As you start a business and then work to build your start-up, often you will hear about the four types of entrepreneurship: Small Business Entrepreneurship, Scalable Start-up Entrepreneurship, Social Entrepreneurship and Large Company Entrepreneurship.
Entrepreneurship is when an individual who has an idea acts on that idea, usually to disrupt the current market with a new product or service.
Entrepreneurship usually starts as a small business but the long-term vision is much greater, to seek high profits and capture market share with an innovative new idea.
Entrepreneurship is a discipline with a knowledge base theory.
It is an outcome of complex. socio-economic, psychological, technological, legal and other factors.
It is a dynamic and. risky process.