Challenges of youth entrepreneurship and prospects of youth entrepreneurship education in Ukraine.

Abstract

The paper supports understanding of the complex challenges that youth entrepreneurs face: financial challenges, insufficient knowledge (education) and/or skills, experience; character type mismatch; bureaucratic constraints; societal and age stereotypes; inaccessibility of youth entrepreneurship support structures and initiatives, etc. The obtained data was collected via questionnaires that were distributed to 120 respondents – youth entrepreneurs registered in Ukraine. The conducted interviews allowed creating the rating of factors preventing young people from starting their own businesses. A search of modern theoretical reviews and empirical studies of the subject was also conducted. The findings revealed, among others, that a major factor that influences the youth entrepreneurship development is the lack of proper entrepreneurship education in Ukrainian higher educational institutions. It is proved that youth entrepreneurship is a complex sector that requires particularly serious attention from government agencies. The study indicates the need to prioritize attention to youth entrepreneurship education and determines its prospects in Ukraine