Abstract

The study assessed the factors affecting youth participation in rural entrepreneurship in Benin using data from the School-to-Work Transition Survey (SWTS) and applying the binary logit and the multinomial logit models. The results showed youth who have a larger number of children are more likely to choose agricultural businesses (agripreneurship) while those who have formal education, who have received training on entrepreneurship, who have registered business, and those who have located in urban areas are more likely to engage in non-agricultural businesses. Within agripreneurship, youth who belong to a larger household are more likely to engage in farming while those who are educated, who have access to credit, and who are located in urban areas are more likely to be engaged in non-farming agri-businesses. The study also revealed that cash crop production among Beninese youth was positively influenced by access to credit. The findings suggest that it would be necessary to promote development programmes that are geared towards enhancing the capacities of the youth with regards to concepts and skills of entrepreneurship in agriculture and measures to overcome challenges associated with different agribusiness activities.

Highlights

  • Achieving the eighth Sustainable Development Goal (SDG 8) of inclusive and sustainable economic growth, employment and decent work for all requires devising strategies that are critical to providing new employment opportunities for all persons

  • The main agripreneurship activities in Benin include crop production which was done on semi-subsistence or market-oriented levels, sale of agricultural inputs and sale of agricultural outputs

  • The results show that the average age of youth entrepreneurs in Benin Republic is about 23 years

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Summary

Introduction

Achieving the eighth Sustainable Development Goal (SDG 8) of inclusive and sustainable economic growth, employment and decent work for all requires devising strategies that are critical to providing new employment opportunities for all persons. This includes making seemingly unattractive but lucrative sectors of economies of developing countries attractive and more lucrative to all persons. Making the agricultural sector attractive and lucrative implies achieving the first, second and eighth SDGs of no poverty, zero hunger, and decent work and economic growth

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