How is entrepreneurship defined in this course?

Entrepreneurship in this course is defined as a process of designing and implementing business models capable of diffusing innovations. This understanding highlights the dynamic nature of entrepreneurship, focusing on how entrepreneurs create value through new ideas and innovations that meet the needs of the market. The emphasis on designing and implementing business models reflects the importance of strategic planning and execution in bringing innovative ideas to life, which is essential for successful entrepreneurship. This definition encompasses various aspects of entrepreneurship, including creativity, problem-solving, and the ability to adapt to changing circumstances, which are critical for fostering innovation and driving economic growth.