Barriers to entrepreneurship among rural youth: Analyzing constraints in venture creation

Abstract

Entrepreneurship is increasingly being recognized as a vital engine for economic development in rural areas where traditional employment opportunities may be scarce. Rural youth are often seen as potential drivers of innovation and growth, yet many face significant barriers when trying to start their own ventures. Understanding these barriers is essential for policymakers and stakeholders who aim to create a supportive environment for entrepreneurial activities. This study investigates the constraints faced by rural youth in starting an enterprise. The study was carried out in the state of Uttarakhand. Data was collected from 240 rural youth using a pretested schedule. The research identifies personal, socio-cultural, institutional/legal, technical, and financial constraints faced by rural youth that hinder venture creation. This paper seeks to explore these constraints systematically, employing qualitative research methods to gather insights directly from rural youth.