entrepreneurship

From entrepreneur +‎ -ship.

• (Received Pronunciation) IPA^(key): /ˌɒn.tɹə.pɹəˈnɜːʃɪp/
• (US) IPA^(key): /ˌɑn.tɹə.pɹəˈnɝ.ʃɪp/, /ˌɑn.tɹə.pɹəˈnʊɚ.ʃɪp/

entrepreneurship (countable and uncountable, plural entrepreneurships)

1. The art or science of innovation and risk-taking for profit in business.
   • 2023 January 25, Christian Wolmar, “An informative cab ride on the state of the railway”, in RAIL, number 975, page 34:

     It is an example of what real entrepreneurship can do on the railway, but sadly there are not many other examples. Most of the private sector businesses in rail are simply 'gaming' the system, trying to outdo or outthink the regulator and the Government in order to generate profit.

2. The quality of being an entrepreneur.

• social entrepreneurship
• regulatory entrepreneurship