Connection of youth entrepreneurial activity and value principles

Abstract

The greatest attention in economical policy of the European Union is paid to the youth work motivation and encouragement of their entrepreneurial activity. The research is supposed by the striving named in the priorities of the EU Youth strategy to create more possibilities and warranty equal possibilities for all young people in education area and labour market and encourage active public spirit, social coverage and solidarity of all youth during the period till the year 2018. The EU and its separate members as well as Lithuania created different economical and political instruments for implementation of this striving. A success of their use, however, depends on wishes, goals, activity and motivation of every young person. Topicality of studies of youth value principles, entrepreneurship activity is called by youth unemployment, lack of activity, international migration. The research aim is after having identified value principles of youth to define their significance for entrepreneurial activity. During the research there was identified the connection between attitude towards entrepreneurial characteristics and value principles and named peculiarities of determining factors on youth entrepreneurial activity. Structural analysis of respondents’ attitude towards priorities of value principles revealed that personal satisfaction in entrepreneurial activity for young people is more important than public acknowledgement.

DOI: http://dx.doi.org/10.5755/j01.ppaa.12.3.5295