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Management Concepts & Organisational Behaviour - Creativity And Innovation

Entrepreneurship - Creativity And Innovation

   Posted On :  19.05.2018 11:21 pm

It has now been fully recognized all over the word that entrepreneurship is the critical input for the economic development.

Entrepreneurship
 
It has now been fully recognized all over the word that entrepreneurship is the critical input for the economic development. Entrepreneurs are the people who identify new opportunities and exploit them. In the process, they contribute immensely for the growth of any nation by providing goods and services. Basically, entrepreneur sees a need and then brings together the manpower, materials, and capital required to meet that need. It involves the shifting of resources from ‘low productivity’ areas to ‘high productivity’ areas. Needless to say that in the absence of entrepreneurship, which acts as a catalyst agent, resources would remain simply unexploited and noting worthwhile happens in any economic system.

 

Tags : Management Concepts & Organisational Behaviour - Creativity And Innovation
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