Entrepreneur is the person who controls the policy of a firm. 

Different ways by which an entrepreneur promotes economics growth are : 

(i) Creates Large-Scale Employment Opportunities: Entrepreneurs provide immediate large scale employment to the unemployed which is a chronic problem of underdeveloped nation. With setting up of more and more unit by entrepreneurs both small and large scale numerous job opportunities are created for others. 

(ii) Balanced Regional Development: The growth of industry and business leads to a lot of public benefit like transport facilities, health, education, entertainment, etc. This helps in the development of backward regions. 

(iii) Increase in National Income: National Income consists of the goods and services produced in the country and imported. The goods and services produced are for consumption within the country as well as to meet the demand of exports. The domestic demand increases with increase in population and increase in standard of living. The export demand also increased to meet the need of growing imports due to various reasons. An increasing number of entrepreneurs are required to meet this. Thus, it increases National Income. 

(iv) New Product, New Services and New Business: An entrepreneur explores new ideas for business, production techniques and services for horizontal, i.e., varieties and vertical, i.e., increase in volume and money growth of business. 

(v) Creating Innovation: An entrepreneur is a person who always looks for changes. Apart from combining the factor of production, they also introduce new ideas and new combination of factors. They always try to introduce newer and newer technique of production of goods and services. An entrepreneur brings economic development through innovation.