ROLE AND IMPORTANCE OF ENTREPRENEURSHIP SUPPORT

Abstract

Dynamic forces such as technological changes, unstable economies, or demographic changes have brought new opportunities and threats to organizations and transformed societies around the world. In order to cope with these changing forces, governments, public and private organizations, and the public are beco- ming more and more aware of the importance of entrepreneurship. Entrepreneurship has become the cornerstone of economic develop- ment. Entrepreneurship is a multifaceted pheno- menon that is analyzed as a process, resource or state of existence. Public awareness of this phenomenon has generated much interest from the academic community and legislators, resulting in the creation of a wide range of business support initiatives. The article con- siders directions of support of entrepreneurship by the state

Keywords

• small business support
• entrepreneurship
• enterpreneurship support
• government
• resources
• state support mecanism