Short answers,Times New Roman,font size 10.5 Coursework

Short answers,Times New Roman,font size 10.5 - Coursework Example Moreover, there is an innovative aspect based on the process need that is otherwise deemed to be a weak link evidenced in every process. It is characterized by the fact that the majority intends to move around the problem instead of making an attempt towards the success of the success of an enterprise solution. Ultimately, Drucker also contributes to the development, demographics that constituted the population size structure and employment background and a new knowledge with advanced scientific assumptions thus creating new products and new market demands (Mitra 25) Mitra (25), points out at various attributes how technology has contributed towards the realization of entrepreneurial activities. The fundamental technological advancement is critical in the advancement of scientific understanding of entrepreneurial activities. Besides, it has contributed to the initiation of different kinds of industries that are either owned privately or by the state. Moreover, technology has also played a vital role in the conceptualization of feedbacks from the already existing enterprise while utilizing the results to enhance further technological advancements. On a number of occasions, government policies are seen as barriers to innovative aspects and entrepreneurial developments. In essence, a change in certain policies of the government often has devastating effects towards the success of entrepreneurial activities. According to Mitra (28), the government for setting up various policies and deployment of resources that are also characterized by incentive-oriented strategies thus most likely to affect the forces of the market demands. Mitra (33) explains that an economic equilibrium theory may not give a proper understanding of the entrepreneurial relationship because it mainly concentrates on the production function. Moreover, it concerns rationalization choice