Entrepreneurship

Entrepreneurship is the capacity and motivation to build up, put in order and manage a business venture along with any of its threats in order to build a profit. The most understandable example of entrepreneurship is the starting of new businesses. In economics, entrepreneurship combined with land, labor, natural resources and capital can create profit. Entrepreneurial strength is distinguished by innovation and risk-taking, and is an necessary part of a nation’s ability to achieve something in an ever varying and gradually more competitive global marketplace.