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This book is a contribution towards the existing literature of Entrepreneurship Development in 21st century. It discusses about the different explanations cited by various authors along with different modern measurements/variables used for measuring entrepreneurship development. It is an attempt to assess the impact of entrepreneurship development on economic, social and infrastructure development of a country. Broadly speaking, it is actually a comparative study of the development of entrepreneurial activities in between India and China and its impact on their respective economic, social and infrastructure sectors.