The process approach to entrepreneurship emphasizes fluidity.
Creating or removing economic value is what is meant by entrepreneurship. According to this definition, entrepreneurship is considered a transformation that typically involves greater risk than is typical when beginning a business and may also involve values other than just financial ones. An individual who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is known as an entrepreneur. Entrepreneurship is the practice of starting a business. The entrepreneur is frequently viewed as an innovator, a source of fresh concepts for products, services, businesses, and operational methods. Small enterprises, scalable startups, major firms, and social entrepreneurs are the traditional divisions of entrepreneurship.
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