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Entrepreneurship and Its Impact on Economic Development

Entrepreneurship and Its Impact on Economic Development

Yu Fan

Business School, Lingnan Normal University, Zhanjiang, 524048, China


Abstract: Entrepreneurship is a valuable quality, and it is of great significance to entrepreneurs themselves, the success of enterprises and even to the economic development of a country. Entrepreneurship is a factor to promote China’s economic growth, and it is mainly in the aspects of promoting the development of enterprise entrepreneurship, improving the performance of the company so as to promote economic growth and the ways to affect economic growth. Entrepreneurship can promote employment to bring more economic vitality. Measures such as establishing a good corporate atmosphere and market environment, providing good environmental conditions for the cultivation of entrepreneurial spirit, ensuring the stability and continuity of related systems, and improving the dominant position of enterprises are adopted to provide reliable safeguard for the cultivation of entrepreneurial spirit, and it is vital for the stable development of China’s economy.

Keywords: Entrepreneur; Entrepreneurship; Economic development