Entrepreneurship

Entrepreneurship is the process of designing, launching, and running a new business, which is often initially a small business. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

History

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Types of Entrepreneurship

• Small Business Entrepreneurship: Focuses on the creation of small businesses that may not seek significant growth.
• Scalable Startup Entrepreneurship: Involves businesses designed to scale up quickly, often supported by venture capital.
• Social Entrepreneurship: Aims to address social issues through innovative solutions while achieving social change.
• Corporate Entrepreneurship (Intrapreneurship): Involves employees within a company who act as entrepreneurs to create new products or services.

Characteristics of Entrepreneurs

[Discuss key characteristics commonly associated with successful entrepreneurs, such as innovation, risk-taking, and resilience.]

Challenges in Entrepreneurship

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Impact of Entrepreneurship

[Discuss how entrepreneurship contributes to economic growth, job creation, and innovation.]

See Also

• Small business
• Startup
• Business model
• Innovation
• Risk management

External Links

• [Link to relevant organizations, resources, or publications related to entrepreneurship]