- Entrepreneurship involves starting new organizations or revitalizing existing ones in response to identified opportunities. It can range from solo projects to large ventures that create many jobs. - Entrepreneurs take on high risks and are driven by a need for achievement and independence. They have an enthusiastic vision for their business and work persistently to turn their vision into reality. - Promoting entrepreneurship can support economic growth and social cohesion. Governments work to develop an entrepreneurial culture through education, legislation, and campaigns.