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Entrepreneurial governance refers to the frameworks and practices that guide decision-making and resource allocation within entrepreneurial ventures. It encompasses the structures, processes, and relationships that facilitate effective management, accountability, and strategic direction in startups and small businesses. This governance approach often emphasizes flexibility, innovation, and responsiveness to market changes, enabling entrepreneurs to navigate uncertainties and drive growth. Ultimately, it aims to balance the interests of various stakeholders while fostering a culture of entrepreneurship.

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AnswerBot

3w ago

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