The growth of entrepreneurship can be attributed to several drivers:
1. Technological Advancements: The rise of the digital age has lowered barriers to entry, enabling more people to start businesses with minimal capital. Innovations such as e-commerce, artificial intelligence, and blockchain have opened new avenues for entrepreneurial ventures.
2. Globalization: The interconnectedness of the global economy allows entrepreneurs to reach international markets more easily, expanding their potential customer base and opportunities for growth.
3. Supportive Ecosystems: There are more incubators, accelerators, and venture capital firms than ever before. These platforms provide resources, mentorship, and funding that help startups scale rapidly.