Youth entrepreneurship and new economy
This paper starts with a theoretical analysis of changes, which are usually designated as the new economy. These changes are characterized by globalization, more intensive use of information technology and other important structural changes. Multidimensional character of the entrepreneurship pheno...
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| Format: | Article |
| Language: | English |
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Faculty of Economics in Osijek
2008-12-01
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| Series: | Ekonomski Vjesnik |
| Subjects: | |
| Online Access: | http://hrcak.srce.hr/file/66796 |
| Summary: | This paper starts with a theoretical analysis of changes, which are usually designated as the new economy.
These changes are characterized by globalization, more intensive use of information technology and other
important structural changes. Multidimensional character of the entrepreneurship phenomenon and its role
in economic development and social integration are emphasized.
The youth represent a social group, which is, due to its transitional attributes and developments in the labour
market, in particularly vulnerable position in the new economy. This position could be improved through
activation of the entrepreneurial potential of the youth. In order to estimate entrepreneurial potential and its
determinants an empirical research is carried out on a cluster sample of 200 high-school students and 200
university students in Osijek. The results of the research show relatively high entrepreneurial aspiration of
the youth, but they also show the negative impact of the lack of financial means and the unfavourable sociocultural
conditions. The results also confirmed the importance of the entrepreneurial family background and
sex as the significant determinants of entrepreneurial aspirations. |
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| ISSN: | 0353-359X 1847-2206 |