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In this article we will understand Entrepreneurship.
Entrepreneurship is the desire to take risks, the desire for income and prestige, thinking, technique and methodology.
Entrepreneurship is the cornerstone of industrial, economic and social progress. It is possible to redress the nation’s poverty, unemployment, economic inequality etc. through the creative thinking of entrepreneurship.In this way entrepreneurship works to connect business, society and environment.
It is not only a source of livelihood but also important technology for the development of skills and personality.
Entrepreneurship is a purposeful action of an individual or a group of individuals in which an integrated series of decisions is involved. It produces, operates and develops a lucrative business unit for the production or distribution of economic goods and services.