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ENTREPRENEURIAL CAPACITIES DEVELOPMENT THROUGH ECOSYSTEM SUPPORT
Abstract
Innovation and economic growth depend on entrepreneurial potential, which is fostered by a multimodal strategy that includes risk acceptance, education, resource accessibility, and supportive environments. The literature emphasizes how important training approaches, exercises, and critical phases of entrepreneurship are as success factors. The provision of mentorship, networking opportunities, and financial assistance are essential components in the encouragement of entrepreneurial pursuits, as they cultivate a mentality of adaptability and daring. Critical thinking and risk readiness are encouraged throughout the many stages of entrepreneurship through active learning, specialized courses, and real-world internships that enhance capacities development. This study used a qualitative methodology, focusing on group discussions with twelve seasoned business owners. The approach enabled a range of viewpoints and views, revealing tactics for promoting entrepreneurship. Participant involvement and organized talks brought important details to light; they were then analyzed to find recurring themes and useful strategies. This research highlights the necessity for fostering entrepreneurial ecosystems through inclusive, supportive, and educationally robust environments, nurturing a culture of innovation and sustained success.
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