This entrepreneurial alertness is crucial to the market process. Disequilibrium represents a situation of widespread market ignorance. This ignorance is responsible for the emergence of profitable opportunities. Entrepreneurial alertness exploits these opportunities when others pass them by.
Sapiens, a Latin word meaning wise, may refer to: Berengarius Sapiens, a designation for Berengar the Wise, the count of Toulouse (814-835) and duke of Septimania (832-835) Felis sapiens (also Felix sapiens), a fictional, sentient, humanoid species from the Red Dwarf television series Gaius Laelius Sapiens (ca. 188 BC-?), a Roman statesman Gildas ...
In modern Western philosophy, sentience is the ability to experience sensations (known in philosophy of mind as  qualia ). In Eastern philosophy, sentience is a metaphysical quality of all things that requires respect and care.n Jainism, all matter is endowed with sentience; there are five degrees of sentience, from one to five. Water, for example, is a sentient being of the first order, as it is considered to possess only one sense, that of touch. Man is considered a sentient being of the fifth order.