Pages

Concept And Meaning Of Entrepreneurship

Master Your Time, Master Your Life - Discover the breakthrough system to get more results, faster, in every area of your life at BrianTracy.com. Get the FREE First Chapter - Download Now!
The process of discovering new venture with creativity and innovation is called entrepreneurship. Entrepreneurship requires assumption of risk and reaping of awards. It brings resources together and provides option for self-employment to an individual. Entrepreneurship also creates employment opportunity for others.

Entrepreneurship is a mind set of creativity and risk taking. It is a process of identifying opportunities and bringing together factors of production to exploit these opportunities.Entrepreneurship results in creation of new venture by planning, organizing, operating and assuming the risk. It always aims for innovation, profitability and growth.

The entrepreneurial spirit has appeared as the engine of economic development. Entrepreneurship has resulted in millions of new ventures in the world. Entrepreneurship has appeared as the driving force for industrial and economic development. Therefore, the interest in the concept of entrepreneurship is growing in today's world.

Related Posts
Characteristics Of Entrepreneurship
Functions Of An Entrepreneur
Difference Between Entrepreneur And Intrapreneur

2 comments:

  1. This comment has been removed by the author.

    ReplyDelete
  2. Great article, i foud this very interesting, keep it up. Love the way you do share with us such a great info. Will definitely share with this on other webistes & make sure to tell all of my friends about this. Also i'd like to mention this article https://collegewritingservicesreviews.jimdo.com/essay-usa-review/ it has made my life so much easier since i first found it, so make sure to check it)

    ReplyDelete