The role of entrepreneurship in developing countries in recognition of the Philippine MSME sector

Abstract

Countries in today’s global challenges continue to give great importance on entrepreneurs and entrepreneurship to elevate the lives of people from poverty and to assist economic growth from dynamic changes of reality. The rise of Micro, Small, and Medium Enterprise (MSME) sector creates a conducive environment for business, secures employment generations to people, and stimulates economic growth. As MSME sector continues to boost the development of a country, the Philippine government and non-government sectors give much assistance to this emerging trend of business that will equip entrepreneurs with an efficient and effective tool of doing business starting 2004 to 2010.