Titlebook: Concepts, Processes and Practice of Entrepreneurship; A Primer on Innovati Milton Rajaratne Textbook 2024 The Editor(s) (if applicable) and

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https://doi.org/10.1057/9780230337817n this section, attempts are made to view entrepreneur in many perspectives. Entrepreneur plays multiple organizational roles, faces dynamic and volatile environments, and helps economic and social advancement of nations via value creation, generation of employment, tax payment, corporate social responsibility, and philanthropy.

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https://doi.org/10.1057/9780230391727rder and a large number of interconnected activities to them. Entrepreneurship is not equivalent to venture creation but, a venture is definite outcome of the entrepreneurship. Venture is not feasible without entrepreneurship and that entrepreneurship is not feasible without venture.

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Rain Men,l is briefly described in the feasibility plan under Product and Service Plan, Marketing Plan, and Operations Plan, such information is only sufficient for the purpose of introducing the business to interested parties prior to inception of the business.

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Dollarization and Monetary Policy SpilloversFeasibility planning is a key step of the venture creation process. Although, sometimes, it is obvious that ventures are created without formal feasibility analyses, it should be noted that every entrepreneur makes reasonable feasibility judgment prior to creation of venture.

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Marvin Farber and Husserl’s PhenomenologyVentures are created to achieve growth objectives and thus all entrepreneurial activities are directed toward achievement of growth. However, the common experience of venture is that most of them do die at a very early stage or within a short period of time.

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https://doi.org/10.1057/9780230101456Production is broadly classified into two types: production of goods and production of services. When planning a business, the entrepreneur ought to choose between the types of production at the outset. In fact, the feasibility plan not only proposes the type of venture but also the type of production.