Question

Entrepreneurship is created by environment. Discuss.

Answer 1

Entrepreneurial Environment  Entrepreneurial Environment is a combination of factors that play a role in the development of entrepreneurship.  First, it refers to the overall economic, socio- cultural, and political factors that influence people's willingness and ability to undertake entrepreneurial activities.

Answer 2

Answer:

The entrepreneurship environment refers to the various facets within which enterprises- big, medium, small, and others have to operate. The environment, therefore, influences the enterprise. By and large, an environment created by political, social, economic, national, legal forces, etc influences entrepreneurship.

Explanation:

• Environmental entrepreneurship (otherwise referred to as “ecopreneurship”) can be defined as the process of entrepreneurship applied in order to create businesses that solve environmental problems or operate sustainably.
• Due to the high level of competition in the market, it is important for both businessmen as well as their employees to be involved in the constant process of learning and improving personal skills and abilities like creativity, determination, communication skills, and vision for new business chances.