SMS Journal of Entrepreneurship & Innovation, vol.6, pp.21-27, 2019 (Peer-Reviewed Journal)
Role of Strategic Entrepreneurship to Develop the Enterprises
Strategic Entrepreneurship plays a very important role in various areas such as economics psychology and
social rather than organization behavior and Organization theory.
In this paper, we have merged statistical management and Entrepreneurship to strategic entrepreneurship. To
grow strategic entrepreneurship we have focus and input what is out to explain our view of the buildup of
strategic entrepreneurship. We try to add separate knowledge and skills to develop the strategic
entrepreneurship especially tried to build and explore the resource planning practice which is important for
strategic entrepreneurship. Through that its outcomes is for creating value for customers, increasing wealth
for stakeholders and trying to develop the benefit for participants of society.
Another entrepreneur also gets benefits and financial wealth products and personal satisfaction and joy.
Which they need to get better. Therefore we developed a strategic entrepreneurships model to motivate
entrepreneurs. Presently there are multiple types of entrepreneurs but they have not planned how to be
successful. Moreover, there are a lot of successful entrepreneurs in the world. To find out why some
entrepreneurs are successful and others are not successful. Even entrepreneur role model of the economic
engine which motivates many nations' wealth.
Keywords: Strategic Entrepreneurship, Strategic management, economic engine