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Entrepreneurs: Those who create and grow enterprises. There are six types of entrepreneurs:
- Aspiring Entrepreneurs: Those who are attracted to the idea of creating enterprises, including young people.
- Survival Entrepreneurs: Those who resort to creating enterprises to supplement their incomes.
- Lifestyle Entrepreneurs: Those who create enterprises in order to pursue a certain lifestyle or live in a particular community.
- Growth Entrepreneurs: Those who are motivated to develop and expand their businesses that create jobs and wealth.
- Serial Entrepreneurs: Those who go on to create several growth businesses.
- Social Entrepreneurs: Those who create and grow enterprises or institutions that are primarily for public and community purposes.
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Entrepreneurship: The process through which entrepreneurs create and grow enterprises. This process includes four critical elements: opportunity recognition, idea creation, venture creation and operations, and creative thinking.
- Entrepreneurship Development: Refers to the infrastructure of public and private supports that facilitate entrepreneurship.
- Entrepreneurial Communities: Those where there is significant economic and social entrepreneurial activity and where there is an effective system of entrepreneurship development.
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Last Updated ( Thursday, June 26, 2008 )
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