Question: NSWER IF YOU KNOW ONLY PLEASE. ENTERPRENEUR SKILL EXPLAIN ABOUT impact on entrepreneurship on local economy BELOW AND GIVE EXAMPLE. ( explain about innovation and

NSWER IF YOU KNOW ONLY PLEASE.

ENTERPRENEUR SKILL

EXPLAIN ABOUT impact on entrepreneurship on local economy BELOW AND GIVE EXAMPLE.

( explain about innovation and job creation only)

Innovation =Is the process of creating something new, which is central to the entrepreneurial process. Small innovative firms are 16 times more productive than larger innovative firms in terms of patents per employee.

Job Creation Small businesses create a substantial number of net new jobs in the United States. Firms with 500 or fewer employees create 65% of new jobs on an annual basis.

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