An Exploration into Identification of Opportunities and Challenges of Establishing and Running an Enterprise in the Area of Biofuels

Audretsch and Keilbach (2004) discovered that entrepreneurship exerts a beneficial influence on economic growth by enhancing productivity, fostering technological innovation, and facilitating knowledge spillovers. Acs and Szerb (2009) similarly underscored the significance of high-impact entrepreneurship in creating employment opportunities and fostering economic development.