Entrepreneurship, Human Capacity Development and Youth Employment Generation: A Study of Selected Sub-Saharan Africa Countries

Feyisayo Oyolola and Adewumi Otonne

MPRA Paper from University Library of Munich, Germany

Abstract: This study examined entrepreneurship, human capacity development and youth employment generation in 20 selected sub-Saharan African countries from 2005 to 2017. We employed the fixed effect Panel estimator on the secondary annual data sourced for the study. Findings from the study show that entrepreneurial activities and infrastructural development are important determinants of youth employment generation in the selected countries. The implication of these findings is that entrepreneurial activities and infrastructural development should be of concern to policy makers, and well meaning private individuals as they are observed to be significant determinant of youth employment. More importantly, individual are required to posses refined skills to match the quality of infrastructural facilities in the work place. Therefore, as a matter of policy implication these African Countries should ensure that the conclusion of this study is considered and implemented, and make considerable effort to reduce the large informal sector by putting in place laws and rules that will ensure that the activities of the self-employed people are recognized and accounted for on a large scale.

Keywords: Human Capacity Development; Entrepreneurship and Youth Employment Generation (search for similar items in EconPapers)
JEL-codes: J0 (search for similar items in EconPapers)
Date: 2020-03-18
New Economics Papers: this item is included in nep-afr, nep-cse and nep-ent
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:101737

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