Question

what is entrepreneurship

Answer 1

entrepreneurship may be defined as a systematic innovation which consists of the purposeful and organised search for changes,and a systematic analysis of the opportunities that such change might offer for economic and social transformation.

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Answer 2

Entrepreneurship

A person who undertakes the risk of starting a new business venture is called and entrepreneur.

An entrepreneur is an individual who creates a new business, 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.

Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bring good new ideas to market. Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities. Those who fail, suffer losses and become less prevalent in the markets.