The Role of Society in Nurturing Entrepreneurs in Pakistan

Abstract

Understanding about the role society should play in nurturing and grooming of risk seekers is critical for every society in order to produce better entrepreneur and increase the prospects socio-economic uplift. The economic strength of a society stands on the number of risk seekers breathe in it. A nation is likely to remain rearward not because of scarcity of infrastructure or drought of natural resources, but because of the absence of entrepreneurial skill to tap the buried resources existing with in that society. The purpose of this study is to investigate the causal relationship between nurturing of entrepreneurs (dependent variable) and the societal factors (independent variable) including role of education system, family support and, government policies.

Keywords: Society, Pakistan, Risk, Entrepreneurs, Socio-Economic Support