Effects of entrepreneurship in education;
Entrepreneurship is the creation or extraction of economic value.
Furthermore it may include other values than simply economic ones.
An entrepreneur is an individual who creates and/or invests in one or more businesses.
Although bearing most of the risks and enjoying most of the rewards.
Also, The process of setting up a business is entrepreneurship.
In addition, the entrepreneur is an innovator.
Moreover, he is a source of new ideas, goods, services, and business.
In other words entrepreneurship is the process of designing, launching and running a new business.
In addition,it is often similar to a small business.
Also it is the “capacity and willingness to develop, organize and manage a business.
Although this venture comes along with any of its risks to make a profit.”
The people who create these businesses are often referred to as entrepreneurs.
While definitions of entrepreneurship focus on the launching and running of businesses.
Although it is due to the high risks involved in launching a start-up.
However a significant proportion of start-up businesses have to close due to “lack of funding.
Other issues include bad business decisions, government policies, and economic crisis.
Furthermore,entrepreneurship describes activities on the part of both established firms and new businesses.
In this article you will learn some of the positive effects of entrepreneurship in education;
1. It aids creativity:
Entrepreneurship allows students to think outside the box.
Although the students may acquire skills that are useful for them.
They can also develop and create more skills. This aids the creativity of the students.
2. It helps students to develop problem solving skills:
Entrepreneurship is a different form of education that allows students to create solutions to problems.
In addition, the students are able to think of ways to solve different problems.
This makes it easier for them to develop problem solving skills.
3. It provides job opportunities:
Students who are well educated on entrepreneurship can create job opportunities for themselves and even others.
This will help to reduce the rate of unemployment.
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