Graduate unemployment in Ethiopia Photo credit: https://www.linkedin.com/pulse/life-post-graduation-testimonies-lebanons-fresh-stephanie-bechara/
Limited job opportunities 42% of university graduates are unemployed after graduating ( University World News, 2022 ) . -The labor market of Ethiopia can not hold a high number of graduates. University World News (2022)
Entrepreneurship
Small and medium enterprises (SMEs) Small and medium enterprises (SMEs), which are small-scale businesses, are important to increase the number of jobs.
SMEs ( Akiri & Kunanznag , 2016)
( Akiri & Kunanznag , 2016)
How can we encourage graduates to be involved in SMEs?
provide supportive infrastructure such as: - working spaces, - mentorship programs, and - financial assistance for startups.
Favorable government policies - making procedures easier to register new businesses, offering tax benefits, and providing funding opportunities can increase entrepreneurship. - Anulika (2021), in her study in Nigeria, showed that a strong association exists between government policies and the survival of business startups.
Key Takeaways
Thank you
References Akiri , S. E., Onoja , E., & Kunanzang , P. S. (2016). Entrepreneurship and job creation in Nigeria. IIARD International Journal of Economics and Business Management , 2 (3), 61-67. https://www.iiardjournals.org/get/IJEBM/VOL.%202%20NO.%203%202016/ENTREPRENEURSHIP.pdf Anulika , N. N. (2021). Role of Government Policies in Addressing Business Startup Issues in Nigeria. African Scholar Journal of Mgt. Science and Entrepreneurship (JMSE-7) , 22 (7), 309-322. https://www.africanscholarpublications.com/wp-content/uploads/2021/12/AJMSE_Vol22_No7_September2021-21.pdf University World News. (2022). University World News; The Global Window on Higher Education. https://www.universityworldnews.com/post.php?story=20221217131114976