Business Law as a Catalyst for Innovation and Entrepreneurship: Analysis and Approach

Abstract

This study explores the role of business law as a catalyst for innovation and entrepreneurship and underscores the urgent need for immediate policy reforms to enhance support for both. In both global and local contexts, business law is crucial in providing a secure legal framework for intellectual property protection, facilitating access to capital, and supporting corporate structures. The research method used is a qualitative approach with data collection through case studies, literature reviews, and in-depth interviews with stakeholders such as entrepreneurs, academics, and policymakers. The data collected includes concrete cases of business law implementation, related articles and reports, and interviews that provide practical insights into policy implementation. Data analysis was conducted thematically to identify patterns and trends in the influence of business law on innovation. The results show that sustainable policy reforms, effective intellectual property protection, and adequate capital support are key elements in strengthening the business ecosystem and driving inclusive and sustainable economic growth.