The Employment Outlook for Youth: Building Entrepreneurial Ecosystems as a Way Forward
Type
presentation
Date Issued
2013-04-18
Author(s)
Abstract
Since the outbreak of the recent financial crisis we have experienced some of the highest rates of youth unemployment in history. If we want to avoid branding the young people as a "Lost Generation", we need to act quickly. One important active labor market strategy to solve the youth unemployment crisis is entrepreneurship, helping them turn into job creators rather than job seekers. Entrepreneurship has received significant attention over the past decade with a rapid and often uncoordinated increase in entrepreneurship support programs. These constitute a major part of entrepreneurship ecosystems. In order to build effective entrepreneurship ecosystems, we need to understand the components and assessment indices of such ecosystems. This essay proposes a new conceptual framework describing entrepreneurship ecosystems. The proposed framework is expected to support policymakers and practitioners in setting up new entrepreneurship ecosystems and serve as a basis for future research.
Language
English
Keywords
Entrepreneurship ecosystems
Youth Unemployment
Next Generation
HSG Classification
contribution to scientific community
Refereed
No
Event Title
G20 Youth Forum
Event Location
St. Petersburg (Russia)
Subject(s)
Eprints ID
232745