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The Young Entrepreneurs of Europe and the Role of International Mobility

Author

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  • Monica Roman

    (Bucharest University of Economic Studies, Bucharest, Romania, IZA Bonn, Germany and CELSI Bratislava, Slovakia)

  • Dorel Mihai Paraschiv

    (Bucharest University of Economic Studies)

Abstract

The Single European Market and the warranty of freedom of movement of goods and people within the European Union has made an impact in the share of European youth travelling internationally. This phenomenon has brought countless advantages including increased economic performance on the labor market, development of entrepreneurial actions and even personal growth. This paper estimates the impact of international mobility in Europe on youth entrepreneurship, after the individual’s returning in the country of origin. The data source for this study is a European survey launched within the Horizon 2020 project MOVE Mapping mobility – pathways, institutions and structural effects of youth mobility in Europe. Using Prosperity Score Matching on a generous sample providing data on both mobile and non-mobile respondents, we prove that people have double chances of becoming entrepreneurs if they had an intra-European mobility experience. Even though mobility has been shown to have statistically significant benefits, it only affected the entrepreneurship of European youth in a conservative way explained by the factors that encourage the youth to travel abroad.

Suggested Citation

  • Monica Roman & Dorel Mihai Paraschiv, 2019. "The Young Entrepreneurs of Europe and the Role of International Mobility," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(S13), pages 763-763, November.
    • Handle: RePEc:aes:amfeco:v:21:y:2019:i:s13:p:763
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    Cited by:

    1. Mihaela MATEI & Mihaela IORDACHE, 2020. "Increasing Entrepreneurship In Romania Through European Structural Funds And Emigration," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(1), pages 561-571, November.
    2. Aleksandar Vekic & Vladimir Djakovic & Jelena Borocki & Wlodzimierz Sroka & Jozsef Popp & Judit Olah, 2020. "The Importance of Academic New Ventures for Sustainable Regional Development," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(54), pages 533-533, April.
    3. Cimpoeru Smaranda, 2020. "What Triggers Poverty of Young Nationals and Young Migrants? A Comparative Macroeconomic Approach," Journal of Social and Economic Statistics, Sciendo, vol. 9(2), pages 13-29, December.

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    More about this item

    Keywords

    Youth intra-European Mobility; Young Entrepreneurs; Propensity Score Matching; Europe;
    All these keywords.

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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