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The Relationship between Entrepreneurship Development and Unemployment Reduction in Pakistan
Ali Asad, Hafiz Muhammad Ali, Umar Islam
Volume 14 Issue 10
Global Journal of Management and Business
Volume 14 Issue 10
Global Journal of Management and Business
Entrepreneurship is considered as a medium of tackling the problems of unemployment. The purpose of this study is to examine the need in order to reduce unemployment through entrepreneurship in Pakistan. The regression results indicate that 91 percent variations in entrepreneurship development have been explained by the explanatory variables. The unemployment rate has been found to be negatively related to entrepreneurial development. High rate of unemployment has been associated with low level of entrepreneurial development in economy of Pakistan.
