Entrepreneurship and Small Business Management

Section 1: Understanding Entrepreneurial Trends

Section 3.1 Summary
Some major entrepreneurial trends include Internet businesses, service businesses, home-based businesses, socially responsible nonprofits, strategic alliances, corporate ventures, and an increased emphasis on technology and outsourcing. The ability to recognize new opportunities and to think creatively is essential for success in today's market. There are techniques to overcoming challenges to creativity and to finding creative business ideas.

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