What is Entrepreneurship ?

Professional application of knowledge, skills and competencies  and/or of monetizing a new idea by an individual or set of people by launching a new enterprise or diversifying an existing one , thus to pursue growth while generating wealth, employment and social good.

Crucial characteristics of entrepreneurial activity are: risk taking, innovation and venturing into new business activities for profit.

Role of Entrepreneurship in the economy

  • Increasing opportunities for employment.
  • Wealth creation.
  • Introduction and dissemination of new methods and technology.
  • overall economic growth.

 

About Entrepreneurs

 

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