A Study on Awareness of Startup on Young Minds Which Impacts New Innovations and Gross Domestic Product

Abstract

This empirical research examines young people's knowledge of startups and how it affects new inventions and the GDP of the nation. The study focuses on the lack of new inventions that occur when young people are unaware about startups. The goal of the study is to raise awareness of startups among all young people. The purpose of the study is to comprehend how young people's startup knowledge affects the generation of creative ideas and ensuing economic progress. The study uses a mixed-methods approach, gathering data using both quantitative and qualitative techniques. Surveys of a representative sample of young people from a range of demographic backgrounds are then undertaken. Regression modelling and correlation analysis are two statistical methods used to analyse the gathered data. The results show how young brains are aware of startups and the potential for implementing the creation of fresh, creative ideas. Additionally, the study investigates the relationship between innovation and startup awareness and how it affects a country's total GDP growth. The study's findings add to our knowledge of how young people's startup awareness influences new inventions and propels economic growth. The results might provide guidance to academic institutions about the significance of raising young people's knowledge of startups in order to ultimately improve innovation and economic growth.