The role of entrepreneurship development

Entrepreneurship is one of the most important input in the economic development of a country. The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. … They looks for opportunities, identifies them and seizes them mainly for economic gains.

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As they look for these opportunities,identify them and size them mainly for economic gains it in turn leads to promotion of capital formation, creation of large scale employment opportunities thus contributing towards innovation,promotion of balanced regional growth,wealth creation and distribution, increase in Gross National Product and per capita income, and prevention of industrial slums

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