ENTREPRENEURSHIP

Detailed explanation-1: -Enterprise zones are: specific locations across the U.S. where entrepreneurs can set up shop and receive tax breaks for operating in these areas.

Detailed explanation-2: -Venture capitalists (VCs) are individuals or groups who invest large sums of money for a limited period into high-growth businesses in exchange for partial ownership and high rates of return.

Detailed explanation-3: -What is a Market? A market is: An aggregate of people who, as individuals or organizations, have needs for products in a product class and who have the ability, willingness and authority to purchase such products (conditions needed for an exchange).

Detailed explanation-4: -These benefits include increased creativity and idea creation; the ability to complement team members’ skills and compound existing skills; and, the ability to create and form meaningful bonds (Gundry, Ofstein, & Monllor, 2016; Kollmann, Stöckmann, Meves, & Kensbock, 2017).