Youth Entrepreneurship Development Research Articles

FEATURES OF DEVELOPMENT OF YOUTH ENTREPRENEURSHIP IN THE SPHERE OF EDUCATION

The article defines the importance of youth entrepreneurship as the main factor in the socio-economic development of the country. The analysis of the prospects for the development of youth entrepreneurship is carried out. A strategy for diversification and improvement of the existing state policy to attract young people to entrepreneurial activity, as well as the legislative and legal framework for supporting and developing youth entrepreneurship in Uzbekistan is proposed.

Improving the efficiency of the state youth policy by a project management method (on the example of the Irkutsk Oblast)

This study addresses the feasibility of adopting the Strategy of Youth Entrepreneurship Development in the Irkutsk Oblast for the period of up to 2030 in the context of digital economy. According to relevant data, specific features of youth entrepreneurship are outlined, and the necessity of its systemic support by regional executive and legislative authorities is noted. In the context of academic discourse on youth policy, an analysis of possible directions for launching various initiatives is conducted. Areas to be considered include civic initiatives, strengthening security measures, protecting, overcoming social exclusion, information enrichment, integration of modern technologies, and support in professional selfdetermination. Such multidimensional interventions seek to expand the horizons for young people and to promote their active social, economic, and cultural integration into public life. Particular attention is paid to the importance of supporting social and entrepreneurial youth projects, which form the basis for the development of digital economy and the small-business sector in the Russian state. The research methodology included comparative-legal and historical approaches, the method of deduction and induction, and a formal-legal approach with the application of other scientific cognition methods. Additionally, the conclusion is made that the improvement of youth policy in the context of youth entrepreneurship is possible only based on a comprehensive approach. The latter implies supporting measures of the current legislation, as well as the formation of a positive public opinion on the entrepreneur image through a specialized youth community, such as a Club of young entrepreneurs.

INCLINATION TOWARDS ENTREPRENEURSHIP AMONG UNIVERSITY STUDENTS: REASONING ABOUT CAUSAL RELATIONSHIPS

Youth entrepreneurship has been growing in recent years, but only some studies investigate the influence of personality traits on youth entrepreneurship intention. In parallel, there is a call for more research investigating the role of cognitive structure, perceived university support, and the need for achievement towards entrepreneurship intention. Entrepreneurial cognition has become one of the essential components to hone students' entrepreneurial talents. Exposure to entrepreneurship knowledge in theory alone is only sufficient without putting it into practice. Therefore, higher learning institutions are responsible for producing more capable entrepreneurship students. Therefore, this article aims to understand how the need for achievement could mediate the relationship between cognitive structure, perceived university support, and entrepreneurship intention. This study is based on a cross‐sectional online survey design. The final data of 248 youths were analyzed using structural equation modeling (SEM). The present study proves that the need for achievement mediates the relationship between cognitive structure, perceived university support, and entrepreneurship intention. Thus, a high-achieving individual is more inclined to become an entrepreneur. As a theoretical contribution to the development of youth entrepreneurship, this article analyses the causal path relationship relationships between cognitive structure, perceived university support, need for achievement, and entrepreneurship intention, which have been explored little in the literature. On a practical level, it offers insights into potential strategies for improving training and programs to boost individual characteristics, confidence, competencies, and knowledge in entrepreneurship activities.

Assessing the Impact of social media on Youth's Entrepreneurship Development in Afghanistan

Assessing the Impact of social media on Youth's Entrepreneurship Development in Afghanistan

Peningkatan Minat Berwirausaha Remaja Ipnu Kalimade Kesesi Melalui Pelatihan Penggunaan Shopee Affiliates

This research is in-depth about efforts to increase the entrepreneurial interest of IPNU Kalimade Kesesi teenagers by implementing training on the use of Shopee Affiliates. The training method includes an in-depth understanding of affiliate marketing concepts, practices for using the Shopee Affiliates platform, and effective product marketing strategies in the online realm. The research subjects were IPNU Kalimade Kesesi teenagers who were actively involved in learning and training activities. Data was collected through surveys, observations and interviews to gain an in-depth understanding of changes in entrepreneurial interests and skills after training. In this research, the research team used the Participatory Action Research (PAR) method to provide training and mentoring to IPNU Kalimade Kesesi teenagers in an effort to increase interest in entrepreneurship. The research results show a significant increase in teenagers' knowledge, skills and interest in entrepreneurship after attending Shopee Affiliates training. The results of this research include that they can take advantage of opportunities from the potential of the digital economy and increase their online marketing skills, their contribution regarding their interest in entrepreneurship is very successful so that they really want to learn about Shopee Affiliates, Shopee Affiliate and increase their practical skills in digital marketing, and increase their self-confidence. those who are new to starting their own business journey. The implications of this research are not only limited to the educational sphere, but can also be a reference for the government, non-profit organizations and industry players in supporting the development of youth entrepreneurship. Keywords: Interest in Entrepreneurship, IPNU Youth in Kalimade Kesesi Village, Use of Shopee Affiliates, Entrepreneurship Education.

Defining the Notion ‘Youth Entrepreneurship’ in View of Including in it Specific Features of Entrepreneurial Resource Use

The article studies possible definitions of the notion ‘youth entrepreneurship’ with regard to including in it specific features of entrepreneurial resource use, such as generation of business ideas (initiatives), implementation of business-projects and management of their realization. The author proposed to summarize definitions that take into account both age characteristics of young people and level of their education and features of entrepreneurial resource realization, such as entrepreneurial capital, skills, knowledge, motivation and innovation abilities. Within the frames of the article the model of education lever was put forward and discussed that shows the impact of state support tools being realized in state education policy on the development of youth entrepreneurship. The research findings can be useful for investigators, practical workers and state bodies dealing with the development of youth entrepreneurship.

THE ROLE OF ENTREPRENEURSHİP İN ECONOMİC DEVELOPMENT AND PROBLEMS OF UNİVERSİTY YOUTH İN THE FİELD OF ENTREPRENEURSHİP

Economic development refers to the sustained, concerted actions of policymakers and communities aimed at improving the economic well-being and quality of life for a region's inhabitants. It encompasses various aspects such as increasing income levels, reducing poverty, creating job opportunities, and enhancing infrastructure and institutional capacity. Key components of economic development strategies often include fostering entrepreneurship and innovation, attracting investments, improving education and healthcare systems, and promoting sustainable development practices. Additionally, economic development efforts frequently focus on addressing inequalities and promoting inclusive growth to ensure that benefits are shared equitably across society. Successful economic development requires collaboration among government agencies, private sector entities, civil society organizations, and local communities. It involves setting clear goals, implementing targeted policies and programs, and continuously monitoring and evaluating progress. Moreover, economic development initiatives must be tailored to the specific needs and circumstances of each region, taking into account factors such as natural resources, demographic trends, and global economic dynamics. Entrepreneurship plays a critical role in economic development, driving innovation, job creation and sustainable growth. Entrepreneurs not only form new companies, but also develop and implement new ideas, technologies and management methods, which contribute to increased efficiency and competitiveness. Their activities help expand markets, stimulate competition and create favorable conditions for economic recovery. Entrepreneurship is also a key source of new jobs. The creation of enterprises leads to an increase in the need for labor, which in turn helps to reduce unemployment and increase the level of employment in society. Small and medium enterprises, often started by entrepreneurs, are particularly important in this context as they are catalysts for the growth and development of local economies. Moreover, entrepreneurship contributes to the distribution of wealth and social mobility. Self-employed entrepreneurs can act as drivers of social change by supporting community and charitable initiatives. Thus, they influence not only the economic landscape, but also social and cultural aspects, contributing to the diversity and development of society as a whole. However, despite the importance of entrepreneurship, young people, especially university students, face a number of challenges when trying to get involved in this field. One of the main problems is the lack of information and understanding of the processes of creating and running a business. University curricula do not always cover entrepreneurship sufficiently, which can create a barrier for students wanting to start their own business. Financial constraints also play a role in limiting entrepreneurial opportunities for university youth. Young entrepreneurs often find it difficult to obtain financing for their projects, as banks and investors may view them as high-risk clients. Additionally, students may lack the experience and professional skills necessary to successfully manage a business. Lack of practical experience and skills in marketing, human resources and finance can be a barrier in the path of young entrepreneurs. To solve these problems, it is necessary to make changes to university curricula, including teaching entrepreneurial skills, as well as creating special programs and support measures for students who want to engage in entrepreneurship. Networking with successful entrepreneurs, providing access to financial resources and creating infrastructure for start-ups can also help promote entrepreneurship among university youth. Overall, youth entrepreneurship development is an important factor for sustainable economic growth. Supporting and stimulating young entrepreneurs can lead to the emergence of innovative projects, new jobs and enrichment of society as a whole. Keywords: economic development, entrepreneurship, university, student entrepreneurship

The evolution and transformation of youth entrepreneurship in China: a sociological analysis

The purpose of the article is to conduct a socio-historical study of the evolution and stages of the formation of youth entrepreneurship in China. The main problem is to identify and characterize the evolution and patterns that reveal the entrepreneurship of Chinese youth as a market mechanism that successfully functions in the conditions of the socialist economy of China. The object of the study is the entrepreneurial activity of young Chinese people. The subject of the study is the systematization of the stages of formation of youth entrepreneurship in various periods of transformation of Chinese society. The sources of information are scientific research carried out by Russian and Chinese researchers, as well as researchers from other countries. A comprehensive analysis of the sociodynamics of the development of youth entrepreneurship in China allows us to thoroughly and objectively identify and characterize the main systemic connections of this social phenomenon. The research methodology assumes a socio-historical analysis of the stages of the formation of youth entrepreneurship in China. A generalized analysis of the significant dependence of youth entrepreneurship on the general trends in the development of entrepreneurship in China as a social institution and the need for significant regulatory, organizational, educational efforts on the part of society and the state for its formation, maintenance and development is carried out. It is shown that at the stage of transition of Chinese society from subsistence farming to a planned economy (1945-1950), youth entrepreneurship was mainly spontaneous, non-institutional in nature and manifested itself as facts of entrepreneurial activity of individuals. The patriarchal way of life and rigid hierarchies of relations did not contribute to the development of entrepreneurial initiative of young people. At the second stage, in the process of transition to an industrial society (1951-1966), the centralization of the economy is increasing, and the main areas of activity of Chinese youth are directed to the political sphere, to the detriment of entrepreneurial initiatives in the economy. The third stage, the transition to an open society (1967-1978), is characterized by changes in the understanding of the political role of youth in society, the era after the Cultural Revolution laid the foundation for recognizing the important role of market foundations and youth entrepreneurship in the subsequent stages of China's development. The transition to a legal society (the fourth stage of the "Four Modernizations", after 1978), gives impetus to the development of youth entrepreneurship in China.

Aligning Meghalaya’s Youth Entrepreneurship Development With The 2030 Development Goals: Awareness Level-Based Perspective Of Government Support For Entrepreneurship Development

Purpose- To align with India’s 2030 development goals agenda, there is no doubt that over the years the support for entrepreneurship development has been one of the outlines of the government of Meghalaya. This paper emphasizes unearthing the level of awareness of young entrepreneurs of the East Khasi Hills District, Meghalaya of such government support. Design/methodology/approach- Analysis via statistical tools such as descriptive statistics and inferential statistics viz, t-test and ANOVA were employed on a sample size of 384 young entrepreneurs of East Khasi Hills District. Findings- The results indicate that there is a privation of awareness of the government support through various departments of Meghalaya concerning young entrepreneurs of the district. Practical implications- A plethora of research has been done on youth entrepreneurship development, but rarely studies were conducted on the level of awareness of young entrepreneurs of the government support for entrepreneurship development. Originality/value- The current study will assist the government to know that the support provided by the government to entrepreneurs did not reach all. On the other hand, the young entrepreneurs of Meghalaya will be aware that the government did not turn a deaf ear towards them, rather entrepreneurship support exists in the state of Meghalaya. Therefore, the study will help the government in setting up an awareness dissemination system in the state.

Namere o preduzetništvu ispitivane kroz prizmu stavova studenata

The labour markets of the transition countries of Central and Eastern Europe relied on stronger growth of the corporate sector as a mechanism for integrating the growing number of laid-off workers. The Serbian labour market has had a similar experience. Decades after the start of economic reforms, however, the role of entrepreneurship as an integrative employment mechanism has not increased in importance, which is best evidenced by statistical data. This paper focuses on students' intention to start their own business after graduation, and specifically examines the relationship between intention and personal attitudes. The experiment was conducted with two groups of students. The results indicate differences in students' attitudes towards entrepreneurship that deepen according to faculty group, gender, and year of study. From the students' responses, it can be concluded that electrical engineering students, female economics students and students in higher years of study are more inclined towards entrepreneurship. This may have implications for measures to support the development of youth entrepreneurship.

ПОДДЕРЖКА РАЗВИТИЯ МОЛОДЕЖНОГО ПРЕДПРИНИМАТЕЛЬСТВА В СОВРЕМЕННЫХ СОЦИАЛЬНО-ЭКОНОМИЧЕСКИХ УСЛОВИЯХ

The presented article discusses programs and practices of state support for youth entrepreneurship, forms of participation of youth business incubators in the system of development of youth innovative projects and initiatives, examples are given. An overview of a number of modern grant competitions is presented that stimulate the development of youth startups with state support and within the framework of national projects of our country, as well as implemented jointly with educational programs of institutions of higher professional education. Some theoretical research of domestic researchers in the field of research of factors stagnating the development of youth entrepreneurship is summarized. The need to scale up the activities of youth business incubators as one of the possible practical solutions in the field of overcoming deprivation barriers to the activation of youth entrepreneurial initiatives has been actualized.

РОЛЬ ТЕРРИТОРИАЛЬНО-ЭКОЛОГИЧЕСКИХ ФАКТОРОВ В ФОРМИРОВАНИИ ПРЕДПРИНИМАТЕЛЬСКИХ ИНИЦИАТИВ МОЛОДЕЖИ

The article is devoted to the study of the influence of territorial and environmental factors on the implementation of entrepreneurial intentions of young people in the regions of Russia. The relevance of the study is related to the need to identify key stop factors limiting the development of youth entrepreneurship in modern Russia. These factors are related both to the territorial and environmental characteristics of Russian regions, as well as to the insufficiently clearly structured system of support for youth entrepreneurship entities and the underdevelopment of the regulatory framework for regulating youth entrepreneurship in general. In connection with the above, the purpose of this article is to analyze the impact of various factors on the implementation of entrepreneurial initiatives of Russian youth in the regions of Russia.

Cognitive modeling of multi-contextual factors of youth entrepreneurship development in the region

Subject. This article examines the issue of the implementation of private business initiative and the involvement of young people in entrepreneurial activities. Objectives. The article aims to structure the factors that determine the transition from entrepreneurial intentions to entrepreneurial activity. Methods. For the study, we used mathematical research methods. Results. The article finds that the main factors influencing the entrepreneurial activity of young people are the State policy in the field of regulation and support of entrepreneurship, social norms and attitudes to entrepreneurship in society, as well as the general economic situation. Relevance. The results of the study can be used when designing programmes for the development of the labor market in the regions of Russia.

OPTIMIZING THE ECONOMIC BENEFITS OF PUBLIC SPENDING FROM NATIONAL YOUTH DEVELOPMENT AGENCY GRANT FUNDING

This study examined the economic benefits of the National Youth Development Agency (NYDA) grant funding, in the Eastern Cape, using cost benefit analysis (CBA) and least absolute deviation (LAD) regression analysis on a sample size of 253 respondents. The study found that public investment towards youth entrepreneurship through NYDA grant funding yields positive social returns. The study further found that the development of youth entrepreneurship should go beyond just NYDA grant funding to include favorable policies towards closing gender gaps, supportive education systems as well ensuring diverse economic sectors.

N-Power Programme and Youth Entrepreneurship Development in Nigeria: An Assessment

The research work assessed the N-Power Programme and youth entrepreneurship development in Nigeria. The objectives of the study were to ascertain the extent the N-Power Programme has fared well in promoting youth entrepreneurship in Nigeria; to examine the impact of the N- Power programme on youth entrepreneurship development in Nigeria; and to identify the challenges faced by N- power Programme in promoting youth entrepreneurship development in Nigeria. The study applied a descriptive survey research design with questionnaire as the main instrument for data collection. The population of the study was the 2,023 staff of the National Social Investment Programme in Enugu State and the beneficiaries of the N-Power Programme in Enugu State. The sample population derived via the application of Taro Yamani sample size determination formula was 334. The data collected via questionnaire were analyzed using tables and percentages, while the hypotheses were tested using the chi-square statistical tool. The findings of the study revealed inter alia; N-Power Programme has fared well in promoting youth entrepreneurship in Nigeria; N-Power Programme has impacted positively on youth entrepreneurship development in Nigeria; and Systemic hiccups among others served as challenges of N-Power Programme in Nigeria. Based on the findings, the study recommended the following: competent personnel should be employed to implement the Programme; cordial relationship between the Federal Government, State and the citizens especially in areas of youth entrepreneurship development programmes should be enhanced so that the N-Power Programme objectives and goals would be achieved; and that participants should be well motivated in their various work schedules because workers have the tendency to increase productivity when duly motivated.

The “Startup as a WRC” program is a driver for the development of youth entrepreneurship

The article shows the formation and identified the objectives of the program «Startup as a WRC». The experience of the Kutafin Moscow State Law University (MSAL) on the implementation of this project from the decision-making stage to the protection of the first works performed in the form of a startup project is presented. Taking into account the results of the full cycle of the «Startup as a WRC» program, the general principles of its implementation are formulated. Methodological and organizational proposals were made to improve the «Startup as a WRC» program.

Analysis of the problems of youth entrepreneurship development in Russia

In this article, the author examines the problems of the development of Russian youth entrepreneurship. The problems are identified depending on the variety of the sphere of legal relations, various doctrinal positions are given, revealing their specifics and the attitude of researchers and specialists. The author came to the conclusion that it is necessary to create a common strategy covering several aspects: social, financial, psychological and legal.

РОЛЬ СОЦІАЛЬНОГО ПІДПРИЄМНИЦТВА У ВИРІШЕННІ ПРОБЛЕМИ МОЛОДІЖНОГО БЕЗРОБІТТЯ

The research is devoted to one of the critical problems of the employment of the population of Ukraine today, namely the problem of youth unemployment, which became even more acute during the martial law. An analysis of the indicators characterizing the employment of Ukraine’s youth and their quantitative and qualitative characteristics was carried out, thanks to which we can ascertain the high level of youth unemployment. The specifics of the youth’s age-specific socio-psychological and qualification features as the most unprepared for the current complex state of the labor market and one of the most vulnerable parts of the workforce in Ukraine are described. Official statistical data on youth unemployment are presented, and a comparative analysis of youth unemployment during martial law is made. The results of sociological research on the entrepreneurial orientations of modern youth were analyzed, and the desire of most young people to start their own businesses was emphasized. The problems that arise when opening a business for young people are considered, namely, the need for own funds and opportunities for obtaining a loan, as well as the sufficiency of work experience in the relevant field. The possibility of improving the employment situation of Ukrainian youth is considered, in particular, based on the development of youth entrepreneurship and the use of an innovative business model such as social entrepreneurship. The features of social entrepreneurship in Ukraine and the current state of its development are defined and considered. The advantages and opportunities that social entrepreneurship opens for modern youth to realize their business ideas and overcome youth unemployment in the domestic labor market have been established. Information is provided on the possibilities of self-information about social entrepreneurship, and the main differences between social entrepreneurship and ordinary types of economic activity are indicated.

Entrepreneurship Education at Higher Learning Institutions (HLI): Policy Mismatch and Recommendations

Recognizing the importance of entrepreneurship as one of the engines of economic growth. The Ministry of Higher Education (MOHE) has launched MOHE Guide to Entrepreneurship Integrated Education (EIE) Entrepreneurship Action Plan 2021 – 2025. The main aim of the plan is to form holistic entrepreneurial ecosystem that will encourage young entrepreneurs to venture into business upon their graduation. Past studies on youth entrepreneurship development mainly concentrated on the public universities in Malaysia. Studies on the youth entrepreneurial development at the private universities still untrodden. Despite various efforts and policy initiated by the government, the youth entrepreneurship achievement is still unsatisfactory. Hence, the objectives of this paper are to review the impact of youth entrepreneurship policy at the higher learning institutions particularly at the private universities; to identify issues and challenges of youth entrepreneurial development programmes; and finally, this paper will give recommendations to enhance entrepreneurial education development at the private universities. This paper reviewed past literatures on entrepreneurial development at higher education in Malaysia. The findings of this paper revealed that the private universities were unable to leverage to the youth entrepreneurship development programmes designed by the government; there is lack of synchronization of entrepreneurship curriculum and modules from foundation level to master’s degree level; and there were insufficient support systems to nurture young entrepreneur at the tertiary level. Lastly, this paper able to provide several policy recommendations that can be considered to improve the youth entrepreneurship development particularly at private higher learning institutions in Malaysia.

Trends in the development of youth entrepreneurship in the EU and Ukraine

Methods. The results were obtained by applying the following methods: abstraction – in defining the essence of the concept of «youth entrepreneurship»; general and specific – in identifying the current features and problems of youth entrepreneurship at the global and national levels; structural and functional analysis – in clarifying the features and characteristics of youth employment policy in the EU countries. Results. The current trends and processes of youth entrepreneurship development in the EU countries and Ukraine are identified. The specific features of youth entrepreneurship are determined, which, on the one hand, are advantages and, on the other hand, are a threat to youth entrepreneurship. It is emphasized that the main stakeholders of youth entrepreneurship are the state, the social environment, the educational environment and the business environment itself. It is substantiated that youth entrepreneurship plays an important role in solving socio-economic problems, in particular, overcoming the youth unemployment crisis. It is established that in European countries, youth entrepreneurship policy is quite developed compared to entrepreneurship support for other inclusive target groups of business support. The necessity of state coordination and control of youth self-employment and entrepreneurship in the national economy is substantiated. Novelty. In the course of the study, the categorical and conceptual apparatus for the study of youth entrepreneurship was improved. Through a systematic analysis of the features of youth entrepreneurship, it was found that young people have a positive attitude towards entrepreneurial activity and have a desire to engage in this activity in the context of the latest forms of business and their support by institutional structures. Practical value. It is proposed to take into account the experience of forming the youth policy of the European Union countries when developing a national strategy and forming a mechanism for promoting youth self-employment and supporting youth entrepreneurship.