Factors Affecting Entrepreneurial Growth

Entrepreneurship is not random, but influenced by four distinct factors: economic development, culture, technological development and education. In areas where these factors are present, you can expect to see strong and consistent entrepreneurial growth. In areas where they are lacking, entrepreneurship is likely to stagnate. One of the most important factors affecting entrepreneurship is economic environment. It comprises of capital, labor, raw material and market demand.

Factors-Affecting-Entrepreneurial-Growth

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