Thursday, October 4, 2012

an entrepreneur is different from other people in a society.

For economists, entrepreneurship is about making a difference in the market.  All economists agree that an entrepreneur is different from other people in a society. 

An entrepreneur is a person who introduces a new product/service or improves the existing one, or introduces the same product/service in new markets through innovation, dynamism, risk taking, and alertness.

Evidence reported in the entrepreneurship literature shows that entrepreneurs are significantly more innovative than non-entrepreneurs.Innovativeness relates to perceiving and acting on business activities in new and unique ways.
 

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