The Role of the Entrepreneur in Innovation and in Economic Development

Abstract

-Entrepreneurs have a very important role in the economic development of a country. Development of new business through productive business activities gradually to stimulate increased output and expand the number of transactions of goods and services in an area. In other words, the role of the entrepreneur is the driving wheels of the economy. So the taller the number of entrepreneurs in a country, the taller the level of economic development of the country. Problems in the forefront of economical development in developing countries unresolved is the high unemployment and low growth and economical development of the country. The existence of an entrepreneur can be one of the solutions to solve the problems of economic development. Increasing the number of productive business developed by entrepreneurs means lead to increasing demand for labor. Indirectly, businesses are able to absorb energy and reduce unemployment. The participation of entrepreneurs in economic development itself includes more than just increasing the number of output and income per capita. Innovation entrepreneur on the economic development of a country is greatly important. An understanding of the evolution of the product is still highly poor. It is a process to be followed where innovation is developed and commercialized by entrepreneur's activity, which then stimulate economic growth.

Innovation and entrepreneurship as drivers of economic development

“…There have been several studies, in recent years, showing a strong relationship between innovation and entrepreneurship with economic development (Fritsch, 2013; Drucker, 2014; Fang and Chiu, 2017). According to Riswanto (2016), entrepreneurs play a central role in the economic development of nations, so entrepreneurs are the driving force of any economy. As advocates Xiao (2008), it appears that the economic development models must promote both entrepreneurship and innovative activities.…”

The role of innovativeness-based market orientation on marketing performance of small and medium-sized enterprises in a developing country

“…In the marketing, research process plays an important role to improve company performance, therefore it is important that companies increase the amount of fund allocation that is directly related to the development of existing parts in the company in order to improve the performance of all workers in the company which will ultimately contribute positively on organizations (Ayuba & Kazeem, 2015). Various creativities and innovations carried out by entrepreneurs have positive influences in increasing the development of a country and categorizing the country into a developed country (Ari Riswanto, 2016b). The development of Micro, Small and Medium Enterprises (MSMEs) and large enterprises in Indonesia in 2012-2013 has progressed.…”

Pendampingan Kreativitas Dan Kemandirian: Pendidikan Calon Wirausahawan Muda

“…Selain itu, jumlah pengangguran yang sebanyak 7,45 juta orang ini meningkat sekitar 300.000 orang dibandingkan Februari 2014 yang sebanyak 7,15 juta orang (Riswanto, 2015). Disisi lain, jumlah wirausahawan di Indonesia jumlahnya tidak mencapai 2% dari jumlah penduduk Indonesia, atau tepatnya tahun 2016, tentang pengusaha di Indonesia, jumlah bisnis baru mencapai 1,65% dari seluruh populasi Indonesia (Riswanto, 2016), dimana untuk menjadi negara maju, sebuah negara harus punya minimal 2% jumlah pengusaha dari seluruh penduduk di suatu negara tersebut.…”