Role of entrepreneurs

(Redirected from Entrepreneur)

Role of entrepreneurs in modern economy is crucial for development and growth. They perform following important tasks:

  • creation of wealth and prosperity by risking their own resources
  • adding jobs to the labour market
  • giving incentive to develop infrastructure in industrial regions
  • improving tax revenues and income for whole community
  • increasing standards of living
  • they are motivated and use their own energy to motivate others
  • they make products and services that satisfy customers demand
  • they grow their capital and look for investment opportunities
  • they improve whole regional and country level economy

References

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