Research on the Path of Entrepreneurs Creating Social Welfare: A Discussion Based on Making and Spending Money

Successful business people not only earn profits but also use the wealth they obtain to provide employment opportunities for society, promote technological innovation, and promote economic growth, thereby creating great wealth for society. Based on the Theory of Public Goods and the Theory of Stakeholders, from the perspective of making money and spending money, this paper analyzes the ways entrepreneurs benefit society from the aspects of economic and social contributions, as well as direct and indirect contributions, and criticizes and refutes them. Overall, the contribution of successful business people to social welfare, technological innovation, and employment opportunities through philanthropy, corporate social responsibility, and ethical business practices is conducive to the high-quality development of society. Finally, this paper also envisages future research.