Entrepreneurship, Enterprise and Innovation: A Study on Digital Currencies in Banking Sector

Entrepreneurship,
Enterprise and
Innovation

Table of content
 Entrepreneurship, enterprise and innovation
 Entrepreneurship qualities
 Internal and external factors
 Process of a business start-up

Entrepreneurship, enterprise and
innovation
 Entrepreneurship
It is the extraction or creation of value and the ability to organise, develop
and run a business in order to make profit along with its uncertainty and it
is viewed as a change. In order to make the entrepreneur successful they
must have the ability to take the risk and must be open minded and grab
the opportunities to earn the profit.
 Enterprise
The another word used for the company or for a profit business is
enterprise. It is a project, undertaking or business venture, willingness to
take part on a new project. It is mostly associated with entrepreneurial
ventures. In business enterprise it is generally used with the word
business.

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Entrepreneurship Theory:
Theory of Social Behaviour
 The behavioural model of entrepreneurship is presented
by Kunkel. The supply of entrepreneurs is a function of
political, economic and social structure. Individual
performs various or different activities by which some
activities are accepted by the society and some are not
accepted and the accepted are treated as reward for an
organisation. There is generally consistency between
structures, actual incidence and objectives of
entrepreneurs. In practice it is also governed by particular
combination of circumstances and that are normally not
available in the environment.