E ISSN: 2583-049X
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International Journal of Advanced Multidisciplinary Research and Studies

Volume 4, Issue 1, 2024

Start-up for Youth



Author(s): Pham Ngoc Yen, Nguyen Van Hau

Abstract:

In recent years, the startup movement across the country has spread and developed strongly. From the direction of the central, local, and all levels and branches, especially the ministries, the union and the association have promoted their core roles in creating a favorable environment and promoting and supporting young people in the process of start-up and innovation. Nafukho and Helen Muyia (2010) [13] affirm that start-ups are vital to creating and perfecting a healthy economy. Start-up is the act of an individual accepting risks to create a new business and becoming self-employed with the aim of getting rich, or start-up is the act of starting to create a new business by investing business capital. Opening a business store is also considered a start-up (Driesen et al., 2006) [5]. The aim of this study is to present start-ups to young people in Vietnam. The study uses qualitative research methods with synthesis and comparison techniques to analyze and discuss start-ups for young people. Besides the results achieved, start-ups for young people in Vietnam still have some limitations. Based on the research results, the author proposes a number of implications for promoting start-up activities for young people, thereby contributing to solving jobs and developing the economy in the context of the 4.0 industrial revolution.


Keywords: Start-Up, Employment, Business Performance, Human Resources, Economics

Pages: 503-506

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