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*it creates employment.
*it contributes to a more equitable distribution of income.
*it creates social benefits.
*it utilizes and mobilizes resources for greater productivity.
*it helps in dispersing industrial activities to the countryside.
*it generates foreign exchange.
*it nurtures entrepreneural talents.
*it establishes industrial linkages.
*it encourages healthy competition.
*it promotes the use of modern technology.
*it encourages more researches/studies and inventions of machines and equipment.
What else can I help you with?
Role of entrepreneurship development in economic of Bangladesh?
Role of entrepreneurship development in economic of Bangladesh?
Role of entrepreneurship in economic growth in the Philippines?
The contribution of entrepreneurship in the Philippines economy is impressive. There is a high demand for entrepreneurs in the Philippines. There were over 830,000 entrepreneurs in the Philippines in 2011.
Why does economic growth depend partly on entrepreneurship?
lol loser :)
Role of entrepreneurship development in economic of Bangladesh?
very important
What is the role of NACCIMA in the growth and development of entrepreneurship in Nigeria?
Check
The rule of entrepreneurship in economic development?
Entrepreneurship is a major factor in economic development and growth. Entrepreneurship produces both small businesses and large corporations that provide jobs and fuel the economy with more money.
Is entrepreneurship a economic and social goal?
Absolutely. If there are no risk takers with ideas then there will be no economic growth and job creation.
What is the significance of entrepreneurship in economics, and can you provide an example of how it drives innovation and economic growth?
Entrepreneurship plays a crucial role in economics by driving innovation and economic growth. Entrepreneurs create new products, services, and business models that can disrupt industries, create jobs, and stimulate economic activity. For example, companies like Apple, founded by Steve Jobs and Steve Wozniak, revolutionized the technology industry with products like the iPhone, leading to significant economic growth and job creation.
What are some examples of entrepreneurship in economics and how do they contribute to economic growth and innovation"?
Entrepreneurship in economics refers to individuals starting and running businesses. Examples include creating a new product, service, or technology. These ventures contribute to economic growth by creating jobs, generating income, and driving innovation.
What is Sudan role of entrepreneurship?
In Sudan, entrepreneurship plays a crucial role in driving economic growth and job creation, particularly in the face of ongoing political and economic challenges. It fosters innovation and diversification, helping to reduce reliance on traditional sectors like agriculture and oil. Additionally, entrepreneurship empowers individuals, particularly women and youth, by providing opportunities for self-employment and skill development. As the country seeks to rebuild and stabilize, promoting a vibrant entrepreneurial ecosystem is essential for sustainable development.
What is the role of entrepreneurship in southwest Asia?
Entrepreneurship in Southwest Asia plays a crucial role in driving economic growth, job creation, and innovation across the region. It helps diversify economies that may rely heavily on oil and natural resources, fostering sustainable development. Additionally, entrepreneurship promotes social change by empowering local communities and addressing regional challenges, such as poverty and unemployment. The rise of startups and small businesses also contributes to a more competitive and resilient economic landscape.
What are the role of Entrepreneurship socioeconomic development for Africa countries beyond Per Capita income Discuss?
for economic development
