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Entrepreneurship

Entrepreneurship is the process of creating, developing, and managing a new business or venture in order to make a profit. It involves identifying a market need, innovating a product or service to meet that need, and taking on the financial risks associated with starting and running a business. Entrepreneurs are individuals who initiate these ventures, often characterized by their willingness to take risks, their creativity, and their ability to navigate uncertainties in the business environment. They play a crucial role in economic growth by driving innovation, generating employment opportunities, and increasing competition in the marketplace.