Entrepreneurship and Small Business Management

Entrepreneurship and Small Business Management in academic settings focus on transforming innovative ideas into viable businesses, often initiated by students or faculty in universities. This involves recognizing market opportunities, developing business plans, securing funding, and effectively managing resources. Academic entrepreneurship fosters a culture of creativity and risk-taking, where research and knowledge can lead to the creation of startups. Small business management teaches essential skills, such as marketing, finance, and operations, enabling entrepreneurs to lead their ventures successfully while contributing to economic growth and job creation.