Welcome

to my
Journal
 S T U D Y I N G

entrepreneurship
and innovation
 Relevance of studying
Entrepreneurship and
Innovation
Studying entrepreneurship and
innovation enhances one's
analytical and logical skills that
enable one to solve any
problem.
By studying entrepreneurship
and innovation, you can learn
the underlying principles of
starting a business, avoid
common pitfalls, pitch ideas
more effectively,
validate your product,
develop a solid business
model, and set yourself up
for success in a field
where failure is common
Entrepreneurship refers
to the process of
developing new business
ventures or growing
existing ones.
Entrepreneurship mainly helps
solve daily-life problems and
eases pain points with the help
of innovative products and
services provided.

Entrepreneurs are
innovative and risk-taking
individuals who seek to bring
about change and new
opportunities, both for
themselves and the business
communities in which they
operate.
 Entrepreneurship
It creates opportunities,
ensures social justice,
instills confidence and
stimulates the economy.

Whether you’re
about to launch a
venture or want to
make an impact at
your organization,

studying entrepreneurship and innovation can help you

gain the skills, confidence, and competitive edge
needed to succeed in an ever-changing business
landscape.
When reading the success stories of
scrappy startups that have made it
big, it can be easy to assume
becoming an entrepreneur isn’t
particularly challenging. Yet, in reality,
entrepreneurship and innovation
require education and effort to
master. It’s knowledge of the theories
and concepts behind entrepreneurship
and innovation that gives many business
owners the confidence to launch a
venture despite the risk of failure.
 In addition to entrepreneurs,
corporate employees can realize
the value of innovation and an
entrepreneurial mindset in the
workplace. According to data
from Microsoft and McKinsey,
innovative organizations are more
likely to retain employees and
experience larger financial gains
than their non-innovative
counterparts.

Whether you’re an aspiring

entrepreneur or a professional in a
corporate setting, understanding the
basics of entrepreneurship and
innovation can position you to succeed
in today’s dynamic market. Here are six
reasons you should study
entrepreneurship and innovation.
 “Journal writing, when it
becomes a ritual for
transformation, is not only life-
changing but life-expanding.”

Journal Collage in
Entrepreneurship

RELEVANCE OF STUDYING
ENTREPRENEURSHIP AND
INNOVATION

By: Reinne Valerie R. Cabahug

Grade 12-STEM St. Ferdinand