MY JOURNAL STUDIES FOR LIBRARY AND INFORMATION SCIENCE.

 THE CONCEPTUAL DEFINITION OF ENTREPRENEURSHIP IN LIBRARY AND INFORMATION SCIENCE.

 ENTREPRENEURSHIP

        Entrepreneurship as defined in the American online dictionary, as the process of starting a business or other organization in which the entrepreneur (individual) chooses/develops a business model, acquires the human and other required resources and is fully responsible for its success or failure.

 An extract from a hand book of Economic Sociology, by Howard E. Aldrich (2011) with a summery and evaluation of various definition of entrepreneurship, has it that there are four competing definition of the term. which are as follows.

1. The setting up of high-growth and high-capitalisation firms (as opposed to low-growth and low-capitalisation ‘lifestyle’ businesses); 
2.  Innovation and innovativeness leading to new products and new markets (the Schumpeterian tradition);
3. Opportunity recognition (the Kirznerian tradition); 
4. The creation of new organisations.

INFORMATION

Davis & Olson, (1985), defines information as data that has been prosessed into a form that is meaningful to the recipient, and can be refered to a number of different phenomena having been classified into three groupings. 

1. Anything perceived as potentially signifying something (e.g. printed books);
2. the process of informing; and 
3. that which is learned from some evidence or communication.     

In another view Wellisch (1996) define Information as a message used by a sender to represent one or more concepts within a communication process, intended to increase knowledge in the recipents.

KNOWLEDGE

          A old definition of knowledge as defined by Hartshorne & Weiss (1931) defines knowledge as a structured and organized information that has been developed inside of a cognitive system or is part of the cognitive heritage of an individual.   while most recently Aldo Barreto (2008) defined knowledge as information that has been appropriated by the users, adequately assimilated, which modifies the individual's mental store of information benefiting his development and the society he lives.

References
            Howard E. Aldrich(2014) "entrepreneurship and innovation" Retrieved August 15 2014 http://newcombinations.wordpress.com/2011/05/25/definitions-of-entrepreneurship/

           Belkin, N.J., & robertson (1978) The jounal of  American Society for Information Science and Technology-retrieved August 15, 2014.

           Bernecker, S., & Dretske (Eds), (2000), "Knowledge: Readings in contemporary epistemology" Oxford university Press.