Entrepreneurship
Abstract
We begin Part II of the book and switch to the concept of entrepreneurship in this chapter. We begin by again defining what we mean by entrepreneurship, given the plethora of definitions since the early work of Joseph Schumpeter, and discuss how that is different from innovation. We discuss briefly the entrepreneurial process that results in the creation of new ventures and then talk about the factors that drive entrepreneurship.
Keywords
Efficiency-driven
Entrepreneurial environment
Entrepreneurial process
Factor-driven
Global Competitiveness Index (GCI)
Innovation-driven
US, China, and India: entrepreneurship
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