Women in Entrepreneurship and Social Entrepreneurship in the Arab World

Thami Ghorfi () and Dora Jurd de Girancourt ()
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Thami Ghorfi: ESCA École de Management
Dora Jurd de Girancourt: ESCA École de Management

Chapter 5 in Entrepreneurship and Social Entrepreneurship in the MENA Region, 2022, pp 115-154 from Springer

Abstract: Abstract Entrepreneurship is the state of being an entrepreneur, or the activities associated with being an entrepreneur. The practice of entrepreneurship is exercised by innovation which is important not only for the new ventures but also for the existing business and the public-service institutions. Throughout the whole history of human civilization, entrepreneurs emerged who led innovations to change the world towards growth and prosperity. Innovation is not about the creation of new things, but it is about a new way of doing existing things by creating meaningful values. Innovations for human life span the whole spectrum of the necessities of human life, including food, clothing, and shelter, and expanded to work, business, society, entertainment, and cognitive innovations such as education, philosophy, and religion. We live in the Age of Innovation. Business competition is fierce, and the life of business is shortening every year. To survive, companies should become the fittest in the business competition battle grounds. Only innovation will make a company the fittest by artificial selection and also sustainable. Innovation is the imperative element in this battle ground, and it is the matter of survival for business and humankind. In this chapter, the relationship between entrepreneurship and innovation is explored, and the importance of innovation in business, categories of business innovation, opportunities and sources of innovation, social innovation, and innovation strategy are discussed. Furthermore, crucial factors of entrepreneurship and innovation strategy in Arab World are discussed as well.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-88447-5_5

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DOI: 10.1007/978-3-030-88447-5_5

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