FINANCIAL BOOTSTRAPPING: FOSTERING ENTREPRENEURIAL REVOLUTION

A notable development, have been made during the last decades in our understanding of the relationship between awareness and growth on one hand, and entrepreneurship and growth on the other. Similarly, more insights have also been gained as to how entrepreneurship, innovation, and knowledge are correlated. Still, comprehensive understanding is missing concerning the line of all of those variables. The connection between the micro-economic origin of growth and the macroeconomic outcome is still too elementary modeled to grasp the full width of these complex and intersecting forces. The main objective of this paper is hence to throw light on recent advances in our indulgent of the forces that support the creation of knowledge, its dispersal through innovation, and the role of the entrepreneur in the growth route.