We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Entrepreneurship: How innovated and small bussiness affect economy - Research Paper Example

Comments (0)
These enterprises have a strong but positive influence up on the economic growth. The innovated and small businesses creates new jobs and employment…
Download full paper
Entrepreneurship: How innovated and small bussiness affect economy
Read TextPreview

Extract of sample
Entrepreneurship: How innovated and small bussiness affect economy

Download file to see previous pages... So, one can say that increase in entrepreneurship has a positive influence upon the economic growth and vice versa.
But the real life situation is a complicated one. If there is increase in entrepreneurship there can be two options that can be present in economy either there are lesser job opportunities that people are shifting towards getting self-employed or there are important barriers that as a last resort people are creating their own job opportunities. In this scenario one can say that high levels of entrepreneurship can be observed when there are slow economic growth in the country or if there is lag in development opportunities.(Z.J. Acs, 2004 )
There are different kinds of entrepreneurship opportunities available; one need to know which type is prevailing in order to know its impact on the economy. One type is opportunity entrepreneurship in which the new business is opened in the unexplored or wrongly explored area. Other type of entrepreneurship is opening up a business because you do not have any other option. It is believed and that is proven by research also that it is the opportunity entrepreneurship that has significant affect upon the economy.(A.Varga, 2005)
It has been observed that the development economies monitor the affects upon the economy in three different stages that are. In the first or primary stage, the basic focus of the microeconomics factors and supply demand is upon small manufacturing concerns and the agricultural yields enhancement. In the secondary stage the development economy moves from the small production units to more organized and comparatively larger manufacturing concerns and finally in the third and last stage the development economy moves from manufacturing towards the services sector development.(Syrquin, 1988)
In the first stage most of the people are self employed, independent of the type of organization. No matter what sort of economy it is industrial or subsistence, every economy faces this ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
How One Child Policy Would Affect Chinese Economy
However, due to increasing concerns of rural unstableness, liberal relaxations of Chinese rural policies were announced between 1984 and 1989. Under one-child policy, a couple from urban area can have only one -child whereas a couple from rural area may have two kids if the first kid is a girl.
17 Pages(4250 words)Research Paper
Entrepreneurship in the Creative Economy
Changes in the global business trends continue to shift the position of entrepreneurship from time to time. Specifically, entrepreneurship has become more significant as world business trends advances to encompass global diversity and dynamism. The creative economy in the business world crucially takes into account the ever changing nature of individual, firm, organizational, and state interactions in the business arena.
4 Pages(1000 words)Research Paper
The entrepreneurship affect on the economy
Entrepreneurship results in the formation of new organizations or the reenergizing of mature organizations, as a response to an emerging opportunity. Entrepreneurship’s most obvious form involves the starting of a new venture, also referred to as a startup company, although, in recent times, entrepreneurship has also been used to refer to political and social entrepreneurial activity.
4 Pages(1000 words)Essay
How the legalization of marijuana would affect the economy
The White House along with the past and present presidents of the country has always had a strong stance against the legalization of Marijuana due to the perceived ill effect the Cannabis plant can have on the health of people. Regardless of the official position of the White House though, 16 out of the 50 states have already legalized the use of marijuana within their borders to hugely positive results.
5 Pages(1250 words)Research Paper
How Globalization and Large Corporations Affect Small Business
How Globalization and Large Corporations Affect Small Business. On the twenty first century, globalization phenomenon it is asserted to be on the increase. With the evidenced continuous human interaction witnessed almost in all sectors of the society, and with inventions and innovations in technology, it has made globalization and market liberalization a reality in the contemporary world.
7 Pages(1750 words)Research Paper
Emigrant and Immigration: How does immigration affect the US economy
The fast development of the nation along with the robust lifestyle of its people creates an urge in the people to migrate to the country and enjoy the same opportunities as its citizens. The different countries in Western Europe
15 Pages(3750 words)Research Paper
How health care cost and the aging baby boomer population will affect the economy
In fact, this cluster has recorded 62% anxiety for health retirement benefits and 71% for health care cost (Court, Farrell, & Forsyth, 2007; Timmermann,
5 Pages(1250 words)Research Paper
How do unemployment, under-employment and discouraged workers affect GDP in an economy
Unemployment in an economy occurs in numerous forms. The first form of joblessness is the normal unemployment that occurs when individuals
4 Pages(1000 words)Research Paper
How does the legalization of marijuana affect Americas economy and patients who need marijuana for medical purposes
It has for example been associated with economic and medicinal benefits that some groups have used to advocate for legalization of the drug. The debate on legalization of marijuana has further been
6 Pages(1500 words)Research Paper
How Colors Affect Us
It can sway our thoughts, change our actions, and initiate reactions. Chromo dynamics is the study of colors and its psychological effect on people (Hari, 2011). Despite the fact that countless number of
6 Pages(1500 words)Research Paper
Let us find you another Research Paper on topic Entrepreneurship: How innovated and small bussiness affect economy for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us