IJMCR ISSN: 2321–3124
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Article Published In Vol.5 (Jan-Feb-2017)

Entrepreneurship as a Catalyst for Economic Development and Diversification-A Case study of Botswana

Author : Dr. B. Natarajan, Stegi Shine and Kulur Guna Shekhar

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Entrepreneurs are considered as backbone for a country’s economic development. Entrepreneurs are playing an important role in enhancing the standard of living of people and economic development of a country. In recent years economic growth has slowed down globally which reflect in the form of inflation and high rate of unemployment rate. To overcome this challenge most governments have taken different measures to alleviate these problems. In this study the author examined the role of entrepreneurship towards economic development in Botswana. Furthermore the author reviewed the economy of Botswana under different sectors like agriculture, mining, trade, tourism, private sector development and financial sector. This study also sought to find out the ways of diversifying the economy further to increase employment opportunities in Botswana. For this study the author analyzed published literature on the topics. Thematic analysis was used to identify the key themes guiding this study.

Keywords: Entrepreneurship, Economic development, Diversification

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