3 Matching Annotations
  1. Apr 2020
    1. Entrepreneurship employs what Schumpeter called the gale of creative destruction to replace wholly or partly inferior innovations across markets and industries. This destruction simultaneously creates new products and new business models.

      This definition of entrepreneurship accurately describes the nature of business in today's modern time as industries are more and more moving from 2nd or 3rd to 4th industrialization. Its evident innovation has been taking over globally with more and more countries following a "Tech-oriented" way of doing things whilst making older industries redundant/ obsolete.

  2. Mar 2020
    1. "Entrepreneurship is … the constant hunger for making things better and the idea that you are never satisfied with how things are." – Debbie Roxarzade, founder and CEO of Rachel's Kitchen

      Firstly the definition is brief, straight to the point, easy to understand; furthermore, fulfills its purpose as a motivator to keep on persisting even after success assuring continuity.