IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/99156.html
   My bibliography  Save this paper

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

Author

Listed:
  • Oyolola, Feyisayo
  • Otonne, Adewumi

Abstract

This study examined entrepreneurship, capacity development and youth employment generation in 20 selected sub-Saharan African countries from 2005 to 2017. The study employed the fixed effect Panel estimator on the secondary annual data sourced for the study. Findings from the study can be considered in two categories. One, findings show that human capital development and institutional quality positively but insignificantly affect youth employment generation in the selected countries while macroeconomic instability is intuitively observed to exert a positively insignificant influence on youth employment generation. Two, findings also 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 the government and policy makers as they are observed to be significant determinant of youth employment generation. Therefore, as a matter of policy implication/recommendation the government of these African Countries should ensure that the conclusion of this study is considered and implemented, increase expenditure on health and education in order to speed up human capital development, and make considerable effort to reduce the large informal sector by putting in place laws and rule that will ensure that the activities of the self-employed people are recognized and accounted for on a large scale.

Suggested Citation

  • Oyolola, Feyisayo & Otonne, Adewumi, 2020. "Entrepreneurship, Capacity Development and Youth Employment Generation: A Study of Selected Sub-Saharan Africa Countries," MPRA Paper 99156, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:99156
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/99156/1/MPRA_paper_99156.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gries, Thomas & Naudé, Wim, 2011. "Entrepreneurship and human development: A capability approach," Journal of Public Economics, Elsevier, vol. 95(3), pages 216-224.
    2. World Bank, 2008. "World Development Report 2007 Development and the Next Generation," Working Papers id:1755, eSocialSciences.
    3. Unger, Jens M. & Rauch, Andreas & Frese, Michael & Rosenbusch, Nina, 2011. "Human capital and entrepreneurial success: A meta-analytical review," Journal of Business Venturing, Elsevier, vol. 26(3), pages 341-358, May.
    4. Yusuf, Sulaimon Aremu, 2014. "Informal Sector and Employment Generation in Nigeria," MPRA Paper 55538, University Library of Munich, Germany.
    5. Tinuke. M. Fapohunda, 2013. "Reducing Unemployment through the Informal Sector in Nigeria," International Journal of Management Sciences, Research Academy of Social Sciences, vol. 1(7), pages 232-244.
    6. Sen, Amartya, 1999. "Commodities and Capabilities," OUP Catalogue, Oxford University Press, number 9780195650389.
    7. Anonymous, 2014. "Introduction to the Issue," Journal of Wine Economics, Cambridge University Press, vol. 9(2), pages 109-110, August.
    8. Daron Acemoglu & Francisco A. Gallego & James A. Robinson, 2014. "Institutions, Human Capital, and Development ," Annual Review of Economics, Annual Reviews, vol. 6(1), pages 875-912, August.
    9. Oecd, 2009. "Employment and Social Protection," OECD Journal on Development, OECD Publishing, vol. 9(4), pages 7-54.
    10. Hanson, Gordon H., 1996. "Agglomeration, Dispersion, and the Pioneer Firm," Journal of Urban Economics, Elsevier, vol. 39(3), pages 255-281, May.
    11. Anonymous, 2014. "Introduction to the Issue," Journal of Wine Economics, Cambridge University Press, vol. 9(1), pages 1-2, May.
    12. Paul Anand & Graham Hunter & Ian Carter & Keith Dowding & Francesco Guala & Martin Van Hees, 2009. "The Development of Capability Indicators," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 10(1), pages 125-152.
    13. Simon C. Parker & Martin T. Robson, 2004. "Explaining International Variations in Self-Employment: Evidence from a Panel of OECD Countries," Southern Economic Journal, John Wiley & Sons, vol. 71(2), pages 287-301, October.
    14. Mohammed SHUAIBU & Popoola Oladayo TIMOTHY, 2016. "Human Capital Development Dynamics in Africa: Evidence from Panel Cointegration and Causality in 33 Countries, 2000-2013," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 16(1).
    15. Iversen, Jens & Jørgensen, Rasmus & Malchow-Møller, Nikolaj, 2007. "Defining and Measuring Entrepreneurship," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 4(1), pages 1-63, September.
    16. Calves, Anne-Emmanuele & Schoumaker, Bruno, 2004. "Deteriorating Economic Context and Changing Patterns of Youth Employment in Urban Burkina Faso: 1980-2000," World Development, Elsevier, vol. 32(8), pages 1341-1354, August.
    17. Martin, Bruce C. & McNally, Jeffrey J. & Kay, Michael J., 2013. "Examining the formation of human capital in entrepreneurship: A meta-analysis of entrepreneurship education outcomes," Journal of Business Venturing, Elsevier, vol. 28(2), pages 211-224.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Oyolola, Feyisayo & Otonne, Adewumi, 2020. "Entrepreneurship, Human Capacity Development and Youth Employment Generation: A Study of Selected Sub-Saharan Africa Countries," MPRA Paper 101737, University Library of Munich, Germany.
    2. Trani, Jean-Francois & Moodley, Jacqueline & Anand, Paul & Graham, Lauren & Thu Maw, May Thu, 2020. "Stigma of persons with disabilities in South Africa: Uncovering pathways from discrimination to depression and low self-esteem," Social Science & Medicine, Elsevier, vol. 265(C).
    3. CHEN, Helen S.Y., 2020. "Designing Sustainable Humanitarian Supply Chains," OSF Preprints m82ar, Center for Open Science.
    4. Eunae Yoo & Elliot Rabinovich & Bin Gu, 2020. "The Growth of Follower Networks on Social Media Platforms for Humanitarian Operations," Production and Operations Management, Production and Operations Management Society, vol. 29(12), pages 2696-2715, December.
    5. Ya Sun & Gongyuan Wang & Haiying Feng, 2021. "Linguistic Studies on Social Media: A Bibliometric Analysis," SAGE Open, , vol. 11(3), pages 21582440211, September.
    6. Winskell, Kate & Sabben, Gaëlle, 2016. "Sexual stigma and symbolic violence experienced, enacted, and counteracted in young Africans’ writing about same-sex attraction," Social Science & Medicine, Elsevier, vol. 161(C), pages 143-150.
    7. Shisong Jiang, 2021. "“When Paradigms Are Out of Place”: Embracing Eclecticism in Legal Scholarship by Academic Turns," Laws, MDPI, vol. 10(4), pages 1-16, October.
    8. Houshmand Masoumi, 2021. "Residential Location Choice in Istanbul, Tehran, and Cairo: The Importance of Commuting to Work," Sustainability, MDPI, vol. 13(10), pages 1-18, May.
    9. Tanja Lepistö & Tiina Mäkitalo-Keinonen & Tiina Valjakka, 0. "Opportunity recognition in a hub-governed network – insights from garage services," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-24.
    10. Holbig, Heike, 2015. "The Plasticity of Regions: A Social Sciences–Cultural Studies Dialogue on Asia-Related Area Studies," GIGA Working Papers 267, GIGA German Institute of Global and Area Studies.
    11. Wagner, Sebastian & Brandt, Tobias & Neumann, Dirk, 2016. "In free float: Developing Business Analytics support for carsharing providers," Omega, Elsevier, vol. 59(PA), pages 4-14.
    12. Peterson K. Ozili, 2020. "Does competence of central bank governors influence financial stability?," Future Business Journal, Springer, vol. 6(1), pages 1-20, December.
    13. Andrea Pieroni & Roman Hovsepyan & Ajmal K. Manduzai & Renata Sõukand, 2021. "Wild food plants traditionally gathered in central Armenia: archaic ingredients or future sustainable foods?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(2), pages 2358-2381, February.
    14. Willems, Kim & Smolders, Annelien & Brengman, Malaika & Luyten, Kris & Schöning, Johannes, 2017. "The path-to-purchase is paved with digital opportunities: An inventory of shopper-oriented retail technologies," Technological Forecasting and Social Change, Elsevier, vol. 124(C), pages 228-242.
    15. Jean, Ruey Jer “Bryan” & Kim, Daekwan & Bello, Daniel C., 2017. "Relationship-based product innovations: Evidence from the global supply chain," Journal of Business Research, Elsevier, vol. 80(C), pages 127-140.
    16. Kassens-Noor, Eva & Cai, Meng & Kotval-Karamchandani, Zeenat & Decaminada, Travis, 2021. "Autonomous vehicles and mobility for people with special needs," Transportation Research Part A: Policy and Practice, Elsevier, vol. 150(C), pages 385-397.
    17. Simeone, Luca & Secundo, Giustina & Schiuma, Giovanni, 2017. "Adopting a design approach to translate needs and interests of stakeholders in academic entrepreneurship: The MIT Senseable City Lab case," Technovation, Elsevier, vol. 64, pages 58-67.
    18. Diana Tsoy & Danijela Godinic & Qingyan Tong & Bojan Obrenovic & Akmal Khudaykulov & Konstantin Kurpayanidi, 2022. "Impact of Social Media, Extended Parallel Process Model (EPPM) on the Intention to Stay at Home during the COVID-19 Pandemic," Sustainability, MDPI, vol. 14(12), pages 1-32, June.
    19. Piotr Żuk & Paweł Żuk, 2018. "Offshoring, labour migration and neo-liberalisation: nationalist responses and alternatives in Eastern Europe," The Economic and Labour Relations Review, , vol. 29(1), pages 97-117, March.
    20. Knudsen, Eirik Sjåholm, 2019. "Bad weather ahead: Pre-recession characteristics and the severity of recession impact," Journal of Business Research, Elsevier, vol. 104(C), pages 118-130.

    More about this item

    Keywords

    Capacity Development; Entrepreneurship and Youth Employment Generatiom;

    JEL classification:

    • J0 - Labor and Demographic Economics - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:99156. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.