THE IMPORTANCE OF ENTREPRENEURS IN SOCIETY: A STUDY CONDUCTED IN MYSORE

Entrepreneurship plays a significant role in promoting the socio-economic development of society. The findings of the study indicate that respondents generally have a positive perception of entrepreneurship and recognize its contribution to employment generation, innovation, economic growth, and community development. The strong positive correlation between the entrepreneurship ecosystem and socio-economic development confirms that a supportive entrepreneurial environment contributes to overall societal progress. Although respondents appreciated the entrepreneurial climate in Mysore, improvements are still required in institutional support, financial accessibility, and social contribution initiatives. Overall, the study concludes that entrepreneurship is an essential driver of sustainable economic development, and greater support from government, educational institutions, financial organizations, and society will further strengthen entrepreneurial growth in Mysore.

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