The Impact of Entrepreneurship on Economic and Social Development

Youssef CHAHINE

Abstract


Entrepreneurship is used to denote explorers and innovators in various fields. It has affected by economics, psychology, marketing, sociology, history, strategic management and human sciences. It is also considered as one of the important areas in the economies of developed industrial countries and developing ones. Therefore entrepreneurial projects make an active contribution to expansion of comprehensive economic development in all countries. This paper attempts to provide a theoretical frame work on the concept of entrepreneurship, its importance, characteristics and components. It also deals with the most important obstacles, reforms and the extent of the impact of entrepreneurshipon economic and social development of the country. Many societies face different problems related to pushing economic development forward. Hence, the role of entrepreneurship lay which affect positively and substantially in supporting this progress.


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References


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DOI: https://doi.org/10.5296/jpag.v10i2.17206

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