Innovation and Entrepreneurship: A Growth Model by G. Dale Meyer

"Innovation and Entrepreneurship: A Growth Model" by G. Dale Meyer outlines how innovative ideas and entrepreneurial efforts drive economic growth. The model suggests that entrepreneurship introduces new products, services, and processes, which create new markets and improve efficiency. Innovation fuels this process, leading to expanded economic activity, job creation, and increased wealth. Entrepreneurs act as catalysts, transforming creative ideas into viable businesses that contribute to overall growth. Essentially, the model highlights the dynamic relationship between innovation, entrepreneurial action, and sustained economic development.