Youth Entrepreneurship Research Articles

A South African view of youth entrepreneurship in the epoch of digital transformation. A review of the book “Practical tools for youth entrepreneurs” (Palgrave Macmillan, 2024)

The importance of youth entrepreneurship in the context of digital transformation makes it relevant to study its development. The article is a review of a new book on the promotion and support of young and aspiring entrepreneurs in the South African Republic. The book is characterized by novelty of views and considerable informative content. It is organized into three main parts comprising 9 chapters. Issues related to the conceptual vision of youth entrepreneurship and a large-scale initiative that was specifically designed and then piloted in the South African Republic to stimulate related activities have been addressed. The author of the peer-reviewed book emphasizes the importance of the university environment and the mechanisms formed in it, on the one hand, and entrepreneurs’ personal development, on the other. Recommendations on finding sources of funding and working with potential consumers of innovative products and services have been given. The book is written in lucid language, which is characteristic rather for educational literature, and is well illustrated. It is found to contain various references to digital transformation, and governance is considered in relation to both entrepreneurial firms created by entrepreneurs and youth entrepreneurship incentive schemes in general. The book contains interesting (including pedagogical) information that will also be useful to consider when establishing cooperation among the BRICS countries.

Fueling Rural: The Unseen Forces of Family Background and Psychological Factors on Youth Entrepreneurship

Understanding entrepreneurial intentions among rural youth is crucial for fostering economic development; however, this demographic remains underrepresented in entrepreneurship research. This study explores the impact of entrepreneurial family backgrounds and psychological factors-such as self-efficacy, risk-taking propensity, need for achievement, and locus of control-on entrepreneurial intentions among rural youth in Deli Serdang, North Sumatera, Indonesia. A quantitative approach was utilized, employing a cross-sectional survey with data collected from a random sample of 217 rural youth through a structured questionnaire administered in person. Data analysis was conducted using partial least squares structural equation modeling (PLS-SEM). The results demonstrate that both entrepreneurial family background and psychological factors significantly influence entrepreneurial intentions. Specifically, having an entrepreneurial family background positively affects these intentions, while psychological factors also play a significant role. The study validates the research instruments and offers valuable insights into how familial and psychological influences shape entrepreneurial aspirations in rural contexts, reinforcing theories related to entrepreneurial self-efficacy, motivation, and psychological capital. For policymakers, the findings highlight the importance of supporting family-based entrepreneurial initiatives and integrating family involvement into entrepreneurial education. Educators are encouraged to incorporate psychological training to cultivate traits such as self-efficacy and resilience, while practitioners should develop supportive environments that leverage both familial and psychological resources. The study’s limitations include its focus on rural youth, which may restrict generalizability, reliance on self-reported measures, and the lack of exploration into underlying mechanisms or longitudinal effects. Future research should address these limitations by incorporating diverse populations, utilizing objective measures, and examining long-term impacts.

Impact of entrepreneurial incubators on youth employment in South African local government

Background: Unemployment has been the central socioeconomic issue in South Africa since the democracy in 1994. As a result, the nation’s unemployed youth continue to be at risk in the job market. In the quest for alternatives, youth entrepreneurship has been acknowledged as a crucial strategy for empowering youth through innovation and technology.Aim: This study sought to analyse the impact of innovative entrepreneurial incubators (IEIs) in fostering youth employment within Raymond Mhlaba Local Municipality.Setting: This study was conducted within the Raymond Mhlaba Local Municipality to analyse the effectiveness of IEIs in supporting young entrepreneurs, thus increasing employment opportunities for the youth in South Africa.Methods: A sample of 20 semi-structured open-ended interviews was conducted, and thematic coding was used for data analysis.Results: The study found that there are several challenges pertaining to the effective implementation of IEIs to foster youth employment in South African municipalities. This is attributed to a lack of funding and educational programmes.Conclusion: The main recommendation is that all municipalities must establish IEIs and devise strategies to ensure that these are implemented effectively.Contribution: This study contributes to improved municipal governance through providing innovative mechanisms that foster effective and efficient implementation of IEIs in South African local government. This contribution aims to ensure that municipalities discharge their constitutional mandate to improve citizens’ standard of living through IEIs, especially in areas with high youth unemployment.

Sustainable fishing, lifelong learning and youth entrepreneurship: The case of Kigungu fishing ground in Uganda

Sustainable fishing, lifelong learning and youth entrepreneurship: The case of Kigungu fishing ground in Uganda

Impact of ARYA bee keeping training socio economic status and entrepreneurship of rural youth

Impact of ARYA bee keeping training socio economic status and entrepreneurship of rural youth

기업가적 지향성과 경영성과 간 관계: 기업 수명주기 단계별 차이 분석

This study empirically analyzes the impact of the managerial environment, CEO's vision and strategy, and organizational management system on entrepreneurial orientation in domestic companies, as well as the relationship between entrepreneurial orientation and business performance. Additionally, it examines how these relationships differ across various stages of the corporate life cycle. The analysis utilizes data from the 2022 Entrepreneurial Activity Survey (Company Edition) conducted by the Korea Youth Entrepreneurship Foundation, designated as official statistics by Statistics Korea, which surveyed 3,120 companies. The results of the empirical analysis are as follows First, business environment, vision and strategy are significantly positively related to entrepreneurial orientation. In terms of firm life cycle, we find that firms in the start-up phase are slightly more sensitive to the business environment, while vision and strategy are important regardless of firm life cycle. Second, the operating system of the firm does not have a statistically significant effect on entrepreneurial orientation, and the hypothesis is rejected. It seems that it is important to have an operating system in place from the start-up stage in terms of the business life cycle. Third, a significant positive relationship was found between entrepreneurial orientation and managerial performance, and entrepreneurial orientation had a positive impact on managerial performance regardless of the firm's life cycle. The results of this study expand the factors influencing entrepreneurial orientation and provide theoretical and policy insights by analyzing the corporate life cycle, which is rarely addressed in the field of entrepreneurship, by distinguishing between the startup phase and other phases.

Empowering youth entrepreneurship for sustainable development: Strategies and insights from the United Arab Emirates

Empowering youth entrepreneurship for sustainable development: Strategies and insights from the United Arab Emirates

Modelling the effects of entrepreneurship education and passion on youths’ entrepreneurial intention in the tourism sector

ABSTRACT Tourism is an important sector within the South African economy, and tourism entrepreneurship drives this sector. A significant portion of entrepreneurship research concentrates on the samples of higher education students and the general population, not focussing on the youth, whether they are higher education students or not. Therefore, the central objective of this paper was to explore the relationships between three independent variables, namely, entrepreneurship education (ED), entrepreneurial meaning (EM), and entrepreneurial passion (EP) and the dependent variable, entrepreneurial intention (EI) of the general youth population regarding starting tourism-related business. It further analysed the impact that levels of general education may have on both the independent and dependent variables. A structured questionnaire was used to gather data from a purposive sample of 400 youths residing in different regions of the King Cetshwayo District Municipality in the KwaZulu-Natal Province of South Africa. Partial least squares structural equation modelling (PLS-SEM) on SmartPLS software version 4.0.8.5 was used to evaluate the relationships between the independent variables and dependent variables. The results show, among others, statistically significant positive relationships between youths’ ED, EP and their EI in the tourism sector. The study recommends that it is imperative for business decision-makers of the study area (KCDM) and academics to comprehend how ED and EP influence the EI of youths and their ability to establish and manage their own businesses, including tourism businesses. This will foster youth entrepreneurship.

Exploring trends and dynamics in women’s entrepreneurship research: A bibliometric analysis of survey questionnaires and emerging themes

Women’s entrepreneurship plays a pivotal role in societal progress and economic development, fostering diversity, innovation, and inclusive growth. This review paper examines the significance of women entrepreneurship research through a multifaceted lens, encompassing surveys, questionnaires, and bibliometric analyses, spanning from 1985 to 2023. By utilizing the Scopus database and employing bibliometric analysis with VOSviewer, this study investigated trends, prominent authors, contributing institutions, and funding sources. While existing research has made progress, significant gaps remain, particularly in understanding cultural and socioeconomic contexts. By utilizing bibliometric analysis, this study identifies prominent authors, research areas, source institutions, nations, and funding sponsors contributing to the field. Moreover, it identifies emerging themes such as access to finance, post-COVID-19 entrepreneurship, rural and youth entrepreneurship, and human capital sustainability. By elucidating these factors, this research offers insights for policymakers, practitioners, and researchers to enhance support and promote women’s entrepreneurship globally.

Planting one thousand seeds of entrepreneurs

Research methodology This case is based on secondary information and data about the Goldman Sachs One Million Black Women initiative and youth entrepreneurship programs from press releases, news articles and websites. The protagonist has been disguised. This case has been classroom-tested in a core MBA course in both face-to-face and online delivery methods. Case overview/synopsis In March 2021, Goldman Sachs launched its One Million Black Women initiative which expanded its inclusive growth goals to support Black women entrepreneurs who were under-represented and under-resourced. This initiative is one of Goldman Sachs’s sponsored programs that aid existing entrepreneurs. This program would invest $10bn over the next decade to advance racial equity, promote entrepreneurial activity and increase and economic opportunities for these highly motivated and resilient Black women. With the buzz from this initiative, Johnnetta who was a Black female manager at a financial services competitor of Goldman Sachs conceived another approach to groom and grow future generations of women of color entrepreneurs. Her idea was to implement youth entrepreneurship programs in middle schools in states with high populations of students of color. Based on a psychological theory of entrepreneurship approach, these students would learn about entrepreneurship and gain hands-on experience with starting and operating a business. The program was called “Planting 1000 Seeds of Entrepreneurs” to develop a pipeline of savvy, well-prepared future women of color entrepreneurs. Johnnetta’s dilemma was whether to pitch this new youth entrepreneurship program as an employee at her employer as a diversity, equity and inclusion (DEI) initiative or start this program as an entrepreneur of a nonprofit in which she would have sole autonomy to administer this program. This case will enable students to develop ideas into a compelling business pitch while sparking debate about approaches to foster DEI initiatives that will have impactful economic benefits for women of color entrepreneurs. Complexity academic level This case is best suited for upper-level undergraduate or graduate students taking business administration courses in management, entrepreneurship, women studies or other courses that cover topics or modules related to DEI initiatives involving women in business.

The impact of entrepreneurial alertness on the performance of youth-owned enterprises

Background: A lack of profitability attributes to 23% of business failures, which in turn, stems from young entrepreneurs’ inability to recognise and discover profitable business opportunities. Enhancing entrepreneurial alertness (EA) can play a crucial role in identifying and evaluating lucrative business prospects.Aim: The aim of this paper is to examine how entrepreneurial alertness (EA) impacts the business performance of youth-owned enterprises in South Africa.Setting: The paper focussed on registered and unregistered youth-owned businesses operating in various sectors in South Africa.Methods: This study was conducted by distributing self-administered questionnaires to youth entrepreneurs who run registered and unregistered businesses. A quantitative research approach was adopted using simple random sampling to collect primary data. A sample size of 126 youth entrepreneurs was attained, and multiple regression was used to test the study hypotheses.Results: Entrepreneurial alertness measured using evaluation and judgement dimensions were found to have a direct impact on enterprise profitability and subsequently lead to overall enterprise performance. The results further showed that scanning and search, and association and connection dimensions do not have an impact in any of the enterprise performance indicators.Conclusion: South African youth entrepreneurs do not associate alertness to enterprise performance when alertness is measured by scanning and search, and association and connection.Contribution: The study reveals that alertness measured by evaluation and judgment has an impact on enterprise performance and that alertness can be used to mitigate failures of youth-owned enterprises. The study recommends that business performance must be measured by innovativeness rather than profitability since alertness impacts innovativeness more.

Development and validation of the adolescent's entrepreneurial attributes inventory: A mixed-methods approach

This study introduces the Adolescent Entrepreneurial Attributes (AEA) scale, designed to measure key entrepreneurial attributes among adolescents within an educational context. Employing a mixed-methods approach, the research involved four distinct studies: a Delphi study to refine the measurement items, a survey of youth entrepreneurship course graduates to gather perceptions of entrepreneurial attributes, a psychometric assessment to test the reliability and validity of the AEA scale, and a SEM validation study to correlate the AEA with established measures of entrepreneurial self-efficacy and intention. The findings revealed that the AEA scale is a reliable and valid tool that captures a nested profile of adolescents' entrepreneurial attributes, including innovativeness, opportunity recognition, risk-taking propensity, proactiveness, vision-driven thinking, ethical thinking, and communication and collaboration. The scale's development contributes to the field by providing a nuanced understanding of adolescents' entrepreneurial attributes. The scale supports educational efforts to assess entrepreneurship education (EE) with aims to nurture adolescents' generic entrepreneurial attributes, differentiating from existing measurements of entrepreneurial self-efficacy, and entrepreneurial intentions to evaluate entrepreneurship education programs.

Motivating Factors to the Success of Youth Enterprise Startups: A Study of Nepali Enterprises

Youth entrepreneurship emphasizes enterprising qualities such as initiative, innovation, creativity, and risk-taking in the work environment using appropriate knowledge and skills necessary for success in a given environment and culture. The research work is expected to provide a breakthrough in studying youth-centric entrepreneurial and new venture creation efforts as the majority of studies put youth and adult entrepreneurs with substantial experience and exposure into the same basket. The objective of this study is to assess the impact of entrepreneur’s exposure, government entrepreneurial policy and support, banking/ finance accessibility, risk propensity, and family and social support, training and education on the motivation of youth enterprise startup. The study is based on descriptive and analytical research design. Data was collected in Kathmandu Valley through structured questionnaire from 140 respondents which includes various entrepreneurs from Kathmandu Valley. The study used convenience sampling technique for the selection of sample respondents. Various statistical tests such as Karl Pearson’s correlation, and regression analysis were conducted to analyze the data with the help of statistical software SPSS. It was found that entrepreneurial exposure and training and education are the significant factors impacting the motivation of youth entrepreneurship startups. The youth startups seem particularly vulnerable to failure due to the lack of motivation and support and a conducive environment. Moreover, the skill set of conducting interaction of business ideas is an added advantage that comes as a result of entrepreneurial exposure and is key for the success of youth enterprise startups and further implied to government and managerial perspectives.

WHAT MOTIVATES STUDENTS TO PURSUE ENTREPRENEURIAL ENDEAVOURS? THE PREDICTING ROLES OF ENTREPRENEURIAL PASSION AND ENTREPRENEURIAL EDUCATION

Entrepreneurship plays a crucial role in the economy of any nation, including Indonesia. Recognizing the demographic advantage, the government has emphasized youth entrepreneurship. Therefore, this study aims to examine how entrepreneurial passion and entrepreneurship education influence students’ entrepreneurial intentions. The study employed purposive sampling and collected data from 232 active students in Indonesia. Data analysis was performed using Partial Least Squares (Smart PLS). The results indicate that entrepreneurial passion directly impacts entrepreneurial intention, whereas the effect of entrepreneurship education is not significant. Additionally, the study confirms the role of entrepreneurship education in fostering entrepreneurial passion. Both entrepreneurial passion and entrepreneurship education influence attitude, subjective norms, and perceived behavioral control. However, only attitude and perceived behavioral control positively affect entrepreneurial intention, while subjective norms show no significant effect. Perceived behavioral control fully mediates the relationship between entrepreneurial passion, entrepreneurship education, and entrepreneurial intention, as indicated by the mediation analysis. Notably, attitude influences the relationship, while subjective norms do not. Policymakers can leverage on these findings to develop entrepreneurial curricula aimed at enhancing entrepreneurial intention among students.

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.

Study on Youth Entrepreneurship and Start-up Education Trends: Co-occurrence Network Analysis and Topic Modeling Analysis

Study on Youth Entrepreneurship and Start-up Education Trends: Co-occurrence Network Analysis and Topic Modeling Analysis

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

TADBIRKORLIK MEHNAT JAMOASI FAOLIYATINI TASHKIL ETISH VA BOSHQARISH FALSAFASI

the article reveals the unique aspects of youth entrepreneurship, its aspects related to the economic and legal knowledge and life experiences of young people.

The Effect of Long-Term Orientation, Power Distance, and Uncertainty Avoidance on Youth Entrepreneurial Orientation in Bandar Lampung

The Effect of Long-Term Orientation, Power Distance, and Uncertainty Avoidance on Youth Entrepreneurial Orientation in Bandar Lampung