A Research Study On Entrepreneurship Essay

1430 Words Feb 5th, 2016 6 Pages
Introduction Entrepreneurship (fr. “entreprendre”- to undertake, to begin something) today is a rising and growing business power, which spreads across the world in an ongoing manner, especially in developed countries. Nowadays, there are numerous terminations or explanations of this word and practice. Among them is one by Onuoha (2007), which states that entrepreneurship is ' 'the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in response to identified opportunities ' '. It goes without saying that entrepreneurial activity varies among countries according to their GDP, and across levels of economic development in various regions within countries (Carree et al., 2007, p. 281-291). Canada has been known for its developed and rather growing entrepreneurship activity in various business sectors for many years now. And as Toronto happens to be the most intercultural developed city in the country, I would argue that this fact also has great influence on the increasing number of entrepreneurial activities in this city. Almost all kinds of entrepreneurial practices can be found in Toronto, among them are self-employed individuals, team builders, independent innovators, of course, artisans, etc. This paper will explore, using the example of two interviewed, Toronto-based entrepreneurs, what it means to consider yourself an entrepreneur, what challenges and opportunities it gives and takes, and most of all,…

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