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Effective ways to manage employment through the development of youth entrepreneurship

  • F. D. Salkynbayeva
  • , G. Zh. Tayauova
  • , D. Chowdhury

Research output: Contribution to journalArticlepeer-review

Abstract

Youth entrepreneurship is a promising sector and an important part of modern business activities. Its relevance is driven by several factors, including increasing the role of young people in the labor market, introducing new approaches and digital technologies, and addressing socio-economic issues in society. Firstly, the importance of youth entrepreneurship lies in job creation. Secondly, young people’s ability to implement innovative solutions, including digital technologies, helps them achieve success in entrepreneurship. International examples show that government support consistently creates opportunities for talented, ambitious youth with innovative business ideas to start their ventures. Managing employment through the development of youth entrepreneurship is a key factor contributing to economic and social development. Moreover, youth entrepreneurship is considered separately for students and for graduates who have struggled to find jobs in their fields. Internships are also analyzed based on social classes, with a focus on the role and impact of volunteer programs on future employment. In addition to bringing fresh, innovative ideas, young people help reduce unemployment and ensure economic stability through their entrepreneurial activities. One of the main tools for fostering youth entrepreneurship is systematic government support. This includes providing benefits, grants, and subsidies to young entrepreneurs, offering tax incentives, and organizing specialized training programs. The goal of this research is to study the key priorities for achieving effective youth employment. The development of youth entrepreneurship is identified as a vital strategy for increasing youth employment, particularly in Kazakhstan. Graphical data representation is used as a statistical analysis tool.
Original languageEnglish
Pages (from-to)304-314
JournalBulletin of "Turan" University
Issue number1
DOIs
Publication statusPublished - 25 Mar 2025
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • Business
  • Kazakhstan
  • Youth employment
  • Youth entrepreneurship

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