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Impact of Hybrid Entrepreneurs on Economic Development and Job Creation
Abstract
Hybrid entrepreneurship, where individuals balance traditional employment with entrepreneurial ventures, is emerging as a significant force in today's economy. These entrepreneurs drive innovation, job creation, and economic development by leveraging their corporate experience and entrepreneurial agility. This chapter explores the role of hybrid entrepreneurs in fostering organizational innovation, contributing to economic resilience, and creating jobs. It also highlights the importance of education, policy, and economic development strategies in supporting hybrid entrepreneurship, emphasizing the need for flexible work arrangements, access to funding, and mentorship to enable their success.
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