Eike batista: rich man. richest man?
Definitions carry on trough the centuries, dozens of theories can be find. Some believing that external factors make an entrepreneur, factors like religion, education, family, history, role models. Others state that Internal factors s the actual fuel for the entrepreneurial flame, personal factors like Risk-taking ability, Need for achievement, Locus of Control, Desire for Autonomy, Deviancy, Creativity and Opportunism, Intuition.
From all definitions, one of the most broad accepted definitions is by Joseph Schumpeter(1934): “the entrepreneur is one who applies "innovation" within the context of the business to satisfy unfulfilled market demand (Liebenstein, 1995)”. This is exactly what we can observe in the successful entrepreneurs, as example we could mention, Bill Gates(Microsoft), Richard Branson(Virgin), Pierre Omidyar(Ebay),John D. Rockefeller(standard Oil), just to mention few.
Dr.Alvin Chan, Advisor for CambridgePI, synthesize very well on his article that entrepreneur is an innovator who implements changes trough new combinations. This can take several forms:
-The introduction of a new good or standard of quality
-The introduction of a more efficient method of production-The opening of a new market-The acquisition of a new source of new materials supply-The carrying out of the new organization in any industry.