entrepreneurship Flashcards

1
Q

entrepreneur

A

a person who creates a new business and he takes financial risk in the hope of profit

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2
Q

entrepreneurial

A

characterized by the taking of financial risks in the hope of profit

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3
Q

enterprise

A

a project or activity that involves many people and that is often difficult

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4
Q

start-ups

A

a business that just get started

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5
Q

business angels

A

rich investor who provides capital for start-up business in exchange for ownership equity or a stake in company

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6
Q

crowdfunding

A

it is a process of funding a project or venture by raising money from large number of people who invest small amount of their money

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7
Q

business plan

A

a document drawn up to show how a business is planned to work

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8
Q

grant

A

a financial award given by the state or local government ,which is not expected to be repaid

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9
Q

incubator

A

an organization designed to accelerate the growth and success of entrepreneurial companies

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10
Q

pogrešno razumijevanje

A

misconception

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11
Q

improve

A

boost growth

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12
Q

policy makers

A

a person who creates plans and ideas in order to improve economics

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13
Q

silicon valley

A

a place known as one of the largest home for technological companies and start-ups

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14
Q

venture capital firm

A

an investment company that invest capital in potentially risky but profitable start-ups for above average returns

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15
Q

feasibility

A

ability to complete a project successfully, taking in account the possible negative and positive outcomes before investing too much time and money

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16
Q

clusters

A

a group of similar thing or people positioned or occurring closely together