If you asked 100 people to define entrepreneurship, you'd probably get 100 different answers. I think the following two were the best:
Entrepreneurship is the act of identifying an innovative idea or opportunity, and then taking the necessary actions, often with considerable risk, to realize/implement/deliver the idea. Entrepreneurship applies within existing and mature enterprises, as well as with new ventures, and can result in a differentiated product, service, or process.
Entrepreneurship is the act of identifying an innovative idea or opportunity, and then taking the necessary actions, often with considerable risk, to realize/implement/deliver the idea. Entrepreneurship applies within existing and mature enterprises, as well as with new ventures, and can result in a differentiated product, service, or process.

