A Broader Glimpse of Business Innovation

Recent trends of the economic growth and business innovation in Afghanistan

 

Afghanistan’s mission towards long-lasting peace and stability needs a critical mass of infrastructure for the political and socioeconomic development of this country. The economic growth as one of the important tools of pursuing peace involves establishment of infrastructure, encouraging investment and entrepreneurship, public commitment to work for an ultimate objective of achieving peace through improving the overall political, and socioeconomic setups in the country.   

Obviously, peace is an essential need for every country. Beside most of the countries in Asia still struggling across the path for reaching a sustainable peace, Afghanistan also still people lack stable security, proper food, adequate shelter, appropriate education and health care facilities in the cities and the villages across the country. To overcome all these problem, this is the time for Afghans to stand by themselves and establish the basis for economic and employment growth combined with a steady business environment through the use and reuse of all natural and human resources in an effective and efficient way.

A well-structured economic system plays a vital role in expediting the process of achieving peace. Emerging countries need a high level of both economic infrastructure and security to access sustainable economic development. Economic development improves the quality of life of the ordinary citizens, ensures the public welfare, encourages investment and entrepreneurship, and increases innovation in a community. Subsequently, investors and entrepreneurs increase the potential for the creation of jobs for the people.

Employment drastically decreases the extent of violence, instability, and hatred in the community that results in improving the sociopolitical stability. Afghanistan inopportunely couldn’t make out a sustainable economic infrastructure and enough job opportunities; however, the international community and free donors have been a strong support for encouraging investment in Afghanistan. Of course, money was not a major problem for consolidating the roots for sustainable economic and political stability in the last one and half decades, but the lack of professional, standard and systematic management were the primary cause for the letdown. To provide standard management and professional strategies for sustainability of businesses in Afghanistan, the government must work on the infrastructures with the primary mission of helping Afghan businesses thrive and grow.

However, last one and half decades were an essential period for startups in Afghanistan, and the kernel of investment has been slightly cultivated in various industries. Hence, the recently nurtured kernel of entrepreneurship spirit needs to be passed as a legacy for future generations to promote economic growth and lead Afghanistan towards its goal- PEACE- over the centuries.