The word entrepreneur is derived from a French word. However they
are the ones who perform the functions of entrepreneurship. They launch new
ventures. They are creative individuals. They have vision and inspiration to
create new business. They identify new business opportunity and take advantage
of it. They are the risk takers and better informed and possess greater
experience. Above all, they are achievement oriented individuals driven to seek
new challenges and accomplishment. However, in more precise terms, it is a
visionary individual who...
Sunday, December 28, 2014
Meaning of Enterpreneurship
Well,
it is being one of the hot topics in the current situation. However, it
is the process of creating new ventures. It usually embarks on with some
innovative idea. The matter of fact is, it identifies opportunities, mobilizes
and invests resources to exploit those opportunities which basically involves
innovation. Entrepreneurship is the process of exploiting opportunities by
creating new venture through resource pulling, risk taking, innovating and
managing for rewards. Entrepreneurship results in the creation and management
of business...
