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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>
== Defining characteristics and types of entrepreneurship
*[https://startupsusa.org/what-is-entrepreneurship/#:~:text=Entrepreneurship%20is%20the%20process%20by,the%20result%20of%20its%20success. What is Entrepreneurship?], Center for American Entrepreneurship
*[https://byjus.com/commerce/what-is-entrepreneurship/#:~:text=Entrepreneurship%20is%20the%20ability%20and,the%20starting%20of%20new%20businesses. Entrepreneurship - Types of Entrepreneurship]
== See also ==
== See also ==
== External links ==
== External links ==
==References==
==References==