What are the difference between entrepreneur and entrepreneurship ?

 What are the difference between entrepreneur & entrepreneurship ? 

So we have known what the entrepreneur in my last blog post. Now, we have to know what is the entrepreneurship ? 

Entrepreneurship is the creation or extraction of value. With this definition, entrepreneurship is viewed as change , which may include other values than simply economic ones.

Entrepreneurship as the process of designing, launching, and running a new business, which is often initially a small business, or as the "capacity and willingness to develop, organize, and manage a business venture along with any of its risks to make a profit".

Now, what is the difference between entrepreneur and entrepreneurship ? 

• Meaning
- Entrepreneurship is the process of kick-starting a business, or a company, that offers a product, or a service, or both.

- Entrepreneur is the person, or several persons, coming up with an innovative idea of business, and are ready to take the risk of commencing a business.

• Purpose
- The main purpose of Entrepreneurship is to establish an organization or a business.

-The main purpose of an Entrepreneur is to commence a business to earn a profit, or to fulfill the needs of the society.

• Represents
- Entrepreneurship represents a procedure through which an idea is converted into reality.

- On the other hand, an entrepreneur is the innovator.

• Business Venture
- Entrepreneurship is the activity that takes place by an entrepreneur to reach the goal.

- Entrepreneur is the one who sets up the venture to turn an idea into reality.

• Natural, or legal entity
- Entrepreneurship is merely a process that is undertaken by an entrepreneur.

- Whereas on the other hand, an Entrepreneur is a natural entity.