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Edited by: Editorial Board of Journal of Data Acquisition and Processing
P.O. Box 2704, Beijing 100190, P.R. China
Sponsored by: Institute of Computing Technology, CAS & China Computer Federation
Undertaken by: Institute of Computing Technology, CAS
Published by: SCIENCE PRESS, BEIJING, CHINA
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      1 Jan 2023, Volume 38 Issue 1   
    Article

    1. ENTREPRENEURSHIP'S IMPACT ON INDIA'S ECONOMIC GROWTH - AN EVALUATION
    Dr. G.Yoganandham, Mr. A. Abdul Kareem
    Journal of Data Acquisition and Processing, 2023, 38 (1): 2987-2994 . 

    Abstract

    Entrepreneurship, which is the process of creating or removing value, is crucial for economic expansion. It acts as the center of the spark that starts the economy. Through making the most of available resources to generate wealth and income for the nation, entrepreneurship helps to boost the economy and rise the per individual income and the net national product of the nation. This industry consists of first-generation business owners, startups, and SMEs. With business, value can be added or taken away. Entrepreneurship improves living conditions, makes it easier to obtain goods and services, and promotes economic expansion. Due to its positive effects on capital formation, employment creation, living standards, wealth creation, per capita income, export trade, and nation-wide development, entrepreneurship has a positive impact on economic growth. Entrepreneurship is a skill set that can be applied to both large and small companies and is a combination of money, technology, and human talent. By establishing new businesses, bringing about employment growth, and enhancing indicators like Gross Domestic Product (GDP), exports, and standard of living, it promotes economic growth. To increase local wealth, diversify the economy, promote employment growth, and broaden the tax base, economic development is an endeavor. To increase the effectiveness of the investigation, secondary data is gathered and summarized with a thorough and analytical emphasis. This research paper mainly focuses on the impact of entrepreneurship on Indian economic growth with the help of secondary sources of information and statistical data pertaining to the theme of the research article. Therefore, this study seeks to assess how entrepreneurship has impacted India's economic growth from a social, political, and economic perspective.

    Keyword

    Entrepreneurship, Economic Expansion, Capital Formation, Employment Creation,


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