ABSTRACT
The importance of entrepreneurs in economic growth became evident to theorists early on in modern times, so one can find numerous theoretical approaches to entrepreneurship that explain the origins of the phenomenon and its expressions and impact in societies and economies. The absence of entrepreneurs as influencers in markets is reflected in traditional economics textbooks as they are heavily focused on a supply and demand analysis and the general equilibrium theory. Entrepreneurs are the actual shape-changers of the market space by creating more attractive alternatives. Along with entrepreneurial skills, entrepreneurs also need managerial skills, such as the ability to organize people and resources, and technical skills when the venture has technical focus. Opportunity is a strategic concept in entrepreneurship as it relates to the creation of a firm by the entrepreneur. Economists view opportunity as a generic unexploited activity, while in its more simplified form it represents an idea about how to earn profit.
