Constructing the Future: Unveiling Novel Approaches to Entrepreneurship Development in Construction and Contracting Industries
DOI:
https://doi.org/10.61424/ijans.v1i1.12Keywords:
Entrepreneurship development; Construction industry; Innovative strategies; Sustainable practices; Strategic partnershipsAbstract
In the building and contracting industries, entrepreneurship development has been studied in this research using innovative and novel ways. Entrepreneurs in the construction and contracting industries need to adjust to these changes in order to stay competitive, given the rising demand for sustainable development and technology improvements. This study identifies a number of creative tactics that entrepreneurs can use to develop their abilities and advance their firms through a thorough review of the literature and case studies. These tactics consist of implementing cutting-edge technology, implementing sustainable habits, forming strategic alliances, and creating efficient financial and marketing plans. Additionally, the article explores the difficulties business owners in the contracting and building sectors confront and suggests ways to overcome them. The study's findings add to the body of knowledge on entrepreneurship in the construction and contracting industries and offer actionable advice for entrepreneurs looking to grow their companies.