Entrepreneurship

Entrepreneurship is the practice of starting and operating a new business, typically with the goal of generating profit and addressing a market need. It involves identifying opportunities, taking calculated risks, and innovatively solving problems. Entrepreneurs, the individuals who engage in entrepreneurship, leverage resources, including capital, labor, and technology, to create and grow their ventures. The process often requires strong leadership, strategic planning, and resilience in the face of challenges. Entrepreneurship is crucial for economic development, as it fosters job creation, drives innovation, and contributes to overall societal advancement. It can take various forms, from small startups to large-scale enterprises, and can occur in diverse sectors.