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Journal of Emerging Trends in Economics and Management Sciences (JETEMS)

ISSN: 2141-7024

 

Article Title:
The Impact of Entrepreneurship on the Economic Growth of an Economy: An Overview
by Nkemjika Bernardine Nwagu and Edwin Ehiozogie Enofe, Ph.D,

Abstract:
This paper observed that different authors have discussed, at diffirrent times, some specific scope of coverage of the impact of entrepreneurship on the economic growth of the various economies of the world, using differrent methodologies, with different findings and recommendations, but none of them concentrated specifically on the overview. This paper, therefore, deemed it fit to give an overview of the subject matter in order to update the literature on the discussion on the subject matter, and thus contributed to the body of knowledge on the subject matter. It employed the discussion method by highlighting the conceptual clarifications of entrepreneurship, presented the link between entrepreneurship and economic growth in theory and practice in different issues or variables; and then made its conclusion, which emphasized that entrepreneurship had, and has contributed, and will still continue to contribute to economic growth of the different economies of the world; and thus recommended that all stakeholders should encourage this relatiomship between the two of them.
Keywords: Entrepreneurship, Economic Growth, Economy, Impact, Implication, Overview
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