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Impact of Entrepreneurship Development & Urbanization on Economic Development”

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Impact of Entrepreneurship Development & Urbanization on Economic Development”
“Impact of Entrepreneurship Development & Urbanization on Economic Development”
Shilpa loomba & Dr. S.K.Sindhi

Abstract:- The paper reveals the interlinked effects of entrepreneurship & urbanization on economic development. Urbanization is increasing day by day due to increase in Entrepreneurship in developed areas. This is ultimately affecting per capita income, employment level & growth of population in urban areas. Up to some extent it is beneficial for the economy as entrepreneurship & urbanization enhancing employment, per capita income & economic growth in major sectors.

Key words: - Economic Development, Urbanization, Entrepreneurship, Employment, per capita income

Objectives:-
1. To study the interlinked relation between entrepreneurship & urbanization.
2. To study the economic effects of entrepreneurship & urbanization on economy.
3. To determine the role of entrepreneur in employment generation.

Research Methodology:-
It is an empirical study under which the data has been collected from various secondary sources such as census reports, world fact book, journals & publications.

Introduction:-
Urbanization refers to a process in which an increasing proportion of an entire population lives in cities and the suburbs of cities. Historically, it has been closely connected with industrialization. When more and more inanimate sources of energy were used to enhance human productivity (industrialization), surpluses increased in both agriculture and industry. Larger and larger proportions of a population could live in cities. Economic forces were such that cities became the ideal places to locate factories and their workers.
The United Nations estimates indicate that at mid 1990s, about 43 per cent of the world population lived in urban areas. With the urban population growing two and half times faster than its rural counterpart, the level of urbanization is projected to cross the 50 per cent mark in 2005. United Nations projections further show that



References: - Lal K. Anil & Clement W. Ronald, 2005. “ Economic Development in India : the role of individual Enterprise ( and Entrepreneurial spirit),” asia-pacific development journal, Vol. 12, No. 2, December 2005 Census of India ( 1991 ) “ Emerging Trends of Urbanization in India “, Occasional paper No. 1 of 1993, Registrar General, New Delhi. Bhagat B.R,” Urbanization in India: Demographic Reappraisal” Various census reports The revision of world urbanization prospects-2009 Gupta, Rajat, 2001. “Creating Indian entrepreneurs,” India Today, February 12.

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