Barriers and incentives for business start-ups by young entrepreneurs

Abstract

Reducing youth unemployment is one of the major challenges facing most governments in the world for decades to come. Within the framework of potential efforts and strategies to boost employment and job creation for young people, entrepreneurship is increasingly accepted as an important means and a valuable additional strategy to create jobs and improve livelihoods and economic independence of young people. It is an innovative approach to integrating youth into today’s changing labour markets. In the paper, the author presents the problems of functioning of entrepreneurship for young people, which are identified in the modern scientific literature, but also the results of their own research conducted among young people. The survey of young entrepreneurs from the Republic of Moldova served as the basis for the results and conclusions. CZU: 005.411:344.722-053.6(478); JEL: A29, L26, E24, E29.