Entrepreneurialism: It’s Contribution to Community Development

Abstract

Entrepreneurialism is a state of an individual’s feeling in making his ideas into reality. Entrepreneurs are the people who build and create unique and innovative products and services that may satisfy the need of a particular market. These individual creates an ecosystem that is participative and need each other to work. It helps a community to develop and grow. Building entrepreneurial ecosystem that is beneficial to the community and its members has contributors that includes; conducive culture, quality of human capital, the extent and kind of policy, the availability of finance, the support from its people and government and venture friendly market. By creating this kind of healthy ecosystem for entrepreneurs, it creates a unique community that values the importance of their society in doing business. In this journal we will investigate and define the different entrepreneurial ecosystem’s domain and its contribution to community development including the culture, behavior,and attitude it create.