Mppsc, Paper-4, Part-B, Unit-1, Process of Entrepreneurship: Creativity, Ideas Generation, Analysis & Business Plan
§Process of Entrepreneurship :- "It is the process of starting & developing a company with the aim of developing something new to market." Following pivotal process of Entrepreneurship - 1) Creativity - ×} It signifies the art of giving birth to novel ideas. ×} It is the driver of innovation & significant factor in the development of individual , personal , entrepreneurship & social base . ×} It is a necessary behaviour which is valued in the organisation. ×} It is the non-stop process which requires parties to work & constantly improve ideas & solution . ×} As per Srica , "Creativity is a treasure & a basic motivator of success." Importance of Creativity - ×} It is one of the most required skills nowadays. ×} The importance of creativity in business is also helps employers to gain compititive advantages. ×} It helps in boosting the personality of employees. 2) Idea Generation - ×} It is first stage of new idea . ×} In th...
