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International Journal of Economics & Management Sciences

Entrepreneurship, Innovation and Public Policy: A Survey of Literatures

Quttainah MA*
College of Business Administration, Kuwait University Safat, Kuwait
Abstract :

This paper intends to explain the relationship between innovation and entrepreneurship as crucial determinants of economic growth. Individual differences are what scholars in the emerging field of entrepreneurship view as relevant, usually undermined factors that account for the success of entrepreneurs. Policymakers usually initiate public policies from what economists have to say. It is not surprising policymaking process originates as top down approach. This paper tries to accomplish two tasks. “In informal attempts to explain [the growth of free market economy], the terms ‘innovation’ and ‘entrepreneur’ frequently recur. Yet in the main body of our writings on microeconomic theory these two words are also scarcely to be found”. 

Keywords :
Entrepreneurship; Innovation; Market economy

Date Deposited : 25 Apr 2016 12:56

Last Modified : 25 Apr 2016 12:56

Official URL: http://www.omicsonline.com/

Volume 4, Number 8, October 2015 , ISSN 2162-6359

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