Creation of favorable entrepreneurial ecosystems for the development of youth business in agricultural regions of the South of Russia

Boris, Olga A.; Simonov, Andrey; Parakhina, Valentina N.

doi:10.1088/1755-1315/949/1/012143

Cited by 3 publications

(1 citation statement)

References 12 publications

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“…This is because they have creative ideas for running their businesses and a desire to learn from their experiences in producing quality and valuable products by utilizing online marketing. Additionally, the professional aspirations of young people and their desire to work for themselves provide a solution to the social problem of employment growth in manpower-surplus, as well as boost the innovative development of regional economies [21].…”

Section: Innovation Capabilitymentioning

confidence: 99%

Empowering Women Entrepreneurs: Enhancing Competency and Capacity Through University Education

Dalimunthe,

Zulkarnain,

Siahaan

et al. 2023

TEM Journal

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This research aims to explore the potential of human capital, competitive advantages, and women entrepreneurship innovation in Indonesia and Kuala Lumpur, as well as to provide academic policies to the government by establishing a cluster of human resources (HR) expertise and enhancing the development of women entrepreneurship, resulting in regulations to improve human capital and women entrepreneurship. The research problem is how female entrepreneurs can transform HR expertise in their business. The survey sample of active female entrepreneurs in various cities were selected using a multi-stage random sampling method, totaling 47 female entrepreneurs, consisting of 39 respondents from Medan and Deli Serdang, 5 from West Sumatra, and 3 from Kelantan, Malaysia. The qualitative descriptive research and a comparative analysis were applied to this research. This research proves that female entrepreneurs who act as housewives must continue to develop their human resource potential, competitive advantages, and innovative abilities in entrepreneurship to produce superior products, be competitive, increase economic income, and improve the welfare of their families.

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Section: Innovation Capabilitymentioning

confidence: 99%

Empowering Women Entrepreneurs: Enhancing Competency and Capacity Through University Education

Dalimunthe,

Zulkarnain,

Siahaan

et al. 2023

TEM Journal

View full text Add to dashboard Cite

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Essence and Features of Youth Entrepreneurship in Modern Conditions

Boris

Parakhina

Ustaev

2022

Actual Directions of Scientific Researches of the XXI Century: Theory and Practice

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Currently, youth unemployment is a complex and problematic issue in all countries, including Russia. The article highlights the regions for which this problem is most relevant. In the Russian Federation, this is the North Caucasian Federal District, where unemployment is 2 times higher than the national average. Youth find it difficult to find employment in times of crisis. For this reason, about 20 percent of young people in the world have lost their jobs during the pandemic. The article discusses the features of youth entrepreneurship as a way to overcome youth unemployment. It has been established that having a high level of activity, young people often have an overestimated level of expectations and claims that prevent them from adequately assessing their capabilities. On the basis of the conducted content analysis, the triune essence of youth entrepreneurship was determined: economic (activation of economic growth), state-public (overcoming unemployment); socio-psychological (the growth of the well-being of young people and the possibility of its rapid self-realization). Two fairly independent, but over time intertwining types are identified - forced and goal-oriented entrepreneurship, which form two sets of youth enterprises discussed in the article. It is also shown that the younger generation should be considered the most important innovative part of society. The purpose of the work is to highlight the features of youth entrepreneurship as a means of solving the problem of unemployment and creating conditions for economic growth in modern conditions. To achieve the goal, methods of statistical analysis of data on unemployment, as well as comparative and morphological analysis and synthesis of factors that determine changes in the youth business environment, were used. The conclusions of the article may be of practical importance for government bodies and business associations in the North Caucasus Federal District to solve the problems of youth unemployment. The study showed that in a crisis, for the success of youth enterprises, their effective, purposeful and strategically built support is important, including support by the state and / or educational organizations and / or the business community in various options highlighted in the article.

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Youth Entrepreneurship Support Model and Youth Business Associations

Boris

Parakhina

2022

Wseas Transactions on Business and Economics

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The relevance of the study of the youth business model is due to its significance in the entrepreneurial environment, since novice young entrepreneurs will determine the state of our economy in the future. Nevertheless, modernity poses many specific development problems for the younger generation, overcoming which is almost impossible without the support of experienced businessmen and the state. Targeted support for young people in the region will determine the possibilities of sustainable functioning and growth of small business, and this, in turn, will provide the basis for its economic development and increase its investment attractiveness. The purpose of the research presented in the article is to build an effective youth entrepreneurship model as a dynamic process in which a successful transition from one stage to another is ensured by a combination of competencies and favorable conditions provided at each stage by a certain set of forming and supporting structures. These structures play an important role in the formation and development of a young entrepreneur at certain stages of his life cycle, since their educational events, contests, information platforms increase the understanding of the possibility of using existing support methods and the confidence of young people in the correctness of the business choice made. The authors have identified the most active structures in Russia in the field of youth entrepreneurship support. Nevertheless, with all their activity, the activities of these structures are more focused on the allocation, support, training of young businessmen, which covers the first two or three stages of the dynamic process of youth entrepreneurship. As a result, youth organizations stop developing or fail. One of the reasons is the absence of a mentor, an adviser-consultant who can help to analyze the activities of the enterprise and suggest the direction of its development. It is established that the formation and development of youth business at many stages of its life cycle is influenced by business associations (associations of young and significant entrepreneurs for the realization of common goals).In such a way, the article highlights the most significant factors determining the sustainable development of youth business. Their integration is currently in in formative stage, and their isolated application does not always meet the interests of young entrepreneurs. Concerning the analyzed elements of support for the stages of youth enterprise formation are integrated into a matrix model that ensures the sustainability of the activities of talented young people who have connected their lives with the business sphere.

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Creation of favorable entrepreneurial ecosystems for the development of youth business in agricultural regions of the South of Russia

Cited by 3 publications

References 12 publications

Empowering Women Entrepreneurs: Enhancing Competency and Capacity Through University Education

Empowering Women Entrepreneurs: Enhancing Competency and Capacity Through University Education

Essence and Features of Youth Entrepreneurship in Modern Conditions

Youth Entrepreneurship Support Model and Youth Business Associations

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