International Entrepreneurial System: People, Policy and Business

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The entrepreneurial system is made up of all the environmental elements and economic actors present in a given region. It is a network of interdependent and self-sustaining relations among organizations, individuals and procedures that collaborate with the aim of fostering innovation as well as entrepreneurial initiatives. The number of actors with entrepreneurial experience and potential determines the strength and capacity of the entrepreneurial system. Entrepreneurs are crucial in market economies because they have a significant impact on the nation's economic expansion. They generate new employment by developing new goods and services, which eventually accelerate economic growth. Entrepreneurship policy is made up of actionable meso, macro and micro initiatives that the government puts into place in order to encourage entrepreneurship. This book provides comprehensive insights into the international entrepreneurial system. It studies and analyses the people, policy and business aspects of this system. The extensive content of this book will provide the readers with a thorough understanding of the subject.