Definition: Entrepreneurship refers to the process of creating, developing, and managing a new business or venture with the aim of generating profit, value, or social impact. Entrepreneurs are individuals who take on the role of initiating and driving these new business endeavors. Entrepreneurship involves a combination of innovation, risk-taking, creativity, and strategic thinking. Some key aspects of entrepreneurship: Innovation: Entrepreneurship often revolves around innovative ideas, products, services, or processes that address a specific need or solve a problem in the market. Entrepreneurs are known for their ability to identify opportunities and come up with novel solutions. Risk-Taking: Entrepreneurship inherently involves risk-taking, as entrepreneurs invest their time, money, and effort into a new venture without guaranteed outcomes. They take calculated risks, balancing potential rewards with potential losses. Creativity: Entrepreneurs need to think creatively to develop