Entrepreneurship Drives Economic Progress: A Game-Changer for Society
Entrepreneurship plays a crucial role in driving economic progress. The article discusses the difference between growth and progress, highlighting the importance of entrepreneurship over traditional management. It emphasizes how markets, knowledge, and institutions are key factors in fostering entrepreneurial opportunities. The research also underscores the impact of the political environment on entrepreneurship and suggests that national income accounting and public policy should consider the role of entrepreneurship in economic development. Ultimately, the article concludes that entrepreneurship is essential for driving economic progress and should be supported by conducive environments and policies.