Barriers and Incentives for Youth Entrepreneurship Start-Ups: Evidence from Bangladesh

1
Md. Mahi Uddin
Md. Mahi Uddin
2
Mustafa Manir Chowdhury
Mustafa Manir Chowdhury
3
Md. Maruf Ullah
Md. Maruf Ullah
1 International Islamic University

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Reducing unemployment of youth has become one of the most difficult challenges for Bangladesh where youths constitute one third of total population. This study examined a range of key constraints that impede young people in Chittagong, Bangladesh, from starting and running a business and at the same time the study identified incentives, initiatives and measures that may improve young entrepreneurship. For a qualitative intervention, 44 complete questionnaires were analyzed who were selected from Chittagong, the second largest in Bangladesh, following a convenience and purposive sampling technique. Results reported that most cited start-up challenge is neglecting knowledge-based innovation, being their own boss is the main motivation to engage in business, parents and family mainly influenced young people to start business while financial risk is the most pressing de-motivator to start-up business.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

Md. Mahi Uddin. 2015. \u201cBarriers and Incentives for Youth Entrepreneurship Start-Ups: Evidence from Bangladesh\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 15 (GJMBR Volume 15 Issue A4): .

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GJMBR Volume 15 Issue A4
Pg. 39- 49
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-A Classification: JEL Code: L26
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May 9, 2015

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Reducing unemployment of youth has become one of the most difficult challenges for Bangladesh where youths constitute one third of total population. This study examined a range of key constraints that impede young people in Chittagong, Bangladesh, from starting and running a business and at the same time the study identified incentives, initiatives and measures that may improve young entrepreneurship. For a qualitative intervention, 44 complete questionnaires were analyzed who were selected from Chittagong, the second largest in Bangladesh, following a convenience and purposive sampling technique. Results reported that most cited start-up challenge is neglecting knowledge-based innovation, being their own boss is the main motivation to engage in business, parents and family mainly influenced young people to start business while financial risk is the most pressing de-motivator to start-up business.

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Barriers and Incentives for Youth Entrepreneurship Start-Ups: Evidence from Bangladesh

Md. Mahi Uddin
Md. Mahi Uddin International Islamic University
Mustafa Manir Chowdhury
Mustafa Manir Chowdhury
Md. Maruf Ullah
Md. Maruf Ullah

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