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entrepreneur

(Encyclopedia) entrepreneurentrepreneuränˌtrəprənûrˈ [key] [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. It was first used as a…

Dibdin, Charles

(Encyclopedia) Dibdin, Charles, 1745–1814, English songwriter and theatrical entrepreneur. His best-known songs are from his ballad operas, such as The Bells of Aberdovey from Liberty Hall (1785) and…

profit

(Encyclopedia) profit, in economics, return on capital, also called earnings, minus the costs of maintaining land, labor, and capital. It is also known as net income. Economic theorists generally…

Colom Caballeros, Álvaro

(Encyclopedia) Colom Caballeros, Álvaro, 1951–, Guatemalan political leader, president of Guatemala (2008–12), b. Guatemala City. An industrial engineer, he became a textile entrepreneur. Entering…

production

(Encyclopedia) production, in economics, all those activities that have to do with the creation of commodities, by imparting to raw materials utility, added value, or the ability to satisfy human…

Siemens, Ernst Werner von

(Encyclopedia) Siemens, Ernst Werner vonSiemens, Ernst Werner vonĕrnst vĕrˈnər fən zēˈməns [key], 1816–92, German electrical engineer and inventor. He was a founder and director of Siemens and Halske…

Say, Jean Baptiste

(Encyclopedia) Say, Jean BaptisteSay, Jean BaptistezhäN bätēstˈ sā [key], 1767–1832, French economist. In A Treatise on Political Economy (1803, tr. from the 4th ed. 1821) he effectively reorganized…

Schumpeter, Joseph Alois

(Encyclopedia) Schumpeter, Joseph AloisSchumpeter, Joseph Aloisyōˈzĕf äˈlōēs sh&oobreve;mˈpāˌtər [key], 1883–1950, Austrian-American economist, LL.D. Univ. of Vienna, 1906. He began practicing…

Branson

(Encyclopedia) Branson, city (2020 pop. 12,638), Taney and Stone cos., SW Mo.; inc. 1912. Located in the Ozark mountains, the town was originally…