The document discusses various views and definitions of entrepreneurship. It is defined as the creation or acquiring of value, as well as change that includes non-economic values. Entrepreneurship involves designing, launching, and running a new small business. Entrepreneurs take on risks by starting businesses with new models to solve societal problems. Risk-taking is a key characteristic. Entrepreneurship is also viewed from the perspectives of a risk-bearer, organizer, and innovator. The stages of entrepreneurship include discovery of opportunities, concept development, resourcing, actualization of the business, and harvesting outcomes.