MARWARI COLLEGE RANCHI (UNDER RANCHI UNIVERSITY ,RANCHI) RAJU MANJHI DEP. OF B.Sc(CA) ,MCR ________________________________________________________________________________ SEMESTER : VI BCA/IT/BCM SUBJECT : EDP TOPIC : DEFINITION OF EDP : Entrepreneurship 1. Concept: Entrepreneurship is derived from French root, which means to undertake. But people today call it by various names - adventuresome (to start something different from others), risk taking, thrill seeking (much of up’s and down’s), innovating (something new). Hence the word entrepreneurship in today’s concept can be called an event of adventuresome which takes risks, seeks thrills and innovative. I. According to Higgins: Entrepreneurship is the function of seeking investment and production opportunity, organizing an enterprise to undertake a new function process, raising ca