The Impact of Business Environment on Entrepreneurship
Download as PDF
DOI: 10.23977/WTED2022.037
Author(s)
Jingchen Wang, Xingran Ma, Yi Du
Corresponding Author
Jingchen Wang
ABSTRACT
This paper uses literature research to explore the impact of business environment on entrepreneurship. Through reviewing a series of literatures, it has found that the good business environment is benefit to promote the entrepreneurship and innovation, because it can make the business to collect more funds, operate in a fair environment and obtain the support from government and reduce the risk in the operational process. On the contrary, a bad business environment increases the operational risk, make a business to suffer a loss and lead to the lower productivity. Therefore, in modern China, it needs to use effective government and non-government policy to improve the business environment, through which to attract more investment, and then to promote the national innovation and economic growth.
KEYWORDS
Business Environment, Entrepreneurship, Innovation, Economic Growth