Youth Unemployment and Entrepreneurship Development : Challenges and Prospects in Nigeria

2014 ◽  
Vol 4 (4) ◽  
pp. 20-35 ◽  
Author(s):  
Okoye-Nebo Chidiebere ◽  
Kenneth Iloanya ◽  
Ugochukwu Udunze
Keyword(s):  
Youth Unemployment ◽  
Entrepreneurship Development

scholarly journals Government Entrepreneurship Programmes and Unemployment in Osun State, Nigeria

2022 ◽  
Keyword(s):  
Poverty Reduction ◽  
Youth Unemployment ◽  
Technical Skills ◽  
Cognitive Skill ◽  
Development Programme ◽  
Practical Training ◽  
Special Importance ◽  
Youth Empowerment ◽  
Entrepreneurship Development ◽  
The Impact

Youth unemployment is one of the most difficult problem threatening economic development of many nations. Entrepreneurship Development Programme (EDP) is therefore increasingly recognized all over the world, as a panacea to ameliorate the menace of unemployment. Any country that attaches special importance or gives special attention to entrepreneurship stands a better chance of reducing unemployment and improved economy. This study therefore seeks to examine the impact of EDP on the menace of unemployment in Osun state, Nigeria. The specific objective seeks to examine the impact of National Directorate of Employment (NDE) on youth empowerment; and determine the effect of N-power on poverty reduction in Osun state. The study adopted survey research design, using item structured instrument to elicit information from the respondents, for a true representation of the whole population of twenty-five and seventeen thousand (25,000 & 17,000) from both NDE and N- power respectively. The sample of four hundred (400) and two hundred and fifty (250) from both NDE and N -power respectively, making a total of six hundred and fifty (650) respondents was drawn from the population using Taro Yamane (1967) formula for estimating sample. A total of 650 questionnaires were administered out of which six hundred and thirty-two (632) were properly filled and returned. The formulated hypotheses were tested using multiple regression with the aid of Statistical Package for Social Science (SPSS…Version20). The finding of the study revealed that NDE programmes have significant impact on job creation. with the R2 of 0.598. The study also revealed that N-power significantly address poverty reduction, most especially in Osun State, with R2 value of 0.687, which indicate that technical skills which comprises of cognitive and non-cognitive skill actually reduced unemploment. Therefore, It was recommended that, in other to produce a typical entrepreneurs that will not only be self-employed but employ more other unemployed youth, government should make it as a point of duty that beneficiaries are given practical training and ensure they acquire technical skills, both cognitive and non- cognitive skill during and after the programme. Keywords: Entrepreneurship Development Programme (EDP), Skills, National Directorate of Employment (NDE), N-power, Youth Empowerment

Promotion of Digital Entrepreneurship for Youth Employability in the Post Covid-19 Era

2021 ◽  
pp. 122-142
Author(s):  
Tlou Maggie Masenya
Keyword(s):  
South Africa ◽  
Role Models ◽  
Job Creation ◽  
Youth Unemployment ◽  
Entrepreneurship Development ◽  
Entrepreneurial Skills ◽  
Entrepreneurial Spirit ◽  
Job Opportunities ◽  
Digital Entrepreneurship

The persistently high youth unemployment rate has long been one of the most pressing socio-economic problems in South Africa. This calls for a mix of innovative, creativity, digital skills, and entrepreneurial spirit to create job opportunities and prepare the youth for the digital economy. Digital entrepreneurship is perceived as a key pillar for job creation and economic growth. The purpose of this chapter was to investigate the role of digital entrepreneurship development in promoting youth employment through the application of novel digital technologies and the innovative application of such technologies. Barriers to effective digital entrepreneurship development were identified and among others include inadequate funding, lack of infrastructure and resources, lack of digital and entrepreneurial skills, poor collaboration between stakeholders, lack of awareness in digital entrepreneurship opportunities, and lack of appropriate mentors and role models. The chapter proposed a roadmap for promoting digital entrepreneurship development among youth in South Africa.

scholarly journals Factors influencing the Perceptions of youth entrepreneurship development in South Africa

2016 ◽  
Vol 14 (3) ◽  
pp. 556-563
Author(s):  
Germinah Evelyn Chiloane-Tsoka
Keyword(s):  
South Africa ◽  
Unemployment Rate ◽  
Quantitative Research ◽  
Youth Unemployment ◽  
Education And Training ◽  
Jel Classification ◽  
Entrepreneurship Development ◽  
Youth Entrepreneurship ◽  
Strongly Agree ◽  
And Training

Youth unemployment is one of the central concerns affecting global economics in the world today. The recent World Economic Forum held at Davos prioritized the discussions on issues confronting youth unemployment. The International Labor Office (ILO, 2013) projected a global youth unemployment rate of 12.7% by 2017. According to the ILO, (2013), 202 million people are unemployed globally and 40% are under the age of 24. South Africa fares even worse. Statistics SA (2012) indicates that 71% of the unemployed are aged 25-34 and the unemployment rate among youth is 36%. About 3.3 million youth aged 15-34 are not employed or studying (Financial Mail, 7th February 2013). With this in mind, the paper intends to look at the perceptions affecting youth entrepreneurship development in South Africa and whether entrepreneurial education and training fosters the development of entrepreneurial orientation in the South African youth. A five point Likert Scale was used, 1 = Strongly disagree 3 = Neutral and 5 = Strongly agree. Furthermore, a quantitative research method was used and 132 grade eleven learners were purposefully selected randomly in Crawford high school in Gauteng. Findings indicate that entrepreneurship education and training can direct students towards certain career choices; secondly, planned behavior can be predicted; and thirdly, practically is able to increase the propensity of students to start a business. Keywords: SA, learners, entrepreneurship culture, orientation, education, youth unemployment. JEL Classification: L26, J24

Entrepreneurship Development – An Approach to Economic Empowerment of Women

2012 ◽  
Vol 3 (8) ◽  
pp. 1-2
Author(s):  
Kalima Abdul ◽  
◽  
G. Vani G. Vani ◽  
N. Sailaja N. Sailaja
Keyword(s):  
Economic Empowerment ◽  
Entrepreneurship Development

Enterprise Development Programming in Partnership with Local Government, Science and Business. The Example of Rybnik

2017 ◽  
Vol 13 ◽  
pp. 53-61
Author(s):  
Wojciech Kiljańczyk
Keyword(s):  
Economic Development ◽  
Local Government ◽  
Development Program ◽  
Development Programs ◽  
Enterprise Development ◽  
Entrepreneurship Development ◽  
Development Programming ◽  
Development Plans ◽  
Resources And Capabilities ◽  
The City

The article concerns the mechanisms of entrepreneurship development in partnership with local government, science and business. The author presents evidence that the sector partnership is crucial for the success of projects developing entrepreneurship in the local and regional perspective. Local government has the resources and capabilities to act as initiators of projects and programs supporting the economic development of the city or voivodeship. At the same time, representatives of local government units must use appropriate operational and management methods in the implementation of the policy of strengthening entrepreneurship. Inter-sectoral collaboration requires the application of organisational solutions allowing for the involvement of units in different fields and basing on various legislation. The author also indicates that the source of the competitive advantage of cities and regions may be the specialisation, as well as the commercialisation of knowledge and technology. In this case, the inter-sectoral partnership is crucial as it conditions the success of economic development programs in its social, economic and political sense. At the same time, the article describes the methods of building the inter-sectoral cooperation. As a basis for the appropriate use of the different potential of the cooperating participants, the authors indicated projects and programs embracing groups of projects. All this is worth being recognised within the framework of strategic documents, such as development plans, strategies, and other records used by local government agencies. The article uses the outcome of the participatory workshops during the preparation of the Rybnik Enterprise Development Program. The aim of the study is the verification of the assumption that the sectoral partnership is crucial to the processes of local and regional entrepreneurship development.

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