THE ROLE AND SIGNIFICANCE OF STARTUPS IN FORMING YOUTH ENTREPRENEURIAL SKILLS
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Abstract
In today's rapidly evolving global economy, fostering entrepreneurial skills among youth is crucial for sustainable development and innovation. Startups play a pivotal role in this process by providing dynamic environments where young individuals can develop practical business acumen, critical thinking, problem-solving abilities, and leadership qualities. This article explores the role of startups in shaping youth entrepreneurship, examining how participation in startup ecosystems enhances skill development, boosts creativity, and encourages risk-taking. Furthermore, the paper analyzes the impact of educational institutions, incubators, and government policies in supporting youth-led startups. Through a review of current trends and case studies, the article highlights the significance of empowering young entrepreneurs to drive economic growth and social change.
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