THE IMPACT OF STARTUP BUSINESSES ON ENTERPRENEURIAL DEVELOPMENT OF PAKISTAN

Abstract

The impact of startup businesses on entrepreneurial development is a comprehensive study that disclose the essentials role startup businesses, social entrepreneurs and sustainable entrepreneurship contributes towards the welfare of Pakistan’s economy. Startup businesses is an emerging concept and gaining popularity among the masses, but still it has not achieved its full potential due to some obstacles which are being discussed. To some extent it has rendered the society with revolutionary changes, such as employment, innovation in technology and smart solutions, eradication of poverty and promotion on entrepreneurial education and awareness. The purpose was mainly to explore out the challenges startups face and to highlight key factors of success as well. Startups and small-scale enterprises are the way forward and key to economic inclusion and growth for the in pursuit of economic growth societies like Pakistan. Serious concerns of currency de valuation and unemployment is being addressed fruitfully with this concept.