Determinants of Youth Entrepreneurship in Ethiopia Specific Evidence from Graduated Unemployed Youth in Debre Tabor

Abstract

The purpose of the study was to examine the determinants of youth entrepreneurship in Ethiopia specific evidence from graduated unemployed youth in Debre Tabor Town. It employed descriptive and causal research designs. 294 youths were taken as a sample and to get them snowball and convenience-sampling techniques were used. To check the correlations that exist among variables person correlation was employed. Furthermore, multiple linear regression analyses with the help of a Statically Package for Social Science used to investigate the determinants of youth entrepreneurship. Pearson correlation analysis results revealed that predictors such as government support, family background, culture influence, entrepreneurial capability, access to finance and business experience have a positive significant relationship with youth entrepreneurship. The regression analysis result discloses that 64.1% of the variation in youth entrepreneurship can be explained by six independent variables in the model. The hypothesis testing result revealed that all six predictors are significant to predict the dependent variable. The study recommended that youth's families and the government bodies better to find out and provide fund for the youth to promote entrepreneurship and encourage the transition of youth from education to the private job market.