The Role of the Entrepreneur in Innovation and in Economic Development

Entrepreneurs have a very important role in the economic development of a country. Development of new business through productive business activities gradually to stimulate increased output and expand the number of transactions of goods and services in an area. In other words, the role of the entrepreneur is the driving wheels of the economy. So the taller the number of entrepreneurs in a country, the taller the level of economic development of the country. Problems in the forefront of economical development in developing countries unresolved is the high unemployment and low growth and economical development of the country. The existence of an entrepreneur can be one of the solutions to solve the problems of economic development. Increasing the number of productive business developed by entrepreneurs means lead to increasing demand for labor. Indirectly, businesses are able to absorb energy and reduce unemployment. The participation of entrepreneurs in economic development itself includes more than just increasing the number of output and income per capita. Innovation entrepreneur on the economic development of a country is greatly important. An understanding of the evolution of the product is still highly poor. It is a process to be followed where innovation is developed and commercialized by entrepreneur's activity, which then stimulate economic growth.