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The Youth and Social Entrepreneurship

The Youth and Social Entrepreneurship
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Author(s): Vannie Naidoo (University of KwaZulu-Natal, South Africa)
Copyright: 2017
Pages: 9
Source title: Entrepreneurship: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-1923-2.ch081

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Abstract

In today's world where the global economy is shrinking and the people of the world are constantly being plaque by recession, natural disasters, poverty and war the youth have to grapple with all these stressful influences. Due to the recession the job markets have become saturated as recession has hit the global economies throughout the world. The youth now are tasked with becoming involved in entrepreneurial activities to survive in these complex world economies. However entrepreneurship is not an easy endeavour. It is not for the faint hearted either. Entrepreneurism involves drive, perseverance, emotional intelligence and risk taking. A way forward for young people is social entrepreneurship as it offers them very viable opportunities within the backdrop of such a volatile economy.

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