"Entrepreneurship is the creation or extraction of economic value."
The process of creating a business idea and launching a business venture.
Entrepreneurial mindset: Understanding the mindset, characteristics, and traits needed to be a successful entrepreneur.
Business plan development: Learning how to create a comprehensive business plan that identifies target markets, develops strategies for attracting customers, and outlines financial projections.
Entrepreneurial finance: Understanding the financial aspects of starting and running a business, including funding sources, financial planning, and risk management.
Marketing: Understanding consumer behavior, identifying target markets, and developing effective marketing strategies.
Product development and innovation: Understanding the process of developing innovative products from ideation to commercialization.
Sales and customer service: Learning techniques for effective sales, customer retention, and customer satisfaction.
Leadership and management: Developing the skills to manage and lead a team, including effective communication, motivation, and decision-making.
Intellectual property: Understanding the importance of protecting intellectual property and strategies for identifying and managing IP assets.
Legal and regulatory compliance: Learning about relevant laws and regulations that affect starting and running a business.
Technology and digital media: Understanding how technology and digital media impact business operations, and how to leverage these resources to grow a business.
Entrepreneurial networking: Developing a network of peers, mentors, and other entrepreneurs to exchange ideas, gain support, and build relationships.
Social entrepreneurship: Exploring ways to create businesses that have a social impact and address social challenges.
International entrepreneurship: Understanding the opportunities and challenges of starting and growing a business in a global marketplace.
Growth strategies: Learning strategies for growing and expanding a business, including mergers and acquisitions, franchising, and strategic partnerships.
Entrepreneurial failure and resilience: Learning to navigate failure and bounce back from setbacks, including dealing with rejection, pivoting strategies, and managing risk.
Traditional Entrepreneurship: This is the most common form of entrepreneurship where an individual starts a business, takes on the risk, and earns a profit.
Social Entrepreneurship: Social entrepreneurs invest in ventures that have a positive social impact. They may choose to provide access to education, create job opportunities or promote environmental sustainability.
Educational Entrepreneurship: Educational entrepreneurship focuses on creating new approaches to learning and development within the education system, from early childhood through to higher education.
Intrapreneurship: This is entrepreneurship within an existing company where employees work on innovative projects that generate new revenue streams for the organization.
Online Entrepreneurship: This type of entrepreneurship involves creating an online business, such as an e-commerce store, a blog or a consulting service.
Franchise Entrepreneurship: Franchise entrepreneurs take advantage of already established businesses and model. They operate under the franchisor's name and brand, which offers training and support in exchange for a fee.
Green Entrepreneurship: Green entrepreneurs focus on developing and promoting environmentally sustainable products and practices.
Cultural Entrepreneurship: Cultural entrepreneurs focus on preserving, promoting, and developing art, music, and other cultural practices that reflect a particular community or region.
Nonprofit Entrepreneurship: Nonprofit entrepreneurs build organizations that address a social issue and do not focus on profit-making.
Diaspora Entrepreneurship: This form of entrepreneurship involves individuals who come from one country and start businesses in another country while leveraging their cultural and linguistic expertise to create opportunities.
Academic Entrepreneurship: Refers to the process of creating and managing a business while working in a research-based academic environment.
Craft entrepreneurship: Involves creating handmade products or services which stem from traditional techniques of a specific craft.
Corporate Entrepreneurship: Building a new idea or venture within a corporate structure'' or taking on new and innovative projects within a corporate entity and bringing those ideas to fruition.
"With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones."
"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 process of setting up a business is known as 'entrepreneurship'."
"The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures."
"More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the 'capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.'"
"A significant proportion of start-up businesses have to close due to 'lack of funding, bad business decisions, government policies, an economic crisis, a lack of market demand, or a combination of all of these.'"
"In the field of economics, the term entrepreneur is used for an entity which has the ability to translate inventions or technologies into products and services."
"In this sense, entrepreneurship describes activities on the part of both established firms and new businesses."
"While definitions of entrepreneurship typically focus on the launching and running of businesses..."
"Entrepreneurship is the creation or extraction of economic value."
"With this definition, entrepreneurship is viewed as change..."
"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."
"A significant proportion of start-up businesses have to close due to 'lack of funding, bad business decisions, government policies, an economic crisis, a lack of market demand, or a combination of all of these.'"
"In the field of economics, the term entrepreneur is used for an entity which has the ability to translate inventions or technologies into products and services."
"More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business..."
"A significant proportion of start-up businesses have to close due to 'lack of funding, bad business decisions, government policies, an economic crisis, a lack of market demand, or a combination of all of these.'"
"With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business..."
"The people who create these businesses are often referred to as 'entrepreneurs'."