The capacity and willingness to develop organize and manage a business venture along with any of its risks in order to make a profit. The most obvious example of entrepreneurship is the starting of new businesses. In economics, entrepreneurship combined with land, labour, natural resources and capital can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation's ability to succeed in an ever changing and increasingly competitive global market place. Entrepreneurship is the act of being an entrepreneur, which can be define as “one who undertakes innovations, finance, and business acumen, in an effort to transform innovations, into economic goods. Women entrepreneurial development is one of the important area majority countries has been focus upon as a part of over all Human Resource Development.

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