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Small Business Economics, 2016
Regional Studies, 2004
Procedia Economics and Finance, 2014
Entrepreneurship is an innovative and dynamic process, whereby, a new enterprise is created. Entrepreneur is a catalytic agent of change, which generates employment opportunities for others. The emergence of entrepreneurs in a society depends to a great extent on the economic, social, religious, cultural and psychological factor prevailing in the society. Entrepreneurship amongst women is a recent phenomenon. When an enterprise is established and controlled by a woman, it not only boosts economic growth, but also has many desirable outcomes.
isara solutions, 2019
Entrepreneurship can be described as the process of designing, launching and running a new business, generally a small business. It is mainly the willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. It also involves innovative activities, risk taking capacities, combination of resources, organization of people, talent and others to be successful. Now people have drifted their focus from jobs and settled career options towards a risk prone area of career option that is entrepreneurship. These days there has emerged forms of entrepreneurship such as one-person enterprises and self-employment, part-time entrepreneurs, parallel and serial entrepreneurs, and business transfer and successions. Entrepreneurship is fast emerging as transformational key drivers of economic growth. High youth unemployment rates in many countries, changing work and lifestyle preferences, zeal to establish one’s own enterprise, equal division of responsibilities between genders, changing role of women and society, dissatisfaction and exploitation in jobs have resulted in creating a new class of entrepreneurs. With the developing supportive environments such as access to funding, entrepreneurial culture, supportive regulatory and tax regimes, entrepreneurial mind-set and a coordinated approach has helped a lot in emerging entrepreneurship. Furthermore, the instrumental role entrepreneurs play in stimulating economic growth, policymakers are moving towards actively promoting entrepreneurship opportunities based on an integrated approach that brings together both government and industry entities. It is essential for the overall societal development and growth in national economy also.
Journal of Process Management. New Technologies, 2014
Entrepreneurship as a business activity is gaining in importance within the modern business system, the business segment of the engagement of an individual or group of entrepreneurs or managers of the business subsystems which solve many problems, especially in a recession economy to zoom GDP and unemployment. This business activity can not function on a case-by-case basis, as intuitive decisions of entrepreneurs, and the desire for solving individual problems. States, in entrepreneurship have a chance to see economic development, and to through its institutions provide the environment for business development and expansion.
This paper offers an alternative to the more orthodox psychological approach to the study of entrepreneurship. It suggests that an adequate theory of entrepreneurship must consider a country's political and economic history and especially the way in which this history has structured the oppor tunities for economic gain open to social groups in the society. It further suggests that due to the different historical experience of underdeveloped countries, and especially international monopoly capital, these opportunities will be differently structured in such societies. Whilst the particular structure may not lead to development, it will be maintained by the class structure and political system which emerges in such societies and which may resist attempts to alter that particular structure of economic opportunities. However, while such opportunities are so structured, analysis of entre preneurship must also consider why there might be differential response to such opportunities in a society. This, it suggests, can be explained in terms of the degree of role continuity and congruity in economic roles in the society. Consideration of both the historical and the economic role level is essential for the study of entrepreneurship.
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