“both the Spanish word ‘empresa‘ and the French and Latin expression ‘entrepreneur‘ derive etymologically from the Latin verb in prehendo-endi-ensum, which means to discover, to see, to perceive, to realize, to attain; and the Latin term in prehensa clearly implies action and means to take, to catch, to seize. In short, empresa is synonymous with action.”

Huerta de Soto, Jesus. 2010. Socialism, Economic Calculation and Entrepreneurship. Cheltenham, UK: Edward Elgar. As quoted in Foss, Nicolai J. and Peter G. Klein. 2012. Organizing Entrepreneurial Judgment. Cambridge, UK: Cambridge University Press.

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