Journal of Enterprise and Business Intelligence

A Literature Review of the Macroeconomic Implications of Entrepreneurship: A Research Perspective of the Future

Journal of Enterprise and Business Intelligence

Received On : 25 June 2023

Revised On : 31 October 2023

Accepted On : 30 November 2023

Published On : 05 April 2024

Volume 04, Issue 02

Pages : 095-104


This study reviews the literature on entrepreneurship from several angles, including the entrepreneur's point of view, finding opportunities, creating a business plan, securing finance, and entrepreneurship's effect on economic well-being. The authors stress the importance of entrepreneurs in developing novel products and services, expanding economies, and developing new methods of doing things. Employment, economic growth, and tax revenues are all highlighted as key benefits of entrepreneurship. In addition, the article delves into what factors, such as taxes, the price of real estate, the nature of government oversight, the need for funding, and the difficulty of enforcing contracts, make up an entrepreneurial ecosystem. It indicates that a good regulatory environment and tax cuts encourage entrepreneurship. Furthermore, the report offers predictions for the future of entrepreneurship, including an increase in low-tech, socially-minded businesses that concentrate on solving local problems. It suggests further studies be conducted on the relationships between various forms of entrepreneurship and their respective development prospects. The report also emphasizes the need of future research using a wide range of dependent welfare factors, as well as foreign comparative studies on entrepreneurship utilizing various common metrics. It also stresses the need for more study into the link between entrepreneurship and social and environmental progress in underdeveloped nations. In its last section, the research stresses the significance of learning about the factors that influence entrepreneurs and how those factors affect incentive and support programs for entrepreneurs.


Entrepreneur, Entrepreneurship, Entrepreneurial Perspective, Social Entrepreneurship, Impact of Society on Entrepreneurship, Corporate Entrepreneurship.

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Xiang Sun, “A Literature Review of the Macroeconomic Implications of Entrepreneurship: A Research Perspective of the Future”, Journal of Enterprise and Business Intelligence, vol.4, no.2, pp. 095-104, April 2024. doi: 10.53759/5181/JEBI202404010.


© 2024 Xiang Sun. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.