Study on the Importance of Knowledge, Innovation and Entrepreneurship on the Country’s Progress

Entrepreneurship as a term has become a well-known term around the world, where the society sees the entrepreneurs connected with the well-being and economic development of any country. In the same time, the importance of innovation has been highlighted many times but little has been said about the major source of entrepreneurial opportunities that potentially can arise from that innovation idea. This research focuses on the role of knowledge in creating opportunities that can be exploited through innovation and possibly with some future entrepreneurial step. We would analyse the theoretical models of growth vis-à-vis the link between the knowledge, innovation and entrepreneurship. Also we will try to comprehend the forces of knowledge and how innovation and entrepreneurs make it marketable and help the growth process