Entrepreneurship aspects

The word entrepreneurship has come to have many definitions. One commonly used definition is the process by which individuals pursue opportunities without regard to resources they currently control. One of the key aspects of this definition is that entrepreneurship is a process. This has several implications. First of all, a process is something that can be taught and is something that is repeatable. It also implies characteristics of passion and perseverance. In pursuing opportunities without regard to resources currently controlled, the entrepreneur must believe in and have a passion to succeed that will carry him or her through difficult... 

Understanding the process of entrepreneurship and its application is one of the most important aspects of learning entrepreneurship because it provides a structured approach that can repeated, analyzed, and improved on. For these reasons, integrating the process of entrepreneurship into pharmacy practice is likely to provide a methodology that can increase the success of entrepreneurial activities. 

One of the most important aspects of entrepreneurship is protecting the idea, referred to as intellectual property. Intellectual property can take many forms, from logos, to products, to business processes, as some examples. Types of protection include copyrights, trademarks, and patents (Allen, 2003). 

Engineering Entrepreneurship includes by reference all of the aspects of Societal and Enterprise Context (4.1 and 4.2), aU of the skills of Conceiving, Designing, Implementing and Operating (4.3. 6) and all of the elements of Engineering Leadership (4.7). In addition, there are the entrepreneurship specific skills ... 

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