Business Development

Entrepreneurship has been viewed and cited by researchers as an important and key contributor to the industrial development of the EU as well as a significant driving force in the economic development of individual regions and countries. An analysis of the rich and poor countries in Europe to determine what causes the difference in the levels of wealth shows that entrepreneurship and knowledge are the most dominant cause of wealth and entrepreneurship is the most critical and necessary factor for effective economic development.

In the knowledge-intensive economy the company you keep is more important than the company you work for.