How Can Governments Support Entrepreneurship Development?
Governments play a critical role in fostering a conducive environment for entrepreneurship. They can support Entrepreneurship Development by creating favorable policies, providing financial incentives, and investing in infrastructure and education. For example, tax incentives for startups, grants for research and development, and the establishment of business incubators and accelerators can significantly boost entrepreneurial activity. Additionally, governments can facilitate access to international markets through trade agreements and export promotion programs.