International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 5 September-October 2024 Submit your research before last 3 days of October to publish your research paper in the issue of September-October.

Entrepreneurial Innovation and Economic Development: Historical and Modern Perspectives

Author(s) Mr. S. Shanthi Kumar, Dr. M. Anjaneyulu IDAS
Country India
Abstract Entrepreneurship, a cornerstone of economic development and innovation, involves identifying and exploiting opportunities through new ventures. This paper delves into the evolution of entrepreneurship, its components, processes, and various forms, while also discussing strategies for entrepreneurial success. From historical perspectives provided by Cantillon, Say, and Schumpeter to modern concepts such as social and biosphere entrepreneurship, the paper offers a holistic view. It also highlights the importance of an enabling ecosystem comprising government support, educational institutions, and financial entities, emphasizing the need for effective risk management and strategic planning.
Keywords Entrepreneurship, Economic Development, Innovation, Business Ventures, Opportunity Identification, Entrepreneurial Ecosystem, Risk Management, Business Planning
Field Business Administration
Published In Volume 6, Issue 5, September-October 2024
Published On 2024-10-01
Cite This Entrepreneurial Innovation and Economic Development: Historical and Modern Perspectives - Mr. S. Shanthi Kumar, Dr. M. Anjaneyulu IDAS - IJFMR Volume 6, Issue 5, September-October 2024.

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