Entrepreneurship refers to the concept of developing and managing a business venture in order to gain profit by taking several risks in the corporate world. In other words, it is the willingness to start a new business. An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. He is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. Traditionally, entrepreneurship is categorized into four main types: small businesses, scalable startups, large companies and social entrepreneurs. The profits that an entrepreneur makes is with a combination of land, natural resources, labour and capital resources. Entrepreneurship is important because: it creates employment opportunities, increase the standard of living, supports research and development, helps in growth of economy etc. The presentation can provide you with adequate materials.

Sruthy Santhosh

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