ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT

Abstract

The paper looks very briefly at the issues of entrepreneurship and its importance to economic development. These issues have permeated the business / management discourse in recent times and are of particular importance to the developing world. Entrepreneurship lacks a universal definition. It plays a key role in respect rto0 economics development and therefore the paper
bears relevance to all facets of economic and general development. The paper therefore attempts to unpack these issues in an orderly manner, for purposes of understanding the terminology and its importance to a host of competing understanding and variables. By so doing it unpacks the very subtle nuances that permeate the thinking that surround these issues.