Entrepreneurship plays role in the growth and development of economy and it is a key contributor to innovativeness and product improvement. The major contributions that entrepreneurship makes to the economic development include promotion of capital formation, creation of large scale employment encouragement of balanced regional development and effective mobillsation of capital and skill. When countries are unable to invest in capital intensive and technologically sophisticated industries, the small and medium enterprises and entrepreneurial support provides an alternate solution for the growth and development of such economies.
Impact Factor
2022: 6.012
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