The modern market economy is an interconnected system, which includes many entrepreneurs. The role of business enterprises in the economy of any country is difficult to overestimate. It is business that creates new jobs, implements technological innovations, and ultimately helps to increase the economic power of the state.
Entrepreneurship and Economics
Entrepreneurship can be called the engine of the modern economy. Even the most developed state is not able to cover all aspects of economic activity without the support of a special layer of people involved in the creation and development of their own enterprises. Energetic and active businessmen find application for their organizational abilities in various sectors of the economy, filling niches that are not accessible to the clumsy state mechanism.
Creating enterprises for the production of material goods and the provision of various kinds of services, entrepreneurs solve the problems of employment. Most jobs are created in small and medium enterprises. In this way, the foundation is laid for the formation of the middle class, without which society cannot develop and flourish stably.
Entrepreneurship forms in society a special layer of people who are able to independently, at their own peril and risk, to solve complex tasks of managing the economy. At its core, entrepreneurial activity is a kind of forge of natural leaders, followed by other people. The expansion of the layer of entrepreneurs guarantees self-government to society, in which most of the pressing economic issues are resolved without the direct participation of the state.