capital that is pumped to run these enterprises, revenue generation is increasingly becoming significant in many economies. The role of Entrepreneurship in Economic Growth It is important to analyze the role played by entrepreneurs in the growth of economy in many countries. They are often referred to as ‘engines of economic growth’ because they propel economies (Ogbo & Nwachuku, 2012). Thus, the main contribution of entrepreneurship in many economies of the world is provision of employment opportunities
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even clerics or divines made his cut. Moreover, Glazer observed that attempts on the part of "occupations" such as urban planning to transform themselves "into professions in the older sense, and the assimilation of their programmes of training into academic institutions, have not gone smoothly." [2] But minority status by itself is not why "Trivial Profession" appeared on the whiteboard. It was there because of a swelling perception, especially among young scholars and practitioners, that planning is
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COMPREHENSIVE STUDY: Link between ICT growth and economic growth in the Greater China Region Background: As to these days, perhaps the most important enabling technology worldwide: Information and Communication Technologies (ICT). China is not the only fast-growing economy that is making waves around the world. ICT in China’s current economic growth rate is approximately 9 percent annually, which is impressive economically. Its contribution to global GDP growth since 2000 has been almost twice
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Entrepreneurial opportunities exist and individuals just need to recognize them. If they have the willpower and decide to exploit an existing opportunity, this will lead to economic growth. There are at least two arguments which indicate that the relationship between opportunities, entrepreneurship, and economic growth is more complicated. First, opportunities do not fall from heaven they need to be created. Second, an individual needs to make the decision about whether or not to exploit the opportunity
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not select groups. According to Appendix B in the textbook, the literacy percentage is 68.6 for males and a mere 42.1 for females which seems opposite of how the video portrayed India to have better academics (De Blij, Muller, & Nijman, 2012). Nevertheless, literacy is a crucial part of economic growth of a country
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what is the limitation that needs to be adjusted to orient the growth trend that makes the life better in the future. To meet up with this expectation, Gross Domestic Product (GDP for short) has been used as a method of evaluating the human well-being for a long time all over the world. But with the introduction of Human Development Report in 1990, the Human Development Index (HDI) has attracted great attention of policy and academic circles, as well as broader community around the world. This appearance
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result of re-introducing the bill under a different impression after overwhelming opposition in the country, especially from the Catholic Bishops' Conference of the Philippines.[2][3] The law is highly divisive and controversial, with experts, academics, religious institutions, and major political figures supporting and opposing it, often criticizing the government and each other in the process. Debates and rallies proposing and opposing the bills, with tens of thousands of opposition particularly
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McKinsey Global Institute July 2013 Game changers: Five opportunities for US growth and renewal The McKinsey Global Institute The McKinsey Global Institute (MGI), the business and economics research arm of McKinsey & Company, was established in 1990 to develop a deeper understanding of the evolving global economy. Our goal is to provide leaders in the commercial, public, and social sectors with the facts and insights on which to base management and policy decisions. MGI research combines
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new warehouse space demand index used for measuring demand. What Drives Demand? The traditional determinants used to forecast space demand, have been limited to population, employment and growth factors. Academic research studies have found that using employment changes and population growth changes do not give accurate measures of demand. In the case of the warehouse market, space demand has grown noticeably much faster than would be expected based on employment measures. (Wheaton and
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industrial policy including conceptual frameworks and its differences with other East Asian countries Executive Summary: one of the Key debates in the developmental literature is the role of government intervention in East Asia. China has generated huge growth rates over recent decades hence this report analyses the industrial policies they used extensively from a historical perspective to how they developed. A comparison will then be made with the industrial policies of Japan, Taiwan and Korea (JTK), where
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