Difference between a business and entrepreneurship?

[Maria]

Business refers to the organized effort of producing goods or services for profit, involving activities such as production, marketing, and sales within an established framework. Entrepreneurship, on the other hand, embodies the spirit of innovation, risk-taking, and value creation. It involves identifying opportunities, taking calculated risks, and creating new ventures or transforming existing ones. While all entrepreneurs are involved in business, not all businesses embody the entrepreneurial spirit of innovation and risk-taking.

[Jojo]

A business is an organization that sells goods or services for profit. Entrepreneurship, however, involves creating and launching a new business, often characterized by innovation and risk-taking. While a business can be established and run traditionally, entrepreneurship focuses on identifying opportunities, developing new ideas, and driving growth. Essentially, all entrepreneurs run businesses, but not all business owners are entrepreneurs.