National Entrepreneurship Week on February, 2025: what is entrepreneurship, what is the help in tourism

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what is entrepreneurship, what is the help in tourism

Entrepreneurship is the practice of starting new organizations, particularly new businesses generally in response to identified opportunities. Entrepreneurship is often a difficult undertaking, as a majority of new businesses fail. Entrepreneurial activities are substantially different depending on the type of organization that is being started. Entrepreneurship may involve creating many job opportunities.

Many "high-profile" entrepreneurial ventures seek venture capital or angel funding in order to raise capital to build the business. Many kinds of organizations now exist to support would-be entrepreneurs, including specialized government agencies, business incubators, science parks, and some NGOs.

Our understanding of entrepreneurship owes a lot to the work of economist Joseph Schumpeter and the Austrian School of economics. For Schumpeter (1950), an entrepreneur is a person who is willing and able to convert a new idea or invention into a successful innovation. Entrepreneurship forces "creative destruction" across markets and industries, simultaneously creating new products and business models others. In this way, creative destruction is largely responsible for the dynamism of industries and long-run economic growth. Despite Schumpeter's early 20th-century contributions, the traditional microeconomic theory of economics has had little room for entrepreneurs in their theories. (ref. The Economist Magazine, March 11, 2006, pp 67.

If entrepreneurship remains as important to the economy as ever, then the continuing failure of mainstream economics to adequately account for entrepreneurship indicates that fundamental principles require re-evaluation. Entrepreneurial Economics is the study of the entrepreneur and entrepreneurship within the economy. The charecteristics of entrepreneurial economy (regional or national level) are high level of innovation combined with high level of entrepreneurship which result in the creation of new ventures as well as new sectors and industries.

Mainstream economics does not include entrepreneurship not because there is no theory or analytical framework for entrepreneurship. Entrepreneurship does not belong in mainstream theory; in fact mainstream theory makes the entrepreneur an invisible man. The reason for that is that the construct of equilibrium models, which is central to mainstream economics, is exactly what by definition excludes entrepreneurship. Joseph Schumpeter and Israel Kirzner have argued in their writings, that entrepreneur does not tolerate equilibrium. According to Baumol, mainstream theory is not ‘wrong’ by excluding entrepreneurship it is irrelevant there.

Entrepreneurship has been perceived as a chaotic, unpredictable economic process, which cannot be modeled using the equilibrium based analytical methods used in mainstream economic theory. It seems no longer possible to expect that only theoretical refinements and extending known principles can provide for a theory of entrepreneurship. Challenging 'fundamental principles' like equilibrium models, rational agent, maximization paradigm, the traditional production function, by applying insight from other disciplines like theoretical physics (thermodynamics, entropy) might be the way forward in the study of entrepreneurial economics. Coase surveys the field of economics and believes it has become a "theory-driven" subject that has moved into a paradigm in which conclusions take precedence over problems. "If you look at a page of a scientific journal like Nature," he said, "every few weeks you have statements such as, 'We’ll have to think it out again. These results aren’t going the way we thought they would.' Well, in economics, the results always go the way we thought they would because we approach the problems in the same way, only asking certain questions. Entrepreneurial Economics challenges fundamental principles, using insights from models and theories in the natural sciences.

More impressive, DePaul or University of Arizona?

More impressive, DePaul or University of Arizona?

Arizona is ranked higher, but DePaul is very respected. Arizona is ranked 120 nationally and DePaul is ranked 136. I would choose DePaul because it is in the third largest city. It would be easy to get a job after college from DePaul. The school is known for business. Here is DePaul school rankings. The undergraduate business program is ranked #40 in the nation by Business Week.

DePaul other business rankings:

March 5, 2010

DePaul University’s Undergraduate Business Program Jumps Into The Top 50 In BusinessWeek’s National Ranking

Program Ranked No. 3 Nationally For Its Value Among Private University Programs

Entrepreneurship Program Honors

• 2010 Ranked in the Top 10 by the Princeton Review and Entrepreneur Magazine

• 2009 Ranked in the Top 10 by Princeton Review and Entrepreneur Magazine

• 2008 Ranked # 2 in the nation by Princeton Review and Entrepreneur Magazine

• 2007 Ranked in the Top Five by Princeton Review and Entrepreneur Magazine

• 2006 Ranked # 2 in the nation by Princeton Review and Entrepreneur Magazine

• 2005 Ranked Top 1st Tier Program Nationally by Entrepreneur Magazine

• 2004 Ranked Top 1st Tier Program Nationally by Entrepreneur Magazine

• 2003 Ranked Top 1st Tier Program Nationally by Entrepreneur Magazine

• 2001 Top 10 Entrepreneurship Program by Success Magazine

• 1998 # 2 Entrepreneurship Program by Success Magazine

• 1997 Top 25 Entrepreneurship Program Success Magazine

• 1996 Ranked # 2 nationally in Vesper's Entrepreneurship Education Survey

• 1996 Top 25 Entrepreneurship Program Success Magazine

• 1995 Top 5 Entrepreneurship Program in U.S. Success Magazine

• 1994 Top 25 Entrepreneurship Program Success Magazine

• 1993 Top 20 Entrepreneurship Program Business Week

• 1990 Best in U.S. National Model Program Award by USASBE

Us News & World Report rankings:

#136 in the National Rankings

#89 Best Business

Some of the Business Leaders from DePaul

* Richard Driehaus, CEO, Driehaus Capital Management

* Jack Greenberg, former CEO, McDonald's Corporation

* James M. Jenness, CEO, Kellogg Corporation

* Edward J. Joyce, President and COO, Chicago Board Options Exchange (CBOE)

* Greg Silich, Entrepreneur, former Leo Burnett CFO

* Laura Thrall, President and Chief Executive Officer, United Way of Metropolitan Chicago, Inc

* Bertram L. Scott, President, U.S. Commercial, CIGNA

* Peggy Troy, President and CEO, Children’s Hospital and Health System

* Frank M.Clark, Chairman and CEO, ComEd

* Jeffrey S.Aronin, President and CEO, Ovation Pharmaceuticals

* Brooks Boyer, Senior Vice President, Marketing, Chicago White Sox

* Leticia Peralta Davis, CEO, Metropolitan Pier and Exposition Authority

* Martin Jahn, General Director, Volkswagen Group RUS

* Sister Catherine Ryan, CEO, Maryville Academy

* Daniel Ustian,Chairman, President and Chief Executive Officer, Navistar International Corp.

Other DePaul Business Leaders:

Thomas Briatico

President of Maytag Corporation

Robert E. Goldberg

Former Chairman, Chicago Board of Trade

Victor Faraci

Former Senior VP Marketing, Warner Bros.

Kerrie L. Holley

Chief Architect of IBM Global Services and IBM Distinguished Engineer; IBM Black Engineer of the Year Award Recipient 2003

John W. Martin, Jr.

Former Vice President and General Counsel Ford Motor Co.

William W. Moreton

President and CFO, Potbelly Sandwich Works

Diane M. Pearse

CFO, Crate and Barrel

Peter Pesce

Executive Vice President, Fifth Third Bank

Richard Rosenfield

Co-Chairman, California Pizza Kitchen

William M. Rudolphsen

Senior Vice President and CFO, Walgreens Co.

Daniel Ustian

CEO and President, Navistar International Corp.

rnest R. Wish

Chairman of Wish Enterprises; Former Managing Partner, Coopers & Lybrand

Kathleen M. Waltz

President and CEO, Orlando Sentinel Communications

Daniel Krajnovich

CEO, United Healthcare of Indiana

Margaret G. McDermott

Executive Vice president and CEO, Saints Mary and Elizabeth Medical Center, Chicago

Carol L. Schneider

President and CEO, Advocate Christ Medical Center, Advocate Hope Children's Hospital, Oak Lawn

Donna Thompson

CEO, Access Community Health Network

Accounting, College, debt, is it worth it?

Accounting, College, debt, is it worth it?

You should go to DePaul. Your ACT is above their average of 24.9, but their business program average ACT score usually runs higher.Go to DePaul.edu and go to the bottom of the page, then click on student spotlight, then click on College of Commerce. You will be amaze by the students stories. I am pasting some information on the school.

DePaul's undergrad business school is ranked 40th in the nation by Business week.

Entrepreneurship Program Honors

• 2010 Ranked in the Top 10 by the Princeton Review and Entrepreneur Magazine

• 2009 Ranked in the Top 10 by Princeton Review and Entrepreneur Magazine

• 2008 Ranked # 2 in the nation by Princeton Review and Entrepreneur Magazine

• 2007 Ranked in the Top Five by Princeton Review and Entrepreneur Magazine

• 2006 Ranked # 2 in the nation by Princeton Review and Entrepreneur Magazine

• 2005 Ranked Top 1st Tier Program Nationally by Entrepreneur Magazine

• 2004 Ranked Top 1st Tier Program Nationally by Entrepreneur Magazine

• 2003 Ranked Top 1st Tier Program Nationally by Entrepreneur Magazine

• 2001 Top 10 Entrepreneurship Program by Success Magazine

• 1998 # 2 Entrepreneurship Program by Success Magazine

• 1997 Top 25 Entrepreneurship Program Success Magazine

• 1996 Ranked # 2 nationally in Vesper's Entrepreneurship Education Survey

• 1996 Top 25 Entrepreneurship Program Success Magazine

• 1995 Top 5 Entrepreneurship Program in U.S. Success Magazine

• 1994 Top 25 Entrepreneurship Program Success Magazine

• 1993 Top 20 Entrepreneurship Program Business Week

• 1990 Best in U.S. National Model Program Award by USASBE

Some Business Leaders from DePaul

. Main article: DePaul University Alumni

Business Leaders

•Richard Driehaus, CEO, Driehaus Capital Management

•Jack Greenberg, former CEO, McDonald's Corporation

•James M. Jenness, CEO, Kellogg Corporation

•Edward J. Joyce, President and COO, Chicago Board Options Exchange (CBOE)

•Greg Silich, Entrepreneur, former Leo Burnett CFO

•Laura Thrall, President and Chief Executive Officer, United Way of Metropolitan Chicago, Inc

•Bertram L. Scott, President, U.S. Commercial, CIGNA

•Peggy Troy, President and CEO, Children’s Hospital and Health System

•Frank M.Clark, Chairman and CEO, ComEd

•Jeffrey S.Aronin, President and CEO, Ovation Pharmaceuticals

•Brooks Boyer, Senior Vice President, Marketing, Chicago White Sox

•Leticia Peralta Davis, CEO, Metropolitan Pier and Exposition Authority

•Martin Jahn, General Director, Volkswagen Group RUS

•Sister Catherine Ryan, CEO, Maryville Academy

•Daniel Ustian,Chairman, President and Chief Executive Officer, Navistar International Corp.

•Thomas Briatico, President of Maytag Corporation

•Robert E. Goldberg,Former Chairman, Chicago Board of Trade

•Victor Faraci, Former Senior VP Marketing, Warner Bros.

•Kerrie L. Holley, Chief Architect of IBM Global Services and IBM Distinguished Engineer; IBM Black Engineer of the Year Award Recipient 2003

•John W. Martin, Jr., Former Vice President and General Counsel Ford Motor Co.

•William W. Moreton, President and CFO, Potbelly Sandwich Works

•Diane M. Pearse, CFO, Crate and Barrel

•Peter Pesce, Executive Vice President, Fifth Third Bank

•Richard Rosenfield, Co-Chairman, California Pizza Kitchen

•William M. Rudolphsen, Senior Vice President and CFO, Walgreens Co.

•Daniel Ustian, CEO and President, Navistar International Corp.

•Rnest R. Wish, Chairman of Wish Enterprises; Former Managing Partner, Coopers & Lybrand

•Kathleen M. Waltz, President and CEO, Orlando Sentinel Communications

•Daniel Krajnovich, CEO, United Healthcare of Indiana

•Margaret G. McDermott, Executive Vice president and CEO, Saints Mary and Elizabeth Medical Center, Chicago

•Carol L. Schneider, President and CEO, Advocate Christ Medical Center, Advocate Hope Children's Hospital, Oak Lawn

•Donna Thompson, CEO, Access Community Health Network

Also on this date Saturday, February 1, 2025...