The specific of the development of Youth Entrepreneurship in Republic of Moldova

Abstract

Purpose. The aim of this paper is it to define the specifics of the development of Youth Entrepreneurship in the R. of Moldova and to find some solutions for it. Methodology. The research was conducted by using an analysis of academic literature, analysis of statistical data and examination of survey about perception of business environment by young people. Findings. The main finding or research is that Youth Entrepreneurship is important by creating long-term development perspectives for national economies, as result of a stronger drive for innovation, the better use of new IT technology. Research Implications. Based on the research results, it was established the specific changes in the development of entrepreneurship in the R. of Moldova and particularly for Youth Entrepreneurship. It was described challenges and limitations for development of Youth Entrepreneurship and underlined some solutions. Practical Implications. The defined concepts and ideas could be used for entrepreneurial training, for governmental institutions could be used some recommendations for development of entrepreneurship and more specific Youth Entrepreneurship. Originality/Value. The value of research is to provide insights about development of Youth Entrepreneurship in the R. of Moldova which are important in order to define some solutions for governmental institutions.