What Is Entrepreneurship?
Entrepreneurship involves developing new products and or ideas and selling them. A degree in Entrepreneurship can lead to starting one's own business or becoming a small business partner. Business growth, as started through Entrepreneurship, is an important part of a thriving economy. Schools offering Entrepreneurship degrees can also be found in these popular choices.
Entrepreneurship drives the economy; without it, the economy fails because nothing is making it grow and develop. Entrepreneurship leads to new products, new ideas and new businesses, which lead to more businesses and business opportunities. According to the Bureau of Labor Statistics (BLS), www.bls.gov, businesses started through Entrepreneurship are constantly changing and expanding and make up about 75% of new businesses each year.
What Entrepreneurship Involves
Entrepreneurship requires creativity, innovation and determination - a determination to put a vision in motion and make it happen. Entrepreneurship can involve changing the way things are run on a corporate level or influencing policies that affect the way things are done on a national level. It's may also involve creating items that will be used only on a temporary basis. Examples of Entrepreneurship within the automobile industry include new cars that are environmentally sound and have better gas mileage, heated seats, easily-adjusted mirrors and DVD players for the kids.
How Entrepreneurship Works
Entrepreneurs start economic change by developing a new product or idea and Entrepreneurship makes it happen. Entrepreneurship is the process of making that product or idea into something workable and finding a way to make it work. Needs or desires are met on a local, regional, national or international scale. The best forms of Entrepreneurship influence local, national and international ways of doing things and industry sectors. Sometimes, one idea can fulfill this need for years, but in other areas, developments or changes in technology or policies are constantly influencing new ideas.
To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below: