Genesis ? Creating Value Through Entrepreneurial Initiatives

Entrepreneurship and its evolution are context-dependent. According to economists, entrepreneurship and its creation (organizations) are a result of inappropriate value-price composition in the marketplace. This view, of course, assumes reasonable efficiency in the economic environment. From technological perspective, entrepreneurship is technology-driven and innovation-enabled. It is a means by which superior products and services can be identified and delivered in a competitive or consumer-sensitive market. A third view suggests that entrepreneurship is a business process by which creative individuals (creative) seek and identify market opportunities and organize a set of activities to respond positively to such opportunities.