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What does entrepreneurship mean is the creation or extraction of value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones


What does entrepreneurship mean more narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.The people who create these businesses are often referred to as entrepreneurs


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