Quiz-Essay for the topic: Health-Related Entrepreneurial Activities

DANGANI, Alfred DII B.

Section A
Due June 23, 2023, 5:00 PM
Instructions
1. Do research and discuss the "Importance of Health - Related Entrepreneurial
Activities in the Community Setting".
2. Type in a WORD DOCUMENT and UPLOAD IN PDF in the Assignment Section with
the following specifications:
a) 4-5 paragraphs
b) Font Theme: Times New Roman
c) Font Size: 12
d) Spacing: Double space
DANGANI, Alfred DII B.
Section A

Importance of Health - Related Entrepreneurial Activities in the Community Setting

Health entrepreneurship is about creating value in digital health products or services, care-
delivery innovation or new business processes, services or platforms. Such innovations have the
potential to cut costs as. they improve quality. Why is entrepreneurship important in healthcare?
Technology is changing modern healthcare. Entrepreneurial-minded healthcare professionals are
applying predictive data and analytical tools to anticipate healthcare needs in a community,
ensure care is adequate and necessary, and make statistical predictions about the care that will be
required next.
Health related entrepreneurial activities is described as the ability to create new ventures from
new existing concepts, ideas and visions. Entrepreneurial activity is the enterprising human
action through the creation or expansion of economic activity. There has been significant
entrepreneurial response to the changes in the scientific and social underpinnings of health care
services delivery in the community.
Community-based entrepreneurship is an important instrument for the realization of potential
among marginal and deprived communities isolated from the mainstream economy and is
important in bringing social upliftment. Community-based entrepreneurship People, in general,
are faced with issues related to poverty, illiteracy, lack of skills, poor health care systems, etc.
These are problems that cannot be tackled individually but can be better solved through group
efforts.
Community project is a term applied to any community-based project. This covers a wide variety
of different areas within a community or a group of networking entities. Projects can cover
almost anything, including the most obvious section of health concern and welfare of
community. By creating new products and services, they stimulate new employment, which
ultimately results in the acceleration of economic development. So public policy that encourages
and supports health entrepreneurship should be considered important for economic growth and
health and wellness of the community.