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Academic Journal of Business & Management, 2022, 4(12); doi: 10.25236/AJBM.2022.041210.

Entrepreneur: The Most Significant Component for Entrepreneurship Process

Author(s)

Ruiying Li

Corresponding Author:
Ruiying Li
Affiliation(s)

School of WMG, University of Warwick, Coventry, CV4 7AL, United Kingdom

Abstract

The entrepreneurship process fulfils several difficulties and challenges. Therefore, it is important to identify and control the most significant influence components to improve the entrepreneurship success rate. This paper stated that the entrepreneur is the most critical entrepreneurship influence factor that influences opportunities’ identification and cultivation from facilitating concept recognition, establishing social networks and building new venture paths. Indeed, investing in a new company equals investing in an individual. From this view, entrepreneurs’ targets and moral quality are also primary factors influencing firms’ success. Hence, entrepreneurs are stressed not just in innovation ventures but also in the economic development and cultural establishment.

Keywords

Entrepreneur, Entrepreneurship Process

Cite This Paper

Ruiying Li. Entrepreneur: The Most Significant Component for Entrepreneurship Process. Academic Journal of Business & Management (2022) Vol. 4, Issue 12: 54-58. https://doi.org/10.25236/AJBM.2022.041210.

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