Barriers and Incentives for Youth Entrepreneurship Start-Ups: Evidence from Bangladesh

Md. Mahi Uddin; Mustafa Manir Chowdhury; Md. Maruf Ullah

Authors

Md. Mahi Uddin
Mustafa Manir Chowdhury
Md. Maruf Ullah

Keywords:

Abstract

Reducing unemployment of youth has become one of the most difficult challenges for Bangladesh where youths constitute one third of total population. This study examined a range of key constraints that impede young people in Chittagong, Bangladesh, from starting and running a business and at the same time the study identified incentives, initiatives and measures that may improve young entrepreneurship. For a qualitative intervention, 44 complete questionnaires were analyzed who were selected from Chittagong, the second largest in Bangladesh, following a convenience and purposive sampling technique. Results reported that most cited start-up challenge is neglecting knowledge-based innovation, being their own boss is the main motivation to engage in business, parents and family mainly influenced young people to start business while financial risk is the most pressing de-motivator to start-up business.

Downloads

How to Cite

Barriers and Incentives for Youth Entrepreneurship Start-Ups: Evidence from Bangladesh. (2015). Global Journal of Management and Business Research, 15(A4), 39-49. https://journalofbusiness.org/index.php/GJMBR/article/view/1621

Download Citation

References

Partha Chakraborty, Dipa Roy, Md. Rahman, Saifur Rahman (2006) Eye Gaze Controlled Virtual Keyboard. 8(4), 3264-3269.

A Basu (2002) The Interaction between Culture and Entrepreneurship in London's Immigrant Business.

Dilip Bhadra (2014) Changing of Asian Outlooks and New Travel Demands are the Emerging Factors for Expanding Tourism Markets Globally.

S Birley (1987) 2New ventures and employment growth. 2(2), 155-165.

Francis Chigunta (2002) Entrepreneurship as a Possible Solution to Youth Unemployment in Africa. 1-19.

G Darby (2001) The Young entrepreneur -Revisited, RSA Onian Fellowship.

L De Sa (2005) Business Registration for Start-Ups: A Concept Note.

Uwe Andersen (2004) Hat der Euro sich bewährt? Eine Zwischenbilanz nach fünf Jahren. 229-242.

Alan Fowler (2000) NGDOs as a moment in history: Beyond aid to social entrepreneurship or civic innovation?. 21(4), 637-654.

Gob (2005) Hubbard-Miles, Peter Charles, (9 May 1927-1 Oct. 2005), self-employed small businessman, 1948-95. 95.

Gob (2006) Unlocking the Potential: National Strategy for Accelerated Poverty Reduction. 299.

Sadia Afrin Jui, M Mukul, Iffat Jahan Nur, Ranjit Kumar Ghosh (2012) Cluster analysis of Corchorus capsularis jute based on agro-morphological characters to isolate high-yielding genotypes for breeding purposes. 3(1), 29-36.

F Greene, D Storey (2005) Valuating Youth Entrepreneurship: The Case of the Prince's Trust.

M Hagigi, L Lin (2012) Attitude towards Risk and Entrepreneurship Development in Emerging Economics: The Case of Bangladesh. 5(1).

Klaus Haftendorn, C Salzano (2004) Youth Entrepreneurship and Self-Employment as a Source of Employment in Eastern Europe, South-Eastern Europe, and Central Asia. 59, 61-79.

R Harding, M Cowling, M Ream (2003) Taylor, Ronald George, (12 Dec. 1935-28 Sept. 2009), Director-General, British Chambers of Commerce (formerly Association of British Chambers of Commerce), 1984-98.

Sidh Hedge (1960) Put Michigan Chemical MgO to work for you as.... 38(33), 10.

T Heidrick (2002) Financing SMEs in Canada: Barriers Faced by Women, Youth, Aboriginal and Minority Entrepreneurs in Accessing Capital.

Douglas Henton, John Melville, Kimberly Walesh (1997) The age of the civic entrepreneur: Restoring civil society and building economic community. 86(2), 149-156.

Ulla Hytti, Colm O'gorman (2004) What is "enterprise education"? An analysis of the objectives and methods of enterprise education programmes in four European countries. 46(1), 11-23.

(2001) Putting the Young in Business.

S White, P Kenyon (2001) Enterprise-Based Youth Employment Policies, Strategies and Programs.

S Mueller, A Thomas (2001) Culture and entrepreneurial potential: A nine country study of locus of control and innovativeness. 16, 51-75.

P Moog (2005) Good Practice in der Entrepreneurship-Ausbildung -Versuch eines international Vergleichs, Studie erstellt für den Förderkreis für Gründugsforschung (FGF).

R Mcgrath, I Macmillan, E Yang, W Tsai (1992) Does culture endure, or is it malleable? Issues for entrepreneurial economic development. 7.

Patrick Kreiser, Louis Marino, Pat Dickson, K Weaver (2001) Cultural Influences on Entrepreneurial Orientation: The Impact of National Culture on Risk Taking and Proactiveness in SMEs. 34(5), 959-984.

R Street, J Sykes (2003) Secretariat of the entrepreneurship Group -Youth Employment Network (YEN).

E Kalafaltelis, P Mcmillen (2004) Developing a culture for entrepreneurship among young people in New Zealand.

A Gibb (1988) Stimulating New Business Development.

Peter Suber (2005) JISC-DEST collaboration.

Alberta Charney, Gary Libecap (2000) The Impact of Entrepreneurship Education: An Evaluation of the Berger Entrepreneurship Program at the University of Arizona, 1985-1999.

L Gallaway, M Andersson, W Brown, G Whittam (2005) Mcgregor, Prof. Heather Jane, (born 27 March 1962), Executive Dean, Edinburgh Business School, Heriot Watt University, since 2016.

(1972) Training Youth and Employment Schemes in Developing Countries. 140.

(2004) Meaningful youth engagement for decent work.

(2005) Employment & youth. 14-37.

Larissa Kapitsa (2002) National Youth Summit Promotes Positive Youth Development. 7-11.

Gauri Agarwal, Alpana Razdan, Rakesh Samal, Vandana Sharma, Shikha Koul, Vandana Mishra (2004) Genetic Signatures of Chromosome 20 Mosaicism in Recurrent Pregnancy Loss. 1-6.

L Lewin (1941) Youth Work Program, Problems & Policies. 76-82.

La Porta, R Shleifer, A Djankov, S (1999) The regulation of entry; policy research working papers.

J Maxwell (2002) Recommendations for connecting West African youth to entrepreneurship and small business through a multiple level strategy.

A Momen (2005) Youth Programs in SAARC Countries. 45.

Ganesh Prabhu (1999) Social entrepreneurial leadership. 4(3), 140-145.

A Rahim (1976) Sabuj Sangha as a Youth Action Program at Comilla Kotwali Thana. Comilla. 71.

(1972) Youth of the President Science Advisory Committee. 43.

U Schoof (2006) Stimulating Youth Entrepreneurship: Barriers and incentives to enterprise start-ups by young people. 76.

A Sutradhar (2005) Editor's Note. 2(1), 33.

J Schnurr, Newing (1997) A Conceptual and Analytical Framework for Youth Enterprise and Livelihood Skills Development: Defining an IDRC Niche.

Schuyler (1998) Social entrepreneurship: profit as a means, not an end.

S White, P Kenyon (2001) Local strategies for youth employment.