A Study of Entrepreneurship Substitute to Job Market in the Context of Bangladesh

Abstract

Immense competition in job market, competitive exam patterns in getting a job, nepotism etc. all are making a job very tough for an unemployed youth nowadays. Even after getting a job, they find lack of independence, job stress, sub ordinance, tiring working hours, politics too severe to tolerate. Entrepreneurship is the act of creating a business either from the scratch or from already an established one ensuring independence, freedom, decision making power, flexible work hours etc. The study will cover all the problems associated with getting and sustaining in the jobs. Besides, all the positive impacts of entrepreneurship will be included in a broad aspect as it has multi-dimensional activities to perform. The obstacles to facilitate entrepreneurship will also be covered so that future corrective actions can be taken to. On top of that, a comparison will be made between these two to represent an evaluation. The role of regulatory authority will also be focused whereas the attention of mass people will be drawn at length. This study will be beneficial as it will come up with potentiality of a particular sector which will remove the problem of unemployment to a great extent and play a role in the economy of our country.

Keywords:Job Market, Nepotism, Job Stress, Entrepreneurship, Decision Making Power, Regulatory    Authority, Unemployment.

DOI: 10.7176/EJBM/13-13-02

Publication date:July 31^st 2021