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Abstract

From the behavioral perspective, this study analyzed the entrepreneurial readiness of youth in terms of opportunity identification, motivational factors, resources, and entrepreneurial ability. The study examined the effect of entrepreneurship training on young people's readiness to engage in entrepreneurial activity and the components behind successful startups. SEM was applied to a sample of 490 students from the Universiti Sains Islam Malaysia. The findings highlight the positive effect of opportunity identification, motivation, and resources on entrepreneurship and the central role of entrepreneurship training in all factors, including entrepreneurial ability. The role of entrepreneurship training implies that young individuals are able to develop their entrepreneurial ability. The study thus shows the individual's ability to change over the course of a lifetime. For individuals interested in the startup process, this study provides information capable of influencing their new business ventures. 

Executive Summary

Mutual fund is an investment vehicle managed professionally that is made up of a pool of funds collected from many investors for investing in securities such as stocks, bonds, money market instruments and similar assets. In this report, mutual fund sector of Bangladesh has been outlined. Issues like categories of mutual funds, basic regulatory framework and policies, performance, impediments of the sector are discussed. At the end, some suggestions are given for improving the performance of this sector in Bangladesh.

Executive Summary

Unemployment is one of the key challenges facing Bangladesh’s young people. Youth entrepreneurship is a potential solution to address this challenge and achieve positive impacts at scale. Entrepreneurship does not only provide young people with opportunities to achieve financial independence but enables them to create employment and support their peers and communities through their business practices.

United Nations Development Programme (UNDP) – under the Youth Co:Lab initiative co-led by UNDP and Citi Foundation - the Islamic Development Bank (IsDB) and Startup Bangladesh Limited have commissioned this first-of-its-kind study to strengthen the understanding of the current state of the ecosystem for youth entrepreneurship in Bangladesh and provide data-driven recommendations to develop the ecosystem over the coming years.

This study has estimated that there are 3.8 million young entrepreneurs in Bangladesh. Understanding the challenges and opportunities within the entrepreneurship ecosystem is vital for amplifying the potential of youth entrepreneruship and support these youth-led enterprises in growing and developing their businesses. The study produced a comprehensive assessment of challenges and opportunities within the six central domains of youth entrepreneurship ecosystem by incorporating youth and inclusion lenses in the analysis throughout.

Abstract

This paper presents a systematic review of (a) the impact of entrepreneurship on economic, social and environmental welfare and (b) the factors determining this impact. Research over the past 25 years shows that entrepreneurship is one cause of macroeconomic development, but that the relationship between entrepreneurship and welfare is very complex. The literature emphasizes that the generally positive impact of entrepreneurship depends on a variety of associated determinants which afect the degree of this impact. This paper seeks to contribute to the literature in three ways. First, it updates and extends existing literature reviews with the recently emerged research stream on developing countries, and incorporates studies analysing not only the impact of entrepreneurship on economic growth and welfare but also on social and environmental welfare. Second, it identifes and structures the current knowledge on the determinants of this impact. And third, it provides a roadmap for future research which targets the shortcomings of the existing empirical literature on this topic. The review of 102 publications reveals that the literature generally lacks research which (a) goes beyond the common measures of economic welfare, (b) examines the long-term impact of entrepreneurship and (c) focuses on emerging and developing countries. Regarding the determinants of the impact of entrepreneurship, the results highlight the need for empirical research which addresses both already investigated determinants which require more attention (e.g. survival, internationalisation, qualifcations) and those which are currently only suspected of shaping the impact of entrepreneurship (e.g. frm performance, the entrepreneur’s socio-cultural background and motivations).