The Impact of Entrepreneurship on Economic Growth: Exploring the Role of Technological Innovation and Institutional Quality in South Asia

This study examines the key factors influencing economic growth in South Asia, namely entrepreneurship development, technological innovation, and institutional quality. By analyzing annual data from 2010 to 2022 across South Asian countries (excluding Afghanistan), a strong correlation between these factors and economic prosperity is revealed. These findings emphasize the importance of nurturing entrepreneurship and fostering technological advancements in promoting sustainable economic growth in the region. However, significant barriers to progress must be addressed. Enhancing financial development and improving institutional quality are identified as crucial steps to unlock South Asia's vast potential. With the implementation of effective policies, governments and institutions can harness these influential factors to drive unparalleled economic progress in the region.