Robin Holdings
August 4th,2022
No economy can afford a slow pace of growth; therefore, it must find a quick response to overcome economic recession. In an optimal context, industries and markets for goods and services must remain in a process of constant advancement.
Entrepreneurs are individuals who, in addition to satisfying their own objectives, mostly economic and financial, must use their resources to meet the needs of society, since only in this way will businesses be sustained and be able to emerge from the current economic situation.
Therefore, job opportunities linked to entrepreneurship with high levels of performance are mandatory and essential for global economies.
But what is entrepreneurship? From our point of view, it is the ability to plan, organize, lead and drive an idea or initiative from the development of an enterprise, facing difficulties as challenges and areas of opportunity.
The positive relationship between entrepreneurship and economic growth has gained relevance in recent years. Developing countries, mainly in Asia, have resorted to entrepreneurship to stimulate their economic situation.
In this regard, entrepreneurship, based on innovation, boosts the growth of economies in critical periods. Currently, developing countries are characterized by few incentives for entrepreneurship. However, public policy makers should consider that, in periods of recession, economic resources -mainly capital- are scarce; however, innovation can be a solution.
