The Role of Entrepreneurship Activity in Economic Development

Abstract

The paper presents a summary of the literature on the significance and importance of entrepreneurship to economic growth and development. Entrepreneurship has been shown to have been seen to lead to an overall optimistic development in many economic data. There is a general expectation that this inquiry would address the question of whether there is a correlation between the entrepreneurial enterprise and economic growth. In countries with various economic groups, different citizens are classed due to how much wealth they have. The data used in this paper were extracted from the World Bank, the World Entrepreneurship Monitor (WEM) over the last five years, and the World Economic Forum has a Database of Worldwide businesses. However, in low-middle- and middle-income nations, growth-oriented entrepreneurship is associated with economic progress. Analysis of various countries and different levels of economic growth, so it can be claimed that entrepreneurship serves a special position.

Problems and Possible Solutions of Post-Disaster Housing Reconstruction Projects in India

“…In addition, the literature separates direct market loss (damages to those goods whose price can be ascertained in the market) (Sangha et al, 2020) and non-market loss (like loss of life and destruction of protected sites, among others) (Rogers et al, 2019). Several years of slower economic development are among the long-term consequences of ND (Botzen et al, 2019;Sanchaniya & Geipele, 2021). The magnitude of loss relies on the susceptibility of individual families and the capacity of local and national agencies to mitigate the effects (Eriksen et al, 2021).…”

Identifying existing properties for reuse into social housing

“…According to [16], increasing social housing can help young families with affordability difficulties in the near term without eventually negatively impacting the property market. It contributes to economic development over time [36]. Therefore, the government must strike a balance between the housing market and the economy as a whole [37].…”

Role of Real Estate Management Firms Toward Sustainability in India

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Since the formation and development of market relations in the country, private ownership of the means of production, and the emergence of the real estate market, real estate as a specific object of management, which has a significant socio-economic impact and the particulars of market circulation, has appeared and been developing in the economy. Several things that once comprised fixed assets have acquired a new property: the ability to circulate on the commodities market as a specific product -real estate -and on the stock market as an entrepreneurial asset [1]. This requires a fundamentally different method of operation for businesses and organisations [2].

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