In the business world, entrepreneurship means to have the skill of intuiting the opportunities the economic environment we live in has created, making dreams of those intuitions, turning dreams into projects, taking projects to life and making human life easier by generating wealth.
Entrepreneurship forms the main dynamic of economic growth and has strategic importance for developing economies because gaining profit, activating the unused potential, and creating new business areas can be realized by encouraging entrepreneurs. Thus, entrepreneurship activities constitute an economic basis for regional and country-wide development. Moreover, it leads to the most efficient way of introducing new goods and services to markets and increasing employment.
Why Entrepreneurship?
– It is now visible that entrepreneurship has become a primary element in countries’ development strategies such as economic growth, employment, and social progress. The main reason for this interest results from a remarkable value increase in the activities of new companies and the results obtained. Big companies that have been in an efficient position on the economy in previous years have had difficulty in maintaining their former accomplishments in today’s work environment, and therefore, decreases in accomplishments of those companies have caused the increase in entrepreneurship attempts.
– It is vital for a company to raise investors that can create economic values for its development and growth and have the dynamism to comply with rapidly changing conditions that accelerate growth.
– Entrepreneurship is one of the primary factors that stands out in the transition from the industrial society to information society and determines economic growth.
– The most important two cornerstones of the new economy are entrepreneurship and innovativeness. Combining economic, social, cultural, technological, psychological, personality traits and demographic elements, entrepreneurship arise upon high entrepreneurship motivation and entrepreneurship spirit of individuals and their willingness in entrepreneurship activities.
