NEETs’ Perception on Financing an Entrepreneurial Endeavour

Young people aged between 15 and 29, who are not in education or employment, known as NEETs, are a concern within the framework of European Union policies. To support them, projects are being implemented to develop skills in various fields and to provide financial support to those who want to set...

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Main Authors: Silvia Ghita-Mitrescu, Ionut Antohi
Format: Article
Language:English
Published: Ovidius University Press 2023-08-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%205/9.pdf
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author Silvia Ghita-Mitrescu
Ionut Antohi
author_facet Silvia Ghita-Mitrescu
Ionut Antohi
author_sort Silvia Ghita-Mitrescu
collection DOAJ
description Young people aged between 15 and 29, who are not in education or employment, known as NEETs, are a concern within the framework of European Union policies. To support them, projects are being implemented to develop skills in various fields and to provide financial support to those who want to set up businesses. The objective of the research we carried out was to identify how NEETs relate to the issue of financing an entrepreneurial endeavor. For this purpose, we applied a questionnaire to a group of NEETs from the Constanta region, who expressed interest in starting a business. After processing the obtained data, we concluded that there is an inclination of these young people for non-reimbursable financing of their entrepreneurial initiatives, associated with an estimation of the risks related to each source, but also that there are several factors that influence the preferences for certain sources of funding.
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spelling doaj.art-d3cd13b5af904444a14ba1d4986473292023-08-25T08:31:13ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272023-08-01XXIII1923931NEETs’ Perception on Financing an Entrepreneurial Endeavour Silvia Ghita-Mitrescu0Ionut Antohi 1“Ovidius” University of Constanta, Faculty of Economic Sciences, Romania“Ovidius” University of Constanta, Faculty of Economic Sciences, RomaniaYoung people aged between 15 and 29, who are not in education or employment, known as NEETs, are a concern within the framework of European Union policies. To support them, projects are being implemented to develop skills in various fields and to provide financial support to those who want to set up businesses. The objective of the research we carried out was to identify how NEETs relate to the issue of financing an entrepreneurial endeavor. For this purpose, we applied a questionnaire to a group of NEETs from the Constanta region, who expressed interest in starting a business. After processing the obtained data, we concluded that there is an inclination of these young people for non-reimbursable financing of their entrepreneurial initiatives, associated with an estimation of the risks related to each source, but also that there are several factors that influence the preferences for certain sources of funding. https://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%205/9.pdfneetsentrepreneurshipfinancing sourcesnon-reimbursable fundsentrepreneurial knowledge
spellingShingle Silvia Ghita-Mitrescu
Ionut Antohi
NEETs’ Perception on Financing an Entrepreneurial Endeavour
Ovidius University Annals: Economic Sciences Series
neets
entrepreneurship
financing sources
non-reimbursable funds
entrepreneurial knowledge
title NEETs’ Perception on Financing an Entrepreneurial Endeavour
title_full NEETs’ Perception on Financing an Entrepreneurial Endeavour
title_fullStr NEETs’ Perception on Financing an Entrepreneurial Endeavour
title_full_unstemmed NEETs’ Perception on Financing an Entrepreneurial Endeavour
title_short NEETs’ Perception on Financing an Entrepreneurial Endeavour
title_sort neets perception on financing an entrepreneurial endeavour
topic neets
entrepreneurship
financing sources
non-reimbursable funds
entrepreneurial knowledge
url https://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%205/9.pdf
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