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Engineering is a field of study that involves the creative application of science, mathematical methods and empirical evidence for developing products, services or processes that help solve some human problem or fulfill a human need. Entrepreneurship refers to the process of creating, launching and operating a new business in expectation of earning a profit from business activities. It is essential for achieving economic growth at domestic and global levels. It involves harnessing the business opportunities in engineering and transforming them into commercially viable and profitable innovations. A technical idea can be turned into a profitable business venture through the implementation of correct accounting practices, administrative understanding, marketing expertise, and reliable commercial operations provided through entrepreneurship. This book discusses the fundamentals as well as modern approaches of engineering and entrepreneurship. It is appropriate for students seeking detailed information in this area as well as for experts.
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Engineering is a field of study that involves the creative application of science, mathematical methods and empirical evidence for developing products, services or processes that help solve some human problem or fulfill a human need. Entrepreneurship refers to the process of creating, launching and operating a new business in expectation of earning a profit from business activities. It is essential for achieving economic growth at domestic and global levels. It involves harnessing the business opportunities in engineering and transforming them into commercially viable and profitable innovations. A technical idea can be turned into a profitable business venture through the implementation of correct accounting practices, administrative understanding, marketing expertise, and reliable commercial operations provided through entrepreneurship. This book discusses the fundamentals as well as modern approaches of engineering and entrepreneurship. It is appropriate for students seeking detailed information in this area as well as for experts.