Study Examining New Technologies and Sustainable Development with a Focus on Social Entrepreneurship

Ambrose Jude Preminger

MPRA Paper from University Library of Munich, Germany

Abstract: The economy of today is characterized by rapid change at any given time. Adaptability is the key to success in such an environment. When one examines the historical development of economic theory, it becomes evident that the development of industry and the advancement of a community's economy are based on the development of new ideas and innovations. Without being at the forefront of science and innovation, it is unlikely that any country will be able to pass the development route. An important tool for achieving this goal is entrepreneurship. In an economic system based on entrepreneurship, innovators and owners of ideas are among the most important factors for the advancement of the system. Entrepreneurship is closely related to economic and social development, and it is considered an important indicator of development in developing countries today. In light of the special role and position of entrepreneurs in the process of economic growth and community development, many governments in developed and leading countries are attempting to foster the development of a number of community members with entrepreneurial characteristics. Aiming to maximize opportunities and exploit research achievements in order to promote entrepreneurship education and entrepreneurial activities. By promoting entrepreneurship and providing an environment conducive to growth and development, it will be possible to eliminate current issues and problems associated with entrepreneurship, as well as the unemployment of university graduates and the great problem of other unemployed persons. Research has shown that entrepreneurship can contribute to economic growth through a variety of channels. In order to create knowledge overflow in the new theories of growth, when the economy reaches sustainable status, income growth per capita would only be possible via knowledge growth, which would result in more efficient production technologies with greater productivity. With this context in mind, the intersection of social entrepreneurship, technology development, and sustainable development is very important in today's world. Developing entrepreneurship is essential to meeting these needs and achieving these goals.

Keywords: Community Development; Entrepreneurial Activities; Entrepreneurship; innovation; Social Entrepreneurship, Sustainable Development, Sustainable Development and Technology. (search for similar items in EconPapers)
JEL-codes: L26 O14 Q01 (search for similar items in EconPapers)
Date: 2022-10-16
New Economics Papers: this item is included in nep-cse, nep-ent and nep-env
References: View references in EconPapers View complete reference list from CitEc
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Published in Amity University Press 2.4(2022): pp. 23-33

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