Definition of Entrepreneurship by Different Scholars The study of the aforesaid definitions makes it clear that different Scholars or authors and economists have tried to explain the entrepreneurship in the different and broad sense in their own ways. Definition of Entrepreneurship by Different Scholars These views may be classified as follows: 1. Entrepreneurship as risk-taking capacity. 2. Entrepreneurship as an organization building ability. 3. Entrepreneurship as group level reactiveness. 4. Entrepreneurship as functions of organizations and coordination. 5. Entrepreneurship as managerial skills. 6. Entrepreneurship as the capacity for high achievements. 7. Entrepreneurship as innovative functions and innovative ability, and 8. Entrepreneurship as leadership...