How can Foundations Facilitate Entrepreneurial Activities?

Abstract

The importance of entrepreneurial activity for economic growth is a widely accepted premise. There is a need for more studies to underpin challenges faced by entrepreneurs in their entrepreneurial activities. To date academic studies on the role and contribution of foundations in reducing challenges and fueling entrepreneurial activities are limited and have not, as yet, been fully completed. Based on an economic, social and social-cognitive theoretical context the paper studies the role and impact of foundations in fostering entrepreneurial activities and identify areas where assistance is needed and could be beneficial