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History of Entrepreneurship

The word entrepreneurship was first used in the 19th century. The economists are somewhat more concerned with the effects of the Entrepreneurship, as it drives economic growth, rather than the theory behind effective entrepreneurship.

Although the field originally stemmed from classical economics, it has become a discipline on its own. Mainly for the amount of theory behind what can be considered as an art of being entrepreneurial.

Entrepreneurship could be found in many other disciplines, as for the way of doing things, being innovative. Yet these disciplines don't dive deep into how it should be done and what it really means, they use it as more of a tool to achieve their own goals. However, the importance of this tool, makes it an art in itself.