International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies

Archives

TuEngr+Logo
:: International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies

http://TuEngr.com


ISSN 2228-9860
eISSN 1906-9642
CODEN: ITJEA8


FEATURE PEER-REVIEWED ARTICLE

Vol.12(12) (2021)

  • Obstacles to the Effective Development of Russian Youth Entrepreneurship in Modern Conditions

    Olga Boris, Rustam Ustaev, Anna Nikulina (North Caucasus Federal University, RUSSIA).

    Disciplinary: Youth Study, Employment Study, Pandemic Crisis Study.

    ➤ FullText

    doi: 10.14456/ITJEMAST.2021.243

    Keywords: Youth entrepreneurship; Questionnaire survey; Negative factors; Coronavirus pandemic; Development paths; Youth activation; Hidden unemployment; Youth opinion.

    Abstract
    Youth entrepreneurship is a complex phenomenon that requires active development in modern conditions, complicated by the limitations of the coronavirus pandemic and the subsequent post-pandemic recession. The direct relationship between the state of the economy and youth activity is considered in the studies by the researchers from different countries: the USA, UK, Russia, Indonesia, Nigeria, South Africa, and others. The purpose of this article is to reveal the obstacles faced by youth entrepreneurship and to get an answer to the question of which ones are intensifying and which ones are emerging in the context of the coronavirus pandemic. In Russia, this problem is most relevant for the North Caucasian Federal District, based on which the study is based. This article is an attempt to answer the question of what prevents young people from starting their own business and making it successful. To find out the obstacles to youth entrepreneurship, which developed in the socio-economic conditions of the region with a surplus of labor and became more active in the conditions of the current crisis, a questionnaire survey of 257 graduates and young entrepreneurs and personal interviews of 15 respondents were conducted. Based on this, the most significant factors in the opinion of the respondents were identified, and then a set of necessary measures was formed to activate youth entrepreneurship using benchmarking and comparative analysis methods.

    Paper ID: 12A12L

    Cite this article:

    Boris, O., Ustaev, R., Nikulina, A. (2021). Obstacles to the Effective Development of Russian Youth Entrepreneurship in Modern Conditions. International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies, 12(12), 12A12L, 1-9. http://doi.org/10.14456/ITJEMAST.2021.243



References

  1. Albekov A.U., Makarenko E.N., Galazova S.S., Vovchenko N.G., Romanova T.F., Ivanova O.B., Andreeva O.V., Kostoglodova E.D., & Sukhoveeva A.A. (2019). Development of the human capital of youth: organizational, managerial and financial aspects. Monograph. - Moscow: Creative Economy, p. 376 https://www.elibrary.ru/item.asp?id=41289175
  2. Andaleeb, A. (2019). Youth entrepreneurship: concepts and evidence. https://www.unicef.org/globalinsight/reports/youth-entrepreneurship-concepts-and-evidence
  3. Arsenyev, V.A., Litvinova S.A., Parakhina V.N. Kozenko Z.N. & Denisov M.Yu. (2016) Mechanisms of innovational development of countries with transitional economy. Contemporary Economics, 10(4), 373-380.
  4. Barber K., & Mostajo-Radji M. A. (2020). Youth networks' advances toward sustainable development goals during the COVID-19 pandemic. Frontier in Sociology, 5, 92.
  5. Chauke, T.A., & Chinyakata, R. (2020). The Effects of the Covid-19 Outbreak on the Positive Development of Young People in Malamulele, South Africa. The Thinker, 84(2), 70-75.
  6. Diandra, L. & Fahleza, R. (2020). Result of Survey on June 2020 Impact of COVID-19 on Youth Entrepreneurs in Indonesia. https://www.unicef.org/indonesia/media/8236/file
  7. Dolgorukova, I.V. (2019) Development factors of youth entrepreneurship in modern Russia. Social policy and sociology, 18(131), 26-34. DOI: 10.17922/2071-3665-2019-18-2-26-34
  8. Dzomonda, O., & Fatoki, O. (2019). The role of institutions of higher learning towards youth entrepreneurship development in South Africa. Academy of Entrepreneurship Journal, 25(1), 1-11.
  9. Farhat, J., Matusik, S., Robb, A., & Robinson, D. T. (2018). New directions in entrepreneurship research with the Kauffman Firm Survey. Small Business Economics, 50(3), 521-532.
  10. Flegontov, V.I. (2020). Decrease in employment and growth of poverty as a social threat (economic consequences of the pandemic). Actual problems of socio-economic development of Russia, 2, 66-71.
  11. Gazetov, A.N. (2018) Stimulating the development of youth (beginner) entrepreneurship in the support system for small and medium-sized businesses in the Russian Federation. The Journal of Russian Law, 12(264), 49-61. https://elibrary.ru/item.asp?id=36715915
  12. Golovina, T. A., Merkulov, P. A., & Polyanin, A. V. (2017). Strategic Vectors of the Development of the State Support of Youth Entrepreneurship in Russia. Economic policy, 5, 42-61.
  13. Iarmosh, O. V., & Lototskaya , E. M. (2019). New Opportunities for Youth Entrepreneurship Development and Youth Self-Employment Increase. Adaptive Management: Theory and Practice. Series Economics, 6(12). Access: https://amtp.org.ua/index.php/journal2/article/view/136
  14. Jakubczak, J. (2015). Youth entrepreneurship barriers and role of education in their overcoming-pilot study. Managing Intellectual capital management, and innovation for sustainable knowledge and learning and inclusive society, 1775-1782.
  15. Kim, G. (2008). Entrepreneurship and self-employment: The state-of-the-art and directions for future research. New England Journal of Entrepreneurship, 1(11), 39-52. DOI: 10.1108/NEJE-11-01-2008-B003
  16. Kruse, T. (2019). Making Change: Youth Social Entrepreneurship As an Approach to Positive Youth and Community Development. New York: Oxford University Press. DOI: 10.1093/oso/9780190849795.001.0001
  17. Lewis, K., & Massey, C. (2018). Youth entrepreneurship. In Entrepreneurship: New perspectives in a global age. Routledge, 206-226.
  18. Manolova, T. S., Edelman, L. F., Shirokova, G., & Tsukanova, T. (2019). Youth entrepreneurship in emerging economies: can family support help navigate institutional voids?. Journal of East-West Business, 25(4), 363-395.
  19. Meahjohn, I., & Persad, P. (2020). The impact of COVID-19 on entrepreneurship globally. Journal of Economics and Business, 3(3).
  20. Melugbo, D. U., Ogbuakanne, M. U., & Jemisenia, J. O. (2020). Entrepreneurial potential self-assessment in times of COVID-19: Assessing readiness, engagement, motivations and limitations among young adults in Nigeria. Iann Journal of Interdisciplinary Studies, 2(1), 12-28.
  21. Mohamed, N.A. & Sheikh Ali, A.Y. (2021), Entrepreneurship education: systematic literature review and future research directions. World Journal of Entrepreneurship, Management and Sustainable Development. DOI: 10.1108/WJEMSD-07-2020-0084
  22. Noga, M., & Brzezi?ski, A. (2021). Economics, Education and Youth Entrepreneurship: International Perspectives. Routledge.
  23. Parakhina V. N., Boris O.A., & Timoshenko P. N. (2017) Integration of Social and Innovative Activities into Industrial Organization. Integration and Clustering for Sustainable Economic Growth. Ser. Contributions to Economics. Springer, 225-242.
  24. Rukina, E.V. (2018). Development of youth entrepreneurship as one of the directions of state youth policy. Bulletin of State and Municipal Administration, 3, 148-155. https://elibrary.ru/item.asp?id=37067115
  25. RussGov. (2021). The number and composition of the labor force in the constituent entities of the Russian Federation. https://gks.ru/bgd/free/B04_03/IssWWW.exe/Stg/d02/38.htm
  26. Shittu, A. I. (2017). Promoting youth entrepreneurship: The role of mentoring. IDS Bulletin, 48(3), 141-153.
  27. Smirnov, V.V., Zakharova, A.N., & Dulina, G.S. (2020) Analysis of youth unemployment and entrepreneurship in the modern world order. Economic Analysis: Theory & Practice, 19(497), 286-309. https://www.elibrary.ru/item.asp?id=42476902
  28. Sukhoveeva, A.A. & Andreeva, O.V. (2019). Youth policy. In Comprehensive analysis of the socio-economic development of Rostov-on-Don: comparative dynamics and key trends. Albekov A.U., Vovchenko N.G., Berdnikov S.V. et al. - Rostov-on-Don: Rostov State Economic University, pp. 234-248. Access: https://www.elibrary.ru/item.asp?id=41236828
  29. Sulphey, M. M. (2021). The Position of Risk Propensity and Resilience among Saudi Youth Vis-a-vis Certain Other Nationalities. International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies, 12(1), 12A1U, 1-11. DOI: 10.14456/ITJEMAST.2021.21
  30. Tinkov S.A. & Alpatskaya I.E. (2020) State support of youth entrepreneurship in Russia. Economics and Entrepreneurship, 1(114), 666-673. https://www.elibrary.ru/item.asp?id=42686258
  31. Trushkova, E. A., Shikhverdiev, A. P., Oganezova, N. A., Vishnyakov, A. A., & Obrezkov, N. I. (2019). Government programs on the youth entrepreneurship development in the Arkhangelsk region. International Journal of Innovative Technology & Exploring Engineering, 8(7), 762-767.
  32. Vladimirovich, M. I., Nisonovich, S. M., Sergeevich, S. M., & Aharonovich, A. R. (2019). Regional differentiation of support of youth innovative entrepreneurship system in the Union State. Academy of Entrepreneurship Journal, 25, 1-5.


Other issues:
Vol.12(13)(2021)
Vol.12(11)(2021)
Vol.12(10)(2021)
Archives




Call-for-Papers

Call-for-Scientific Papers
Call-for-Research Papers: ITJEMAST invites you to submit high quality papers for full peer-review and possible publication in areas pertaining engineering, science, management and technology, especially interdisciplinary/cross-disciplinary/multidisciplinary subjects.

To publish your work in the next available issue, your manuscripts together with copyright transfer document signed by all authors can be submitted via email to Editor @ TuEngr.com (no space between). (please see all detail from Instructions for Authors)


Publication and peer-reviewed process:
After the peer-review process (4-10 weeks), articles will be on-line published in the available next issue. However, the International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies cannot guarantee the exact publication time as the process may take longer time, subject to peer-review approval and adjustment of the submitted articles.

Disclaimer: All products names including trademarksTM or registered® trademarks as well as intellectual properties mentioned in ITJEMAST's articles are the property of their respective owners, using for identification and educational purposes only. Use of them does not imply any endorsement or affiliation. Information publisihed in ITJEMAST, reflected only personal view of the authors, is very fact specific with particular assumptions and thus may not apply to any specific situations. Specific advices should sought from professionals in the fields. Under no circumstances shall its Editors, Editorial Board members, and the authors be liable for any direct or indirect, incidental or consequential losses or damages that result from the uses of or the reliances upon the ITJEMAST published information.

©2021 All Rights Reserved.