Entrepreneurship means to establish companies and organisations on the basis of innovative business ideas and concepts. Introducing innovative products and services both dissolves and redefines the existing order of the economic cycle. Entrepreneurship is therefore a key factor for the economic and social development of a region.
Entrepreneurs seize opportunities and value creation potentials aiming to successfully establish innovation on the market while facing uncertain conditions. They solve problems and can bring about profound changes in economy and society by implementing creative ideas.