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The term entrepreneurship, also known as entrepreneurship, start-up, start-up scene or start-up culture, is a branch of economics that deals with the founding of new organizations.

However, entrepreneurship goes beyond just starting a business and using resources efficiently. It includes creative elements such as the systematic identification of market opportunities, finding new business ideas and implementing them into innovative business models. These entrepreneurial activities do not necessarily have to be associated with an ownership function. This means that entrepreneurship can also be practiced within existing businesses by people who are not owners - a concept known as intrapreneurship.

In German, “entrepreneurship” also refers to the entirety of all entrepreneurs of a country or the social class of entrepreneurs, although the demarcation to small business is often out of focus. The term “entrepreneur” is increasingly being used to describe the characteristics of innovative, risk -overlocks. In contrast, a founder who starts without innovative business ideas, without employees and without growth potential is often referred to as a start -up. A “start-up” describes the early and temporary development phase of an innovative company that strives for a scalable business model in order to achieve significant growth.

The success of founders and young entrepreneurship depends crucially on a comprehensive regional start-up ecosystem and a start-up-friendly climate. This includes both state and private initiatives for start-up training and start-up support in an international comparison.