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Definition
Entrepreneurship is the process of designing, launching, and running a new business. The people who create these businesses are called entrepreneurs. (wikipedia)
The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. (businessdictionary.com)
Upon completion of this chapter, the student will be able to:
- understand the meaning and role of entrepreneurship
- describe the characteristics of entrepreneurial ventures
- describe how technology and globalization are changing the Canadian workplace
- describe the impact that entrepreneurs have on a community
- explain the connection between entrepreneurship and the creation of jobs and wealth
- describe the contributions that intrapreneurs can make in the workplace
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