new things and use time,
take risk, receive moneter retaine, satisfaction, and private authorship.
19. S. Wijandi
Entrepreneurship is courageness in take risk that is based on self capability.
20. Inpres no. 4/1995
Enthusiasm and skill in handle business that is oriented to work methods
and new product in increase efficiency and give better services and higher
benefit.