A study of growth of entrepreneurship

Entrepreneurs play a major role in the process of economic development of a country. They not only look opportunity but identity opportunity mainly for gain. In a developing country like India, the process of development highly depends upon human activities. A well planned human activities can bring about socio economic development at a faster rate. This sector has a large potential for providing employment by absorbing the unemployed people and contribute significantly to social and economic development. In view of this, the government of India and most of the state governments are encouraging the growth of entrepreneurship. This is a conceptual paper based on contribution of entrepreneurship in economic development.