Abstract

The emergence of Human Resource Development and entrepreneurship is spreading around the world at an ever-increasing pace. Entrepreneurship is a catalyst for economic growth both in industrialized and developing countries. No doubt, entrepreneurs establish new businesses, create employment and provide services and products to boost sustainable development. The importance of small business and private enterprise in any economy is now widely recognized as well as the role of human resource management in stimulating these processes. This paper examines the meaning of the key concepts. Why the nation should worry about or encourage entrepreneurship, and human resource development. Recommendations for the way forward and conclusions were made.