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Entrepreneurship, A Solution To Improve Youth Employment In The European Union

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  • Mariana-Cristina, GANESCU

    ("Constantin Brancoveanu" University of Pitesti.)

Abstract

The high level of unemployment among young people in EU countries reflects the difficulties young people face in finding a job. On the premise that entrepreneurship is a solution to youth unemployment in the European Union, the present study uses the entrepreneurial ecosystem assessment methodology proposed by the Global Entrepreneurship and Development Institute. Panel data analysis reveals a negative correlation between the level of development of the entrepreneurial ecosystem and the level of youth unemployment. The paper is of interest because it emphasizes the idea that a high level of development of the entrepreneurial ecosystem may reduce the level of youth unemployment.

Suggested Citation

  • Mariana-Cristina, GANESCU, 2014. "Entrepreneurship, A Solution To Improve Youth Employment In The European Union," Management Strategies Journal, Constantin Brancoveanu University, vol. 26(4), pages 580-588.
    • Handle: RePEc:brc:journl:v:26:y:2014:i:4:p:580-588
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    entrepreneurship; youth unemployment rates; entrepreneurship eco-system; Global Entrepreneurship and Development Index (GEDI); European Union.;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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