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Impact of Entrepreneurship on Unemployment and Poverty Reduction: The Case of Bukavu in DR Congo

Year: 2024

Type: article

Abstract: The Democratic Republic of the Congo (DRC) grapples with severe poverty and unemployment issues, necessitating a focus on factors that can alleviate both challenges. This study specifically examines the impact of entrepreneurship on poverty reduction and unemployment in Bukavu. Through a comprehensive literature review and data analysis using a linear regression on cross-sectional data, the research reveals a trend with individuals transition from employment to entrepreneurship, particularly after completing studies, leading to a decline in the unemployment rate since 2015. Entrepreneurs also exhibit lower poverty indicators compared to non-entrepreneurs. The study recommends implementing measures, such as tax relief and entrepreneurial education, to encourage entrepreneurship, thereby creating employment opportunities and addressing poverty and unemployment in Bukavu.

Source: International Journal of Economics and Financial Issues

DOI: 10.32479/ijefi.15683

Authors: Paul Kadundu Karhamikire, Christian Mwemezi Ngangura, Nicole-Adams Nankafu

Institution: Université Catholique de Bukavu

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: No poverty, Decent work and economic growth

Open Access status: gold

Estimated APC paid: $300