1. THE YOUTH ENTREPRENEURSHIP AS RESPONSE TO THE YOUTH UNEMPLOYMENT - EXAMPLES OF WESTERN BALKAN REGION.
- Author
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Vutsova, Albena, Arabadzhieva, Martina, and Angelova, Radostina
- Subjects
UNEMPLOYMENT insurance ,BUSINESSPEOPLE ,TAX benefits ,ENTREPRENEURSHIP ,BUSINESS success ,ENTREPRENEURSHIP education ,YOUNG adults ,UNEMPLOYMENT - Abstract
This document is a compilation of various sources that explore the potential of youth entrepreneurship as a response to youth unemployment in the Western Balkan region. It analyzes statistical information from Eurostat, the World Bank, and the Global Entrepreneurship Monitor to highlight the value of entrepreneurship in reducing unemployment and improving the innovation ecosystem. The document discusses the challenges faced by youth entrepreneurship, such as lack of experience and difficulty transitioning from education to the labor market. It also identifies opportunities for regional cooperation and emphasizes the importance of entrepreneurial policy, environment, education, and financial support. The document covers topics such as factors influencing entrepreneurial intentions, the impact of entrepreneurship on youth unemployment, and the barriers and drivers of youth entrepreneurship. It provides insights into the entrepreneurial ecosystems and policies in different countries in the region, including Italy, Romania, Serbia, Montenegro, Bosnia and Herzegovina, Albania, North Macedonia, and Bulgaria. The document suggests that while there are obstacles to youth entrepreneurship, such as lack of developed financing instruments and bureaucratic hurdles, there are also opportunities for growth and improvement, such as improved legal frameworks, digitalization, funding programs, and support services for young entrepreneurs. It emphasizes the need for better collaboration between stakeholders and the importance of entrepreneurial education in fostering youth entrepreneurship. [Extracted from the article]
- Published
- 2023
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