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
Why Executive Education Pays Off Long After the Course Ends
From enduring peer networks to opportunities for continued learning, alumni say the impact of executive education often emerges well after they return to work.
How to Pay for an Executive Course Without an Executive Salary
By Seb Murray on Oct 17, 2024
From approaching an employer to finding grants, there are several options that can give students the financial means to get an executive degree.
Executive Education: a Path to the C-Suite
By Seb Murray on Sep 20, 2023
Business schools are now offering programs that help fast-track executives to the upper echelons of business
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