ENTREPRENEURSHIP, A SOLUTION TO IMPROVE YOUTH EMPLOYMENT IN THE EUROPEAN UNION

 
Autor (i): Mariana-Cristina, Gănescu
 
JEL: L26, J21, J13, O52
 
Cuvinte cheie: entrepreneurship, youth unemployment rates, entrepreneurship eco-system, Global Entrepreneurship and Development Index (GEDI), European Union.
 
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.   

 
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