Youth entrepreneurship: concepts and evidence

What is the concept of youth entrepreneurship?

Is a process whereby creative and innovative ideas are transformed into enterprises initiated and managed by young people with the primary purpose of addressing their socio-economic challenges such as poverty and unemployment.

What are the key concepts of entrepreneurship explain?

At last, it is concluded that entrepreneurship can be observed as an identifying change, pursuing opportunities, taking risks and responsibilities, innovation of existing or new products, employing the better use of resources, creating new values that are significant for customers, and repeating the process all over

What are 3 benefits of entrepreneurship to the youth?

The skills you learn as an entrepreneur give you a competitive advantage in every part of life.
Resiliency, innovation, teamwork, respect, networking, problem solving, and responsibility – learn them as an entrepreneur and use them for the rest of your life.

Different Types of Youth Entrepreneurship