1...Define entrepreneurship its nature, characteristics quality and skills of an entrepreneurship?

Arthur Cole, a Harvard professor, defined entrepreneurship as purposeful activity to initiate, maintain, and develop a profit-oriented business. The important part of this definition is that creating a new business organization is considered entrepreneurial. Joseph Schumpeter defined entrepreneurship as innovation for finding a new "production function" in an existing resource, a previously unknown means through which a resource could produce value.
C COMMITMENT R RISK TAKING L- LEADERSHIP I INNOVATION T TIMING O OPPORTUNISTIC V VALUE ADDITION P PEOPLE N NEVER GIVEN -UP

2..Expln diffr btw enterpnour nd entrprnshp ? 3..wht is swot analysis ?wht are the aspects of an orgnizatn whch should be cover in swot analysis ?hw a swot analysis is useful 4..Explain risk reduction strategics for new entry explotation ? 5..Wht is intellectual property nd wht are they aspects of intellectual property right whch shuld be kept in mind by new enterpreneur? 6..Wht is smal business enterprises wht are its objctivs wht is importnce of small business? 7..Define a patient nd trade mark nd why the knowledge of this matter is required for new enterpreneur?