editedbook

HOW DO ENTREPRENEURS DEVELOP AND GROW THE ECONOMY

Area/Stream: Management,
Authors: Rekha
Keywords: Economic growth, entrepreneurship, economic development, opportunities.
Book Name /series: Futuristic Trends in Management, Volume 2, Book 6, Part 1, Chapter 12
Publication: IIP Proceedings

Year: 2022,
Month: November

Page No: 139-144,
ISSN/ISBN: 978-93-95632-71-3,
DOI/Link: https://www.rsquarel.org/assets/docupload/rsl20237F31F96BEC58809.pdf


Abstract:

In economy entrepreneur play a major role Entrepreneur are the people who have skills and take necessary initiative to bring some new ideas to the market and by taking right decision their ideas become profitable for an economic development entrepreneurship is become more important because they can operate with flexibility and develop their ideas. Entrepreneurship cannot flourish in an over – regulated economy because hardly any people have the drive to set off entrepreneurs. The analyses confirm that measure of entrepreneurship in a particular country has a notable positive effect on the extent of economic growth in the country. Entrepreneurial activity increases the new job opportunities, raise the productivity of firms and expedite structural change by restore established, sclerotic firms. A high level of self- utilization is not necessarily a fine measure of entrepreneurial activity.

Cite this: Rekha,"HOW DO ENTREPRENEURS DEVELOP AND GROW THE ECONOMY", Futuristic Trends in Management, Volume 2, Book 6, Part 1, Chapter 12, November, 2022, 139-144, 978-93-95632-71-3, https://www.rsquarel.org/assets/docupload/rsl20237F31F96BEC58809.pdf
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