THE ROLE OF ENTREPRENEURSHIP IN DRIVING ECONOMIC GROWTH IN DEVELOPING COUNTRIES
Abstract
This article aims to examine the pivotal role of entrepreneurship in driving economic growth in developing countries. It explores how entrepreneurship contributes to the creation of employment opportunities, stimulates innovation and technological advancements, attracts foreign direct investment (FDI), and promotes local industries and markets. The study highlights the positive impact of entrepreneurship on economic development and emphasizes the need for effective policies and support mechanisms to foster entrepreneurship in developing countries. By understanding the multifaceted contributions of entrepreneurship, policymakers can harness its potential to fuel sustainable economic growth and uplift communities in these nations.
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