Innovation and entrepreneurship are commonly used terms which can often be used interchangeably, but there are important differences to understand when defining both concepts. Innovation is a process of creating new ideas and applying them to solve problems and create value. Entrepreneurship involves taking these ideas to market and leading the process of creating new businesses or…

Working for an employer and starting your own business are two entirely different things. Heads of large corporations across the world can often make it seem glamorous to be an entrepreneur. While it may seem like a dream to many, operating a business can involve a great deal of responsibility, risk and hard work. On…

Serial entrepreneurship is the concept of launching and managing multiple businesses or startups over time. It is an approach in which entrepreneurs launch businesses, make them successful and then move onto the next businesses all while managing multiple businesses at the same time. Serial entrepreneurs often use the same skill set to build multiple successful businesses.…

Women’s Entrepreneurship Day (WED) is an annual global celebration to recognize and support female entrepreneurs in over 144 countries. WED was founded to empower, celebrate and support women entrepreneurs globally. The day encourages organizations, brands, supporters and champions of women’s entrepreneurship to cooperate by creating innovative ways to come together to advance the cause for…

Government plays a pivotal role in promoting entrepreneurship, which is essential for economic growth and stability. Government initiatives can play a crucial role in creating a favorable environment and making it easier for businesses to succeed. One of the key ways in which the government can promote entrepreneurship is by minimizing barriers to entry for startups.…

Entrepreneurship and management share many similarities. From recognizing opportunities and creating strategies to problem-solving and managing resources, both disciplines involve skills that can potentially help businesses grow. Additionally, the two disciplines are often intertwined with each other. In this article, we will take a closer look at the similarities between entrepreneurship and management, and explore…

Entrepreneurship is a process of identifying opportunities, assembling resources, and initiating actions to exploit these opportunities. It is a risk-taking behavior that leads to reward in the form of economic gain or independence. Individuals who demonstrate this type of behavior are often described as entrepreneurs – individuals who wish to assume greater control over their own…

A job is one of the most common paths to financial security and stability. It offers a steady, predictable salary and offers stability and job security. With a job, you will also have clear boundaries between work and life, with a set time to come in and leave. Also, you will have a specific set…

Corporate entrepreneurship is best described as the enthusiasm and creative spirit of employees in an organization to create new products and services, or to launch new business ventures. This type of entrepreneurship has the potential to create competitive advantage, as it can build upon existing competencies, systems & processes already established in an organization. In…

Corporate entrepreneurship is a term that refers to entrepreneurial activities that are conducted within a large corporation in order to bring new and innovative ideas and products to market. It is an important concept in business strategy today, as it can create new opportunities for growth, reach new markets, and stimulate innovation in an organisation. In…