Creative entrepreneurship is the practice of setting up a business – or setting yourself up as self-employed - in one of the creative industries. The focus of the creative entrepreneur differs from that of the typical business entrepreneur or, indeed, the social entrepreneur in that s/he is concerned first and foremost with the creation and exploitation of creative or intellectual capital. Essentially, creative entrepreneurs are investors in talent – their own and/or other people’s.
The most renowned creative entrepreneurs have combined creative flair with entrepreneurial ability to build multi-million dollar business empires. Examples include Rupert Murdoch, Madonna and Richard Branson.
Read more about Creative Entrepreneurship: History, Definition, Contribution To The Economy
Famous quotes containing the word creative:
“Of the creative spirits that flourished in Concord, Massachusetts, during the middle of the nineteenth century, it might be said that Hawthorne loved men but felt estranged from them, Emerson loved ideas even more than men, and Thoreau loved himself.”
—Leon Edel (b. 1907)