Urban Entrepreneurship
Urban Entrepreneurship
Entrepreneurship as a modern phenomenon has found an effective role in economical development and advancement of countries. Nowadays Entrepreneurship has a key role in market-based and competitive economy. In other words, in dynamic economy ideas, products, and services are constantly changing and meanwhile it is the entrepreneur who designs a pattern to cope with these new conditions and gives advices for adapting to them. Thus in a great expanse, all active elements in the economy scene (consumers, producers, investors) should engage in entrepreneurship and be entrepreneur in their parts.
Urban entrepreneurship is an attempt to make entrepreneurial subjectivity and skills and indeed entering these attitudes and characteristics into the culture and activities of different offices of a city.
- Solving Community Problems – local leaders are stepping up and creating products and services based on community needs.
- Limited/Local Resources – urban entrepreneurs aren’t usually an extension of a big corporation or come from generations of wealth.
- Economic Empowerment – the businesses created aim to be scalable solutions and to leave a positive, lasting impact on customers and community.
- Focused on the Individuals Creating Jobs and Businesses – the resources are focused around the entrepreneur as the one to pioneers commerce in their region.
