Understanding and Definition of Entrepreneurial According to the Experts

Entrepreneur is a person who carries on business or corporation with the possibility of profit or loss. Therefore the entrepreneur needs to have the mental preparation, both for profit and facing a huge loss. So that an entrepreneur must have the specific characteristics inherent in self-confidence as an entrepreneur, has a lot of interest, can agree, have ambition, spirited explorers, likes to try something, etc.

The following are the terms and definitions of entrepreneurship according to some experts:

# JOSEPH C. Schumpeter

Entrepreneur is someone who is able to destroy the balance of the market and then form a new market equilibrium and take the benefits of these changes

# RAYMOND W.Y. KAO

Entrepreneur is someone who is able to create and design an idea into reality.

# Richard Cantillon

Entrepreneur is someone who is able to move or convert economic resources from low productivity level higher the level of productivity

# Schumpeter

Entrepreneurs are innovators who are not always the inventor (inventor)

# SYAMSUDIN SURYANA

Entrepreneur is someone who has the characteristics of self-confidence, task-oriented and results, risk-takers reasonable, straightforward leadership, generate creative innovations, and future-oriented.

# PRAWIROKUSUMO

Entrepreneurs are those who make efforts with the creative and innovative ideas and gathering resources to find opportunities and improved living