Entrepreneurship
Entrepreneurship is the act of innovating to create new products and services. This can include identifying new potential product markets, filling consumer needs that were previously unmet, or even finding more efficient ways of running a business. Entrepreneurship necessarily involves uncertainty, in that demand for a new product or service is almost impossible to quantify. When attempting to foster entrepreneurship, managers must balance this risk with the potential rewards. Economics and technology can create hubs of concentrated entrepreneurial activity, such as in California’s Silicon Valley.
Related Articles
Soaring Appetite for Executive Courses in Asia
By Seb Murray on Feb 24, 2023
The region's economic dynamism is attracting executives from around the world who want to develop a more global perspective
Business Schools Forge Ahead with Online Courses
By Seb Murray on Jan 27, 2023
Even as pandemic restrictions have been loosened, online methods of delivery have become a permanent fixture of executive education, swelling digital enrolments
Business Schools Plan a Hybrid Future for Executive Education
By Seb Murray on Oct 18, 2022
Blending online learning with face-to-face sessions is a popular model in a post-Covid world
Executive Programs in Entrepreneurship and Innovation
By Seb Murray on Apr 13, 2021
Executive education is playing an important role in strengthening the start-up scene, as well as nurturing innovation within established corporations