The territorial economic impact of entrepreneurial youthfulness

Entrepreneurship and youth population interact to enhance economic performance, and actions oriented to bring down social barriers linked to the fear to entrepreneurial failure are as important as policies focused on access to finance or human capital formation. Entrepreneurship generates opportunit...

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Detalles Bibliográficos
Autores: Lafuente González, Esteban Miguel|||0000-0001-5889-7656, Gómez Araujo, Eduardo
Tipo de recurso: artículo
Fecha de publicación:2016
País:España
Institución:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2117/104670
Acceso en línea:https://hdl.handle.net/2117/104670
https://dx.doi.org/10.1002/jsc.2055
Access Level:acceso abierto
Palabra clave:Labor economics
Entrepreneurship
youths
territorial economic performance
Economia del treball
Emprenedoria
Àrees temàtiques de la UPC::Economia i organització d'empreses
Descripción
Sumario:Entrepreneurship and youth population interact to enhance economic performance, and actions oriented to bring down social barriers linked to the fear to entrepreneurial failure are as important as policies focused on access to finance or human capital formation. Entrepreneurship generates opportunities for professional development, social and economic integration, the maintenance of the rural population and the attraction of new residents to these territories. Young entrepreneurs face more than financial constraints, as local economic conditions and their risk aversion are important barriers to engage in entrepreneurial activities. To achieve greater rates of entrepreneurship amongst rural youths, policy should mould the value system of the community in general, and not exclusively that of young adults.