Putting the Young in Business: Policy Challenges for Youth Entrepreneurship. Territorial Development. LEED Notebook

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OECD Publishing, 2001 - Business & Economics - 105 pages
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Policies and practices promoting youth entrepreneurship in Organisation for Economic Cooperation Development (OECD) member countries were reviewed. Special attention was paid to the following issues: youth unemployment; contrasting employment situations and policy approaches in individual OECD countries; a definition of self-employment; and the state of entrepreneurship and attitudes toward it in OECD countries. Emerging program approaches to youth entrepreneurship were examined. Special attention was paid to "best practice" examples and international youth business networks. The issues of teaching teachers, teaching entrepreneurship at all levels (primary, secondary, and tertiary), and entrepreneurship training were also discussed. It was concluded that although youth unemployment is a highly intractable problem affecting all OECD member countries, globalization and other factors are causing economic development strategies to become increasingly local and regional. It was further concluded that entrepreneurial activity is a complex process whose outcome depends on a number of factors that are either not economic or only tangentially economic. The following policy suggestions were offered: (1) the field must become more institutionalized; (2) more program evaluation is needed; (3) more cooperative connections with other schools are required; and (4) young entrepreneurs need more networks and support groups among themselves. (Twelve figures/tables/boxes are included. The bibliography lists 31 references.) (MN)

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