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'''Entrepreneurship''' is the [[creativity]] of individuals to dream up and create new products that people knew they wanted or needed. It is an essential part of [[capitalism]]. <ref>https://www.prageru.com/video/if-you-hate-poverty-you-should-love-capitalism/</ref> It is this ability that leads to the creating of a profitable new business venture. Someone skilled in entrepreneurship is called an [[entrepreneur]]. [[Innovation]] is also a big part of entrepreneurship. In a highly competitive world innovative ideas are what will separate the entrepreneurs from the rest. As innovation is key to create an outstanding product, strong brand and to build a customer network.
 
'''Entrepreneurship''' is the [[creativity]] of individuals to dream up and create new products that people knew they wanted or needed. It is an essential part of [[capitalism]]. <ref>https://www.prageru.com/video/if-you-hate-poverty-you-should-love-capitalism/</ref> It is this ability that leads to the creating of a profitable new business venture. Someone skilled in entrepreneurship is called an [[entrepreneur]]. [[Innovation]] is also a big part of entrepreneurship. In a highly competitive world innovative ideas are what will separate the entrepreneurs from the rest. As innovation is key to create an outstanding product, strong brand and to build a customer network.
 
<ref>https://startupistanbul.com/blog/2015/03/the-importance-of-innovation-in-entrepreneurship/</ref>
 
<ref>https://startupistanbul.com/blog/2015/03/the-importance-of-innovation-in-entrepreneurship/</ref>
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Studies have shown that entrepreneurs rate themselves as happier than just about any other job category. This is because their businesses allow them to earn their own success and it’s this success that makes them happy. <ref>https://www.prageru.com/video/the-promise-of-free-enterprise/</ref>
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Another one of the advantages of entrepreneurship is that one is not subject to the capriciousness of a supervisor/manager/employer when it comes to career advancement and success. In addition, one is not hampered by a lack of formal education in a given area before one pursues it.
    
== Benefits of entrepreneurship to an economy ==
 
== Benefits of entrepreneurship to an economy ==
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