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 ...
salient. 1  prominent or conspicuous: salient traits. 2  projecting or pointing outward: a salient angle. 3  leaping or jumping: a salient animal. 4  Heraldry. (of a beast) represented as leaping: a lion salient. 5  a salient angle or part, as the central outward-projecting angle of a bastion or an outward projection in a battle line.