Fundamentals of Entrepreneurship

1.1 The role of the entrepreneur in business Entrepreneurship is the most important aspect of economic development in the last period of business history. Worldwide, these heroes of the new economy changed the business environment and their companies play an increasingly important role in the global economy. In an almost unbelievable pace, small business entrepreneurs have to show new products and services surpassed the old frontiers of the old technologies have created new jobs, opened new markets. It has never been greater interest in knowing that now to start entrepreneurship XXI century. 1.1.1 Large or small companies? In the last several years, competitive conditions favoring large companies, which had a considerable and a professional management hierarchy, it could face some major work to penetrate and strengthen the position in some markets. Today, they are increasingly acelerate changes in both domestic and the external environment, small businesses, by their agility, are all better than the competitive system. As in the whole world, in our country, the number of "dream " to create and to run their own business continues to grow. Maybe new growth for potential entrepreneurs to be even higher, given the national economic structure, making it more important to know the fundamentals of entrepreneurship. Such knowledge involves defining entrepreneurship, highlighting the main variables that determine a person to become entrepreneurs, but also highlighting the characteristics of entrepreneurs and potential errors they can make in creating a business process