Abstract

Entrepreneurship plays a critical role in developing and fostering a robust socio-economic culture in any economy. Robust entrepreneurial initiatives are considered as the source of fresh blood for any economy. Healthy entrepreneurial activities result in creating more employment opportunities, better working prospects and societal development. Today, economies that are striving to become highly developed and economically stable are striving to enable their employees to become more entrepreneurial. Importantly, studies have outlined that there is a dire need for nations to understand the vital role youth can play in this regard. Since young individuals are more eager to grow, willing to take the risk and go for the high mark to become their own bosses, there are higher chances that they can become more successful entrepreneurs. Notably, youth entrepreneurship is of utmost importance for both national as well as international economic wellbeing. Keeping these arguments beforehand, this paper has attempted to critically underline factors that could help policy makers to boost youth involvement in entrepreneurial activities in Bahrain.

Highlights

  • According to OECD Centre for Entrepreneurship, SME and local development report for the year 2013 mentions numerous benefits of youth entrepreneurship such as it helps to get youth into the market in a convenient manner

  • On a broader level, there are a variety of different prospects that are essential when it comes to harnessing youth entrepreneurship

  • The ten factors discussed in the current article are based on the critical analysis and evaluation of prominent empirical studies and international reports on youth entrepreneurship

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Summary

Introduction

According to OECD Centre for Entrepreneurship, SME and local development report for the year 2013 mentions numerous benefits of youth entrepreneurship such as it helps to get youth into the market in a convenient manner. The report further suggests that all this is since young graduates find it hard to land in a good job, ; with involvement in entrepreneurial initiatives, they can truly make a big difference. Youth entrepreneurship becomes a big option for employment opportunities for other youth population. Umair Ahmed, “Influencing Youth Involvement in Entrepreneurship: Implications for Policy Makers in the Kingdom of Bahrain”, Annals of Contemporary Developments in Management & HR (ACDMHR), Print ISSN: 2632-7686, Online ISSN: 26327694, pp. ACDMHR 2019, Vol 1, No 3 experience and exposure that they receive through such entrepreneurial activities can capitalize on it to face higher challenges of professional life. On a broader level, there are a variety of different prospects that are essential when it comes to harnessing youth entrepreneurship. To what extent youth entrepreneurship has been focused in reality is a big question

Review of Prominent Studies
Organizational Support and Employee Performance
Entrepreneurial Education and Training
Financial Assistance and Support
Regulatory Framework
Business Assistance and Support
Social and cultural attitude towards youth entrepreneurship
Markets and Marketing
Risk-taking Propensity
2.10. Innovativeness and Creativity
2.11. Political and Socio-economic System
2.12. Formal Employment Opportunities
Implications for Kingdom of Bahrain
Findings
Conclusion
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