Tech Glossary
What is Entrepreneurship?
Entrepreneurship is an ability to identify and create new business opportunities. It's about seeing opportunities and being able to take the initiative to create value. It is an ability to think outside the box and see opportunities that others do not. It is an important skill for anyone who wants to run their own business, but also for employees of companies who want to be involved in developing new ideas and business opportunities. Entrepreneurship is often compared to other competencies such as innovation and business development. Innovation is about creating something new, while business development is about developing existing business ideas and companies.