Entrepreneurship is the process of identifying a business opportunity, organizing resources, and taking the initiative to create and grow a new business venture. It is a driving force of innovation, economic development, and job creation in any society. At its core, entrepreneurship is about turning ideas into reality through risk-taking, problem-solving, and value creation. Entrepreneurship can be defined as the activity of setting up a business or businesses, taking on financial risks in the hope of profit. It involves discovering new market opportunities and organizing necessary resources — such as capital, labor, and raw materials — to produce goods or services. The person who undertakes this process is called an entrepreneur.