Analyzing The Impact Of Youth Entrepreneurial Perspective On Sustainable Socio-Economic Growth Of Karachi
Keywords:
Youth, Entrepreneurship, Self-Employment, Entrepreneurship IntentionAbstract
With a population of 215.25 million, Pakistan has been ranked six in the most populated countries, with a median age of 22.7 years. Thus, in 2021 Pakistan has the largest percentage of young people ever recorded in its history.27% of youth are fall between the 15-29 age group. For the sustainable socio-economic growth of Karachi, considering the global challenges of climate changes and technological disruptions, youth unemployment issues need to be resolved by evaluating youth (both male and female) perspectives and intentions regarding entrepreneurship and genders perspective and approaches for sustainable socio-economic development. Focused entrepreneurial skill acquisition through education and training and favourable conditions for new start-ups will help youth gain financial independence and gender equality to utilize their potential. The perspectives and data gained from this survey in 2016represent the views of Karachi’s youth, with questions going beyond entrepreneurship into views on economic conditions, Civic issues, and political affairs. Youth, a significant and defining part of society, need to be employed and involved in the city’s socio-economic development. Results show that 90% of the youth cohort, including male and female undergraduate and graduate students, envision entrepreneurship as their career path.
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