Role Of Entrepreneurship In Economic Development.
Role Of Entrepreneurship In Economic Development. Are you aware of who entrepreneurs are? And what exactly is the role of entrepreneurship in economic development, and how does it affect economy ? Entrepreneurs are innovative people and recognise their abilities to start their own businesses by undertaking several risks, contributing to economic expansion.As we know risk taking in business is very crucial thing. entrepreneurship development programmes are crucial in helping young entrepreneurs transform their business aspirations into reality. Entrepreneurship is one of the prime reasons for economic development, as it is a significant source of job creation and shapes the economic landscape. The role of entrepreneurship is to promote economic stability, and it plays a significant part in improving per capita income. Entrepreneurship drives the economic growth of a country by introducing new services and technologies that could meet the demands of current ...