THE INFLUENCE OF ENTREPRENEURSHIP ON ECONOMIC DEVELOPMENT: A GLOBAL PERSPECTIVE

Entrepreneurship has been acknowledged as a major solution for several economic, social and environmental consternations. It has been, and will keep on to be, one of the major drivers of universal economic development and sustainability. Entrepreneurship is an important engine of growth in the economy. Entrepreneurship is the capacity and willingness to formulate, organize and manage a business venture along with anyone its risks to make a profit. This paper looks into the impact of entrepreneurship in economic growth and also made several recommendations such as; the need for government to make policies to enhance entrepreneurship development, provision of basic infrastructures to enable entrepreneurship strive and also the introduction of entrepreneurship education at the post-primary education