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Impact of Hybrid Entrepreneurs on Economic Development and Job Creation
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Author(s): Emil Joseph (St. Joseph's College of Commerce, Bengaluru, India)
Copyright: 2025
Pages: 22
Source title:
Applications of Career Transitions and Entrepreneurship
Source Author(s)/Editor(s): Muhammad Nawaz Tunio (Aspire Center for Entrepreneurship, Innovation and Social Competence, University of Klagenfurt, Austria & The University of Sufism and Modern Sciences, Bhitshah, Pakistan)
DOI: 10.4018/979-8-3693-4163-6.ch003
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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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