OVERVIEWING THE IMPORTANCE AND ROLE OF ENTREPRENEUR IN MODERN ECONOMY AND ENTREPRENEURIAL MOTIVATION THEORIES

OVERVIEWING THE IMPORTANCE AND ROLE OF ENTREPRENEUR IN MODERN ECONOMY AND ENTREPRENEURIAL MOTIVATION THEORIES
Author(s):
Jajula Anjaiah, Dr K V Ramana Murthy
Keywords:
Entrepreneurship, economy, Business, Young businesses, Modern Economy
Abstract
Growth of entrepreneurship has been considered as a priority area in development policy in various nations in recent years, most notably India. Small and medium-sized firms (SMEs) run by young entrepreneurs span many sectors, from paper and electronics to engineering and electricity to textile and metal welding to construction and the manufacturing of food and training. Women in rural and semi-urban settings, in particular, get more economic opportunity when they pursue entrepreneurial endeavours. The area's potential for industrial and economic growth improved as a result of the economy's evolution. More entrepreneurs are needed in the area so that new companies may be started and existing small and medium-sized enterprises can grow. This Article provides an Overview of the Role and Importance of Entrepreneurs in Today's Economic Environment, as well as a Survey of the Major Theories Concerning What Drives Successful Entrepreneurs.
Article Details
Unique Paper ID: 158976 Publication Volume & Issue: Volume 8, Issue 2 Page(s): 959 - 964
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