Business Owner

AKA: Businessperson.
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Example(s):
- Entrepreneur.
See: Corporation, Business, Human Capital, Financial Capital, Intellectual Capital, Physical Capital, Economic Development, Economic Growth, Entrepreneur.

References

(Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Businessperson Retrieved:2015-7-22.
- A businessperson (plural businesspeople, much more commonly referred to as businessmen) is someone involved in business, where in particular undertaking of activities, commercial or industrial, for the purpose of generating cash flow, sales, and revenue from a combination of human, financial, intellectual and physical capital that further fuels economic development and growth. An entrepreneur is an example of a businessperson. Though the term usually refers to founder, owner, or majority shareholder of a business, the term is sometimes interchangeably used to describe a high level executive who does the everyday running and management of the business even though the executive is not the owner. it may sometimes mean someone who is involved in the upper-level management role of a corporation, company, enterprise, firm, organization, or agency. This can especially apply to the founder, an owner, a manager, an executive, or an administrator in charge of total management of a corporation, company, organization, or agency.

(Levine & Rubinstein, 2013) ⇒ Ross Levine, and Yona Rubinstein. (2013). “Smart and Illicit: Who Becomes An Entrepreneur and Do They Earn More ?." No. w19276. National Bureau of Economic Research,
- QUOTE: We disaggregate the self-employed into incorporated and unincorporated to distinguish between “entrepreneurs" and other business owners. We show that the incorporated self-employed and their businesses engage in activities that demand comparatively strong nonroutine cognitive abilities, while the unincorporated and their firms perform tasks demanding relatively strong manual skills. …