Abstract:
There is general consensus that tourism entrepreneurship is the main driver of the economy of most developed and developing nations. Most of the tourism SME are pioneers by entrepreneurs resulting in growth in gross domestic product GDP through foreign exchange earnings, massive domestic employment, technological breakthroughs and innovations. Most governments, institutions and NGO have encouraged and funded entrepreneur initiatives. Recent there has been massive fraud by incompetent unqualified unethical entrepreneurs, resulting in diversion of funds meant for tourism SME growth, business failures. Hence, the need for productive ethical entrepreneurs that can build and develop strong tourism enterprises. These would drive economy growth, productivity and deliver the benefits of entrepreneurship to the economy.
|