The importance of engaging stakeholders in policy development `{`4`}`
Engaging stakeholders in the development of public policies is crucial for the success, legitimacy, and sustainability of regulations and laws in various economic sectors. Successful experiences in this field have been mentioned, such as the Singaporean experience and the Austrian Economic Chamber.
In Europe, the Austrian Economic Chamber has taken an initiative to foster business growth and prosperity by collaborating with civil society associations, universities, and government agencies to develop a comprehensive strategy to support entrepreneurship.….
Ali Faqeeh, Research Associate