Differences between Employment and Entrepreneurship? | Four Best Employment Methods

Differences between Employment and Entrepreneurship? | Four Best Employment Methods

The Living Legend

Ahmad Javed Kamran Amiri

Dated: Sunday 8^th December 2019

The 6 Most Important Differences Between Employment And Entrepreneurship Can Be Summarized And Are As Follows:

1.         Entrepreneurship creates a new job and actually adds a pure value to society.

Employment, however, responds to market demands by recruiting and completing capacity for the jobs created.

 In other words, entrepreneurship is the creation of income by changing the core elements of business, but employment is the development of existing business without altering its core components.

2.         Entrepreneurship is largely about the private sector, while

Employment is a government task, meaning that governments are required to facilitate and support the processes and activities that lead to greater employment. One of these measures (which is an alternative to direct government entry into employment or enlargement of the state) is to support entrepreneurial activities, expand the culture of entrepreneurship, increase entrepreneurship and entrepreneurship value in society and encourage them.

3.         The result of entrepreneurship in any field or stage is the supply of a new product or service.

Whereas employment is rarely accompanied by innovation.

That is, only in the same way as the fourth of the below 4 best employment methods, should we expect innovation and new ideas that, as we have said, are one of the most difficult and are rarely used.

4.         The main purpose of entrepreneurs who set up individual or group start-ups, including small businesses, factories, and startups, is not in employment but because no firm operates without human resources. Creating employment.

5.         Entrepreneurship will, at any time, lead to the creation of a new source of wealth, which adds value to society. This is usually done by gathering a selection of carefully selected human and physical resources.

But employment usually uses existing resources to help distribute them, and it cannot be said that they are always productive.

6.         Entrepreneurship is the understanding and utilization of the present or future opportunities of a market whose benefits can include the entrepreneur himself and the community.

But the benefits of employment may only be for the benefit of the community, and usually not for the benefit of the individual.

Four Best Employment Methods

There are four common approaches to employment that can help you better understand the topic of entrepreneurship:

The First Method: Government Investment:

The government should invest in and develop military and civil infrastructure and projects. However, it is better to leave it to the private sector. In America, which has the most successful economy in the world, despite all the problems, even Watergate, which fights in Iraq, has been privatized. That is, in that country it is the private sector of the US that fights, not the government.

The Second Method: Financial Policies:

The government can pursue monetary and fiscal expansion policies that lead to prosperity and increase employment.

One of the policies that is always in place in fiscal policy is financial incentives. That is, if we want to increase employment, the first thing to do is to be generous in taxation.

When tax is levied, that is, we increase the cost to the consumer, and in fact increase the cost of production, which in turn increases the cost of production, employing less labor because less sales are made.

 As prices rise, demand drops. So when tax rises, prices rise and demand drops and so does employment. Therefore, lowering taxes leads to lower costs and thus to increased production and employment.

Our economy has experienced inflationary recession in recent years. Inflation stagnation is a new disease that first appeared in the United States of America in the 1940s due to misguided expansionary government policies.

That is, governments try to rectify the recession rather than curb inflation, thereby importing goods, especially exchangeable goods.

In fact, the government is trying to keep the dollar fixed so it starts importing. This then leads to the stabilization of the exchange rate.

So, in fact, the exchange rate explosion was not only subject to sanctions, but only exacerbated. The main reason was the exchange rate stabilization.

So when we import an exchange commodity (because a non-commodity commodity such as home, transportation we cannot import) the service becomes expensive, when the service becomes expensive, production disappears and as a result inflation and Recession occurs.

So the government can support employment programs with sound fiscal policies.

The Third method: A Market Share:

Of course in different countries various titles are known as early efficiency projects, knowledge based companies and so on.

There are three corporate models: 1. Corporate (Big Company), 2. Medium Company and 3. Small Company.

The economy of our country is run by large companies. But 07% of the United States economy is based on small and medium-sized companies.

In the German economy, 58% is based on small and medium-sized companies, while in our country it is 01-10-15-20%.

One of the ways to create employment is to develop a medium and small company.

The Fourth Method: Employment through New Ideas:

Employment through new ideas is the concept of entrepreneurship.

Of course, once again, I emphasize that entrepreneurship is not about employment, because it is within the scope of government duties, but entrepreneurship can also create jobs because it produces.