Investigating Entrepreneurship Among Algerian Youth: Is It A Knowledge-Intensive Factory?
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Investigating Entrepreneurship Among Algerian Youth: Is It A Knowledge-Intensive Factory? Kamilia Izzrech & Manlio Del Giudice & Maria Rosaria Della Peruta
Received: 6 May 2013 / Accepted: 31 May 2013 # Springer Science+Business Media New York 2013
Abstract It is widely recognized that, in the twenty-first century, the entrepreneur should be knowledgeable and skillful in order to contribute to the economic development through the entrepreneurial activity, especially in a knowledge-based economy. In this millennium, worldwide, many young individuals tend to create their own job. It is the case for Algerian youth, too, particularly students and graduates, because they are the ones whom the university prepares for future life and soon will start working. There are many support programs, such as the Agence Nationale de Soutien à l’Emploi de Jeune (Agency for Supporting Youth Employment), that help them to create entrepreneurial projects by giving them financial and technical support in the early stages of enterprise creation. This paper aims to investigate in both theoretical framework and empirical analysis if entrepreneurial projects undertaken by Algerian youth are knowledge-based ones. To this aim, a sample of students and graduates that recently started entrepreneurial projects has been questioned. Keywords Knowledge entrepreneur . Algerian youth . ANSEJ . Twenty-first century skills
Introduction Nowadays, knowledge is a crucial factor for several aspects of the economic development (Nicotra et al. 2012). According to Audretch and Thurik (2001), we live K. Izzrech Department of Economics, University of Biskra, Biskra, Algeria e-mail: [email protected] M. Del Giudice Department of Economics, Second University of Naples, Naples, Italy e-mail: [email protected] M. R. Della Peruta (*) Department of Economics, Second University of Naples, Naples, Italy e-mail: [email protected]
J Knowl Econ
today in an entrepreneurial economic model. For the authors, this model constitutes the economic, social, and political answer for an economy based on knowledge and entrepreneurial capital which represent the capacity to be engaged for an entrepreneurial activity or generating it. Many young people tend to undertake their own enterprises due to layoffs by large organizations and shrinking of job opportunities for graduates. Consequently, entrepreneurship is a vehicle for economic and social development; it affects our lives through innovation and represents the working future for many people. Entrepreneurship is closely linked to the culture of any society. Therefore, the educational system certainly is concerned; the university as a part of it plays a crucial role in the creation and diffusion of entrepreneurial culture. Most of the governments insist as well on increasing the students’ awareness about entrepreneurship in order to stimulate value creation, thus contributing in economic development. For this reason, students should integrate the economic dimension in their professional step
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