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The importance of entrepreneurship in economic development has been acknowledged by policymakers, economists, and scholars alike. Numerous studies have highlighted the positive relationship between entrepreneurship and economic growth. In light of the significance of entrepreneurship in economic growth and job creation, this research paper aims to explore the specific mechanisms through which entrepreneurship contributes to these outcomes. It objective also assesses the potential method to research the role of entrepreneurship across different industries, sectors, and regions. To address the research question and objectives, a mixed methods research design is preferred. Our analysis revealed a positive relationship between entrepreneurship and economic growth. Entrepreneurial activities, such as innovation, risk-taking, and opportunity exploitation, contribute significantly to the overall economic development of a region or country. The research highlighted the link between entrepreneurship and job creation. Entrepreneurial ventures tend to be more labor-intensive and have a higher propensity to generate employment opportunities, particularly in sectors characterized by innovation and technology adoption. Study has made significant contributions to understanding the role of entrepreneurship in economic growth and job creation; there are several areas that warrant further investigation.
"Assessing the Role of Entrepreneurship in Economic Growth and Job Creation", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 11, page no.841 - 846, November-2022, Available :http://www.ijrti.org/papers/IJRTI2211118.pdf
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2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator