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There is no denying the fact that it is their entrepreneurs who played the basic role in bringing America and Japan to their present state of development_ It is also crystal clear that the. key to economic progress and economic independence lies in indigenous investment as opposed to foreign in At the same time, the ground reality is that Pakistan being a developing country is facing scarcity of capital. Therefore, panacea for her economic miseries lies in promotion of small and medium scale business_ That's why each successive government in Pakistan continued the policy of patronizing small and medium scale business by providing easy ;cans, tax incentives and other inducements.
Muhammad Azhar Ikram Ahmad . (2003) ENTREPRENEURSHIP: EVALUATING THE POTENTIAL, Journal of Research ( Humanities), Vol XXXVIII, Issue 1.
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