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Entrepreneurial motivation, psychological capital and youth business success

Author(s): 
Akilimali Ndatabaye Ephrem
Ishara Kachiko Charmant
Mulindangabo Neema Lydie
Paul Martin Dontsop Nguezet
Alex Bignotti
Theme: 
Youth jobs, skills and entrepreneurship

Context & objectives → The importance of entrepreneurship is well established as one of the solutions to the youth unemployment. Since governments are no longer able to provide jobs to all young people leaving the educational system, it becomes important to conduct a study on the success of youth who have created their own job. The statistics for the European Union countries show that it is difficult to start a business and more difficult to grow and sustain it (half of businesses do not survive the first five years after creation). These statistics could be more catastrophic for the case of the Democratic Republic of the Congo (DRC). In Bukavu, where the unemployment rate is higher and youth business creation is lower, youth cannot be expected to embrace entrepreneurship unless a few who previously did so are successful. However, it is still unknown whether youth entrepreneurs from Bukavu are successful and what drives the success of some and the failure of others. This sets the motivation for this study whose objectives were to evaluate the level of success and psychological capital of young entrepreneurs as well as the type of entrepreneurial motivation prevailing among them (1), to examine whether the level of entrepreneurial success differs from necessity to opportunity motivated youth and if so, to determine which category is most successful (2), to examine the effect of psychological capital on entrepreneurial success (3), to determine the effect of entrepreneurial motivation on psychological capital ( 4) and to examine the mediating role of psychological capital in the relationship between entrepreneurial motivation and entrepreneurial success (5).