Activation of youth entrepreneurship in Ukraine: Youth’s view of the problem

Abstract

Purpose. The purpose of this research work is to identify the reasons for youth entrepreneurship’s low level and the factors which suppress the development of entrepreneurial activities of young people, as well as to substantiate recommendations for activation of youth potential in Ukraine.

Methodology. The authors use the empirical method of quantitative research, namely an online survey; the methods of generalization and systematization, grouping, comparative analysis, statistical analysis and results interpretation were used for processing and analyzing the data of the empirical method. The form developed for the survey of young people (aged 13-35) includes 7 sets of questions which characterize the respondents’ profile, as well as groups of factors which influence the implementation of entrepreneurial activities and recommendations of respondents for improving the situation.

Findings. Conclusions about Ukrainian youth who are open to innovations and have a desire to realize their creative potential in business were made in the process of the research. Young people see the main problems of youth entrepreneurship development in
lack of state support, administrative pressure, financing difficulties, insufficient education and lack of experience.