The Young Entrepreneurs of Europe and the Role of International Mobility
The Single European Market and the warranty of freedom of movement of goods and people within the European Union has made an impact in the share of European youth travelling internationally. This phenomenon has brought countless advantages including increased economic performance on the labor mar...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Academy of Economic Studies of Bucharest
2019-11-01
|
| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | https://www.amfiteatrueconomic.ro/temp/Article_2854.pdf |
| Summary: | The Single European Market and the warranty of freedom of movement of goods and
people within the European Union has made an impact in the share of European youth
travelling internationally. This phenomenon has brought countless advantages including
increased economic performance on the labor market, development of entrepreneurial
actions and even personal growth.
This paper estimates the impact of international mobility in Europe on youth
entrepreneurship, after the individual’s returning in the country of origin. The data source
for this study is a European survey launched within the Horizon 2020 project MOVE
"Mapping mobility – pathways, institutions and structural effects of youth mobility in
Europe". Using Prosperity Score Matching on a generous sample providing data on both
mobile and non-mobile respondents, we prove that people have double chances of
becoming entrepreneurs if they had an intra-European mobility experience. Even though
mobility has been shown to have statistically significant benefits, it only affected the
entrepreneurship of European youth in a conservative way explained by the factors that
encourage the youth to travel abroad |
|---|---|
| ISSN: | 1582-9146 2247-9104 |