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

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

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

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Abstract

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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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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Not applicable for this article.

How to Cite This Article

Md. Uddin, Mustafa Chowdhury, Md. Ullah. 2015. "Barriers and Incentives for Youth Entrepreneurship Start-Ups: Evidence from Bangladesh". Global Journal of Management and Business Research, Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 15 (GJMBR Volume 15 Issue A4).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
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GJMBR-A Classification JEL Code: L26
  • Submission ReceivedApril 15, 2015
  • Peer Review Double Blind
    Handling Editor
  • Accepted April 30, 2015
  • Published May 15, 2015
Version of record

v1.2

Issue date
May 9, 2015

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

Md. Uddin
Md. Uddin International Islamic University
Mustafa Chowdhury
Mustafa Chowdhury
Md. Ullah
Md. Ullah
  • Submission ReceivedApril 15, 2015
  • Peer Review Double Blind
    Handling Editor
  • Accepted April 30, 2015
  • Published May 15, 2015