Entrepreneurship

Entrepreneurship is the process of identifying, creating, and pursuing new business opportunities or ventures. It involves the ability and readiness to develop, organize, and manage a business enterprise, typically with some degree of financial risk. Entrepreneurs are individuals who initiate and innovate by transforming ideas into products or services, aiming to solve problems or meet market needs. This process often includes planning, resource allocation, and the execution of strategies to establish a business, sustain its growth, and achieve profitability. Entrepreneurship is considered a key driver of economic development, as it fosters innovation, competition, and job creation within societies.