Teaching Financial Literacy to Entrepreneurs for Sustainable Development

Abstract

Current world economy crises could be prevented by increasing public financial literacy. Moreover, entrepreneurs are considered economic engines of each society and the success rate of entrepreneurs could be improved by increasing financial literacy of entrepreneurs. In addition, since entrepreneurial success can significantly lead to sustainable development of each society, entrepreneurial strength is one of the common roles of policy makers. This study briefly reviews the importance of financial literacy and tries to consider some important points of its teaching contents and process. At the end, some suggestions have been presented for further research.

Keywords: Entrepreneurship, Entrepreneurial Success, Entrepreneurial Learning, Financial Literacy, Sustainable Development