Glossary – Unit 1: Introduction to Entrepreneurship

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This glossary contains essential terms and definitions introduced in Unit 1: Introduction to Entrepreneurship.

🧠 Use it to:

  • Understand key entrepreneurial vocabulary

  • Reinforce your learning of concepts like creativity, innovation, risk-taking, and the historical evolution of entrepreneurship

  • Prepare for quizzes and assignments

Browse the glossary using this index

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I

Innovation

The process of transforming an idea or invention into a good or service that creates value.