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Entrepreneurship ecosystems commonly refer to academic programs within a university that focus on the development of student/graduate entrepreneurs and/or the commercialization of technology or intellectual property developed at the university level. [11][12] However before the entrepreneurial ecosystem can bloom, the education system must ...
Lifestyle business. A lifestyle business (also referred to as a lifestyle venture)[1] is a business set up and run by its founders primarily with the aim of living or maintaining a certain lifestyle. It's meant to be a business which adjusts to the lifestyle - so that the founder can live their life as they like (and oftentimes already do).
Startup ecosystem. A startup ecosystem is formed by people in startups in their various stages, and various types of organizations in a location (physical or virtual) that are interacting as a system to create and scale new startup companies. These organizations can be further divided into categories such as universities, funding organizations ...
Elements. Entrepreneurship includes the creation or extraction of economic value. [ 11 ][ 12 ][ 13 ] It is the act of being an entrepreneur, or the owner or manager of a business enterprise who, by risk and initiative, attempts to make profits. [citation needed] Entrepreneurs act as managers and oversee the launch and growth of an enterprise.
Startup company. A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. [1][2] While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond ...
Willing To Fail. Brian Scudamore (b. March 16, 1970) is an American–born, Canadian entrepreneur. He is the founder and CEO of O2E Brands, [1] the parent company of 1-800-GOT-JUNK?, WOW 1 DAY PAINTING, and Shack Shine. He is a regular contributor to Forbes, writing about small business ownership, franchising, and building corporate culture.
Leapfrogging. Leapfrogging is a concept used in many domains of the economics and business fields, and was originally developed in the area of industrial organization and economic growth. The main idea behind the concept of leapfrogging is that small and incremental innovations lead a dominant firm to stay ahead.
Social entrepreneurship. Student organizers from the Green Club at Newcomb College Institute formed a social entrepreneurship organization in 2010 that aimed to encourage people to reduce waste and live in a more environmentally conscious way. Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in ...