Development of Youth Entrepreneurship in the Russian Region

DOI

10.2991/aebmr.k.200509.021How to use a DOI?

Keywords

opportunities of the region’s economy, youth entrepreneurship, public production, self-employment, employment services assistance, unemployment structure

Abstract

The subject of the study is the development of youth entrepreneurship in the Russian region. The aim of the work is to determine the role of young people as labour resources in the system of public production. The study is based on a systematic approach using methods of descriptive statistics. The study has revealed the increasing role of youth entrepreneurship in the new reality of the world economic system, its exceptional position in the structure of unemployment and poverty among working people. The article shows that all countries are active in solving problems caused by structural changes in the world economic system. In low- and middle-income countries measures for stimulation of self-employment and entrepreneurship prevail, while in high-income countries measures for employment services and job search assistance predominate. The specific nature of the Russian economy causes a shift of the goal-oriented vector of development towards entrepreneurship, concentrating responsibility for the standard of living on the individual. The opportunities of the economy of the Russian region Chuvashia together with the legal acts regulating entrepreneurial activity and the strategy of socio-economic development, concentrate the development of youth entrepreneurship in the industrial export sectors, in a special form developing mediation within the import substitution policy. The results of the study reveal a variety of approaches to solving the problem of youth entrepreneurship development, using the opportunities of the region’s economy, forming new competencies pertaining to the state policy of reducing unemployment rate. Significant differences in the economies of Russian regions are an incentive for the development of youth entrepreneurship. A special determinant, being a part of the region’s foreign economic activity and set as a priority in the Federal law on strategic planning, acts as a reduced functional basis of the Chuvash economy.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - V.V. Smirnov
AU  - A.N. Zakharova
AU  - A.G. Abramova
AU  - G.S. Dulina
AU  - V.L. Semenov
PY  - 2020
DA  - 2020/05/12
TI  - Development of Youth Entrepreneurship in the Russian Region
BT  - Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020)
PB  - Atlantis Press
SP  - 108
EP  - 114
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200509.021
DO  - 10.2991/aebmr.k.200509.021
ID  - Smirnov2020
ER  -