Youth Entrepreneurship and Economic Empowerment in Developing Regions

Abstract

Young entrepreneurship has become an important focus of economic empowerment, innovation and sustainable growth in developing regions. As the global markets, digital technology, and socio-economic systems rapidly evolve, young entrepreneurs are now in a good position to transform their communities and inclusive economic development. The paper will examine, how youth entrepreneurship in developing nations can help to create job opportunities, curb poverty and improve social mobility. It examines the socio-political, cultural, and institutional drivers of youth entrepreneurial venture as well as pointing to policy frameworks that facilitate entrepreneurial ecosystems. The conclusions indicate that given the right environment through education, access to finance, and change in the policy, youth-led businesses can be used to create potent instruments of sustainable economic and empowering forces in the long run