Youth Entrepreneurship in Asia and the Pacific 2019

Ulrike Guelich, Niels Bosma and the Global Entrepreneurship Research Association (GERA)(2019)

The Asia-Pacific region includes some of the wealthiest as well as some of the least developed countries in the world. Despite its wealth, there are growing disparities that have implications for achieving the United Nations 2030 Agenda for Sustainable Development, including efforts to promote social cohesion and the overarching pledge to “leave no one behind” (UNDP, 2017). This is especially important as the region hosts the largest generation of youth in history, who carry the burden of sustaining, if not improving, the socio-economic growth that the region has experienced in the past few decades. The rise of globalization and digitalization, paired with the societal challenges of our time, builds the case for supporting the development of entrepreneurial skills. This is because entrepreneurship can generate employment, as well as help prepare individuals for a challenging and everchanging job market. With its focus on youth entrepreneurs aged between 18 and 34, this joint Global Entrepreneurship Monitor (GEM) and Youth Co:Lab report provides a snapshot of current youth entrepreneurship and entrepreneurial ecosystems in 10 economies in the Asia-Pacific region. Particular attention has been paid to entrepreneurial ventures aimed at social and environmental goals.

For more information, please read at (English): Youth Entrepreneurship in Asia and the Pacific 2019