Entrepreneurship

Entrepreneurship is the process of starting, developing, and managing a new business venture in order to make a profit. It involves identifying opportunities, taking risks, and mobilizing resources to establish and grow a business. Entrepreneurs are individuals who engage in entrepreneurship, often characterized by their willingness to innovate and create new products or services to meet market needs. The process typically includes conducting market research, drafting business plans, securing funding, and implementing business strategies, all while navigating challenges and uncertainties in the business environment. Entrepreneurship is a key driver of economic growth and innovation, contributing to job creation and competition in the marketplace.