Youth employment in start-up ventures in Jordan: an exploratory study

摘要

Youth in developing countries are faced with high unemployment rates, even when they possess higher education degrees. In the developing world, small business and entrepreneurial ventures constitute the main drivers of economic development and offer employment opportunities for youth. Nevertheless, when faced with a career decision after their studies, youth seem to prefer careers in established companies over start-ups. As a consequence, start-ups find it more difficult to find and hire the right employees although they are available in the market. This study aims at examining the factors behind youth career decisions to work for a start-up company and provides suggestions for both research and practice. By relying on both entrepreneurship and career decision-making literature, we developed a theoretical model that includes background factors and individual characteristics. Results from a survey on youth graduates from Jordan show that high school education fostered critical thinking, international exposure, creativity and participation to entrepreneurial events, which predicted the willingness to work for a start-up.