Few topics in the business area have attracted more attention among academics and journalists than entrepreneurship and this report describes efforts to reach a consensus on a fundamental question: “what is entrepreneurship?” Efforts to make the traits and characteristics of the individual “entrepreneur” have led to unsatisfactory results and it would appear that the more viable and useful approach is to view entrepreneurship as a process that includes the discovery, enactment, evaluation and exploitation of opportunities to create future goods and services.
Definitions of Entrepreneurship
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