Lecture 20_Entrepreneurs Flashcards
(3 cards)
1
Q
What is an entrepreneur?
A
Someone who creates a new business, assumes risk, and aims to make a profit, often by bringing innovative ideas to market.
2
Q
What is innovation-driven entrepreneurship (IDE)?
A
A form of entrepreneurship focused on scaling innovative technologies or business models for global markets and high impact.
3
Q
How does innovation-driven entrepreneurship differ from SME entrepreneurship
A
IDE focuses on innovation, global reach, and exponential growth, while SMEs often focus on local markets with linear growth and less innovation.
