Entrepreneurship is a multidimensional field that encompasses the conceptualization, launching, and running of a new business, often initially a small business. It involves the capacity and willingness to develop, organize, and manage a business venture along with any of its risks in order to make a profit. This category also covers business economics, a specialized area of economics that uses economic analysis to make business decisions concerning the best use of a firm's scarce resources. It integrates economic principles and strategies into standard business practices. Moreover, it encompasses the study of business economics research, which delves into the investigation of economic structures, organisational principles, and relationship dynamics within a business context.