Entrepreneurship
Understand the Problem
The question is asking about the concept of entrepreneurship, which involves the process of starting and running new businesses, typically with a focus on innovation and risk-taking.
Answer
Entrepreneurship is creating a business for new ideas, involving risk to generate profit and innovation.
Entrepreneurship is the process by which an individual or a group creates a business to bring new ideas, goods, or services to market, aggregating capital and labor for profit. It's typically associated with risk but can lead to economic wealth and innovation.
Answer for screen readers
Entrepreneurship is the process by which an individual or a group creates a business to bring new ideas, goods, or services to market, aggregating capital and labor for profit. It's typically associated with risk but can lead to economic wealth and innovation.
More Information
Entrepreneurship involves bringing new or improved goods and services to market, typically requiring innovation and a readiness to take on significant risk. It's often seen as a driving force for economic growth and technological advancement.
Tips
Confusing entrepreneurship with simple business management. Remember, entrepreneurship is about innovation and bringing something new to market.
Sources
- The web page with info on - Example Source - investopedia.com
- What is entrepreneurship? | Stanford Online - online.stanford.edu
- Entrepreneurship - Wikipedia - zh.wikipedia.org
