Entrepreneurship is, and continues to be, important to every industry sector in most advances countries. Its importance can be shown in three areas; innovation, number of new start ups, and job creation. Innovation: Innovating is a process of changing, experimenting, transforming, revolutionizing, and a key aspect of entrepreneurial activity. The “creative destruction” process that characterizes […]
Entrepreneurship : What Do Entrepreneurs Do?
Entrepreneur a person who takes the risks necessary to organize, manages a business, and receives the financial profits and nonmonetary rewards. An entrepreneurial person employed by a corporation and encouraged to be innovative and creative. The entrepreneur, according to French economist J.B. Say, is a person who shifts economic resources out of an area of […]