The paper "How to Change the World: Conditions for Entrepreneurship in Sweden" is a wonderful example of an essay on business. The term entrepreneurship stands for a process of identifying and establishing a business venture by organizing and sourcing the resources required for the venture and taking both the risks and rewards that are associated with that specific business venture. Entrepreneurship may lead to the formation of a new organization or in response to a business opportunity may revitalize a mature organization. There are different entrepreneurial activities depending on the creativity and type of the organization.
It ranges from solo projects to even part-time projects to the scale of major undertakings that result in the creation of many job opportunities. An entrepreneur is a French word that defines an individual who operates and organizes a business or business. An entrepreneur is one who has the ability and willingness to convert a new idea into a successful innovation. An entrepreneur or the innovator is the generator of business processes and new inventions. The leadership attributes that are essential for a successful entrepreneur are strong team-building activities and management skills.
International entrepreneurship is the method by which an entrepreneur conducts its business in other countries or across national boundaries. This is a process of executing his or her business in multiple countries. The term international entrepreneurship was coined in the year 1988 to establish new ventures in order to reflect a new cultural or technological environment across many untapped foreign markets. Sweden has emerged with the strongest public finances from the recent crisis. This, in turn, opens up various opportunities for supply-side reforms stimulating small businesses, entrepreneurship, and innovation (Fayolle, Kyro, and Ulijn, 2005).
Rapid technological changes and globalization are making work organizations more flexible in Sweden. This leads to the requirement of energetic individuals. The favorable economic conditions in Sweden trigger the requirement for an individual’ s ability to be creative, to have a problem-solving ability, the ability to take initiative and to have self-reliance.
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