"Entrepreneurship is created by environment" Discuss
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Explanation:
entrepreneurship environment refers to the various facets within which enterprises- big, medium, small and other 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.
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It is created by the environment as it functions in various interconnected environemnts.
- The elements of the entrepreneurial environment in which large, medium, small, and other businesses must function are referred to as the facets of the entrepreneurial environment.
- The environment has a direct effect on the firm. Generally, the effect is created by social, economic, government, legal, and other factors having an impact on entrepreneurship.
- Entrepreneurs require a predictable economic climate/culture accepting success and failure with equanimity, a regulatory environment where trust is paramount, and a public environment where they may take pride in their contribution to the nation.
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