Elements for Designing Stakeholders’ Programmes of Encouraging Young People to Engage in Entrepreneurship

Abstract

This paper proposes a way to help in solving the high levels of unemployment amongst the young (in Serbia) – by designing and realising stakeholders’ programmes which would allow inclusion of the young in the entrepreneurial world (through either self-employment or employment of others). The idea is to identify and recommend to stakeholders the competencies and motives that drive the nowadays young entrepreneurs – as models for enabling and motivating unemployed youth to engage into the entrepreneurial world. On the basis of facts obtained by research – which pinpoint the competencies - both practical and theoretical, on the basis of the motives of the young entrepreneurs in Serbia, as well as on the basis of their beliefs/attitudes about the same aspects of starting and undertaking entrepreneurial projects, some recommendations for stakeholders have been generated for designing a programme to encourage those young people to join the ranks of entrepreneurs. What remains is for the relevant authorities - in the legal and even family settings, i.e., all those who can recognise some self-interest, is to get started and dedicate themselves to the young and their entry into the world of entrepreneurship. The contribution of this paper is in the suggestions for the different types of stakeholders which would help them design programmes to bring the young generations into the entrepreneurial sphere. We also consider even the very fact of pointing out the different roles of the varied social subjects/stakeholders to be useful in bringing the younger generations into the world of entrepreneurship, as a form of care for the young generations.