Support and impediments factors to youth entrepreneurship development in the Republic of Moldova

Abstract

The aim of this paper is to examine the perception of youth about support and impediments factors to entrepreneurship development in the Republic of Moldova and to define some solutions to improve it. The research has been conducted by using an analysis of academic literature, survey examination about business environment perception by youth, analysis and synthesis of survey data, deduction from general vision to some specifics for youth entrepreneurship. The main finding of research is that youth entrepreneurship is important by creating future perspectives for national economies and by defining main support and impediments factors to their development. Based on the survey data there has been established the perception of youth about entrepreneurship development in the Republic of Moldova. The challenges and opportunities for youth entrepreneurship development have been described as well as some solutions have been identified. The defined proposals could be used both for entrepreneurial policy development by governmental institutions and entrepreneurial training by different educational institutions, specifically for youth entrepreneurship. The value of research consists in defining the main factors of support and constraint, to provide ideas about how to develop youth entrepreneurship in the Republic of Moldova.