Entrepreneurship and Its Concept
Entrepreneurship is the process of launching and developing new ideas aimed at creating innovative projects or companies that strive for profit and growth. This process involves exploring opportunities and identifying market needs, focusing on providing unique solutions or distinctive products that help meet those needs. Entrepreneurs are the driving force in this field, as they exhibit courage and a willingness to take risks to realize their vision.
Entrepreneurship requires a diverse set of skills, such as strategic thinking, adaptability to changes, and creativity in offering solutions. An entrepreneur must also possess leadership qualities and the ability to work as part of a team to achieve common goals. Additionally, they need to have a deep understanding of the market and the target audience to ensure the success of the project. These skills contribute to building sustainable and competitive ventures.
From an economic perspective, entrepreneurship plays a significant role in achieving economic development by creating new job opportunities and fostering innovation. Startups contribute to local and global economic growth and enhance market competitiveness. Moreover, entrepreneurship improves the quality of life by providing products and services that solve everyday problems or fulfill real needs