Youth Entrepreneurship in the Youth Policy of the Russian Federation

Abstract

Listen

Translate article

The aim of this work is to uncover the actual characteristics of managing youth entrepreneurship within the context of Russia’s youth policy. In the current geopolitical situation, it is crucial to use all the tools of youth policy effectively. This helps to resist the hybrid pressure from unfriendly countries and maintain the fundamental principles of national security. The authors examine the main areas where the state can provide incentives to encourage young people to start their own businesses. These incentives are divided into three main groups: economic, educational, and administrative. The main targets of youth entrepreneurship management in the youth policy coordinate system include expanding the business activity potential of the most promising demographic group of the population, creating a long-term foundation for financial independence of citizens to reduce the burden on the social system of the state, reducing the level of social tension in society by increasing average income indicators, reorienting subcultural values of young people ensuring the maximum level of self-realization and self-development for the formation of a stable progressive track of dynamism of the national socio-economic system. The essence of state policy lies in creating a favourable environment and fostering youth initiatives through the use of material and socio-administrative tools.