REENGINEERING THE ROLE OF ENTREPRENEURSHIP IN THE STIMULATION OF ECONOMIC GROWTH

Abstract

Entrepreneurship has a very important role in the economic development of a country. Development of new business through productive business activities gradually to stimulate increased output and expand the number of transactions of goods and services in an area. In other words, the role of reengineering entrepreneurship is the driving wheels for stimulating of the growth of economy. Reengineering entrepreneurial activities can be of the solutions to solve the problems of economic development. Increasing the number of productive businesses developed by entrepreneurs means lead to increasing demand for labor. Indirectly, businesses are able to absorb energy and reduce unemployment. The participation of entrepreneurs in economic development itself includes more than just increasing the number of output and income per capita. Innovation entrepreneur on the economic development of a country is greatly important. Thus, this paper examine Entrepreneurs should trained to 
have the knowledge of modern management techniques and acquire proper managerial skills. the Nigerian government should provide and maintain adequate infrastructural facilitates in both the rural and urban areas to encourage entrepreneurship