Skills and youth entrepreneurship in Africa: Analysis with evidence from Swaziland
Zuzana Brixiová (),
Mthuli Ncube () and
Zorobabel Bicaba ()
No wp1077, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan
The shortages of entrepreneurial skills have lowered search effectiveness of potential young entrepreneurs and the rate of youth start-ups. Our paper contributes to closing a gap in the entrepreneurship and development literature with a model of costly firm creation and skill differences between young and adult entrepreneurs. The model shows that for young entrepreneurs facing high costs of searching for business opportunities, support for training is more effective in stimulating productive start-ups than subsidies. The case for interventions targeted at youth rises in societies with high costs of youth unemployment. We test the role of skills and training for productive youth entrepreneurship on data from a recent survey of entrepreneurs in Swaziland.
Keywords: youth entrepreneurship; model of skills and structural transformation; policies; Africa (search for similar items in EconPapers)
JEL-codes: J11 J08 L26 O11 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-afr and nep-ent
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Journal Article: Skills and Youth Entrepreneurship in Africa: Analysis with Evidence from Swaziland (2015)
Working Paper: Skills and Youth Entrepreneurship in Africa: Analysis with Evidence from Swaziland (2014)
Working Paper: Skills and youth entrepreneurship in Africa: Analysis with evidence from Swaziland (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:wdi:papers:2014-1077
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