definition of entrepreneurship is a process through which individuals
identify opportunities, allocate resources, and create value. This
creation of value is often through the identification of unmet needs
or through the identification of opportunities for change.
Entrepreneurs see "problems" as "opportunities," then take action to
identify the solutions to those problems and the customers who will
pay to have those problems solved.
Entrepreneurial success is simply a function of the ability of an
entrepreneur to see these opportunities in the marketplace, initiate
change (or take advantage of change) and create value through
solutions.
2. The one extreme an Entrepreneur is a person of very high aptitude
who pioneer change,possessing characteristics found in only a very
small fraction of the population. on the other extreme of definitions,
anyone who wants to work for himself or herself is considered to be an
Entrepreneur.
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