Entrepreneurship within the young Cape Verde migrant population. Book Conference Paper uri icon

abstract

  • Given crisis situations and the increasingly scarcity of jobs, individuals see in entrepreneurship a way to respond to needs such as personal fulfilment, financial independence, the opportunity to explore the market and embark on new adventures. The present research intends to understand the motivating factors, as well as the constraints, that influence entrepreneurship among the population of Cape Verde. The Government has implemented programs to promote and encourage entrepreneurial activity in the country, but there are still barriers and constraints in the implementation of businesses. So, in this research, after a brief review of the literature is made the analysis of the qualitative data obtained through four interviews made to entrepreneurs established in Cape Verde to perceive what motivated and constrained which one of them on the process to initiate an entrepreneurial activity. The study has shown that Cape Verdeans are both entrepreneurs out of necessity and opportunity. It can also be observed an affinity between specific entrepreneurial characteristics and motivational factors associated with the ideology of life, which indicates that these entrepreneurs seek a sense of self-realization in the fulfilment of their goals, originated in their own visions and expectations of life.
  • This paper aims to better understand the concepts of entrepreneurship and tourism, as well as to establish a relationship between entrepreneurship and tourism, focusing on the contribution of these two activities to the economy of Cabo Verde over the last 18th years. The work was done through a literature review on the themes "entrepreneurship" and "tourism" of several authors, who follow the evolution of these themes. The most practical part of this work was done through the analysis of tourism data provided by the National Institute of Statistics of Cabo Verde. The data analysed for the elaboration of this work were given on tourism in the archipelago. With the data it was computed several statistical indicators regarding the tourist firms created in Cabo Verde, between 1999 and 2017, in order to observe the evolution of the business sector with the increase in tourism in Cabo Verde and also the relation of it with the creation of jobs in the sector. Through this work, it is noted that, tourism has been an activity of fundamental importance for the Cabo Verde economic growth, and that it must be valued and studied in order to find the best ways to explore the tourism potential of the country. With tourism, the Cabo Verdeans should observe the opportunity to undertake and have their own business. Connecting entrepreneurship to the way the flow of tourists increases in Cabo Verde is very important for the development of the country's economy and also to reduce social problems caused by unemployment. Cabo Verde should rather take advantage of its tourism, to motivate its population to identify the opportunities and to invest in the own business.
  • This paper aims to establish a relationship between entrepreneurship and tourism, focusing on the contribution of these two activities to the economy of Cabo Verde over the last 18 years. After an introductory literature review on the themes "entrepreneurship" and "tourism", the empirical part presents the analysis of tourism data provided by the National Institute of Statistics of Cape Verde. Statistical indicators on the number of firms and persons employed were computed regarding the tourist activity, between 1999 and 2017, in order to observe the evolution of the business considering the increase in tourism and also the relation of it with the creation of jobs in the sector. It can be concluded that tourism has been an activity of fundamental importance for the Cabo Verde economic growth and that it must be valued and studied in order to find the best ways to explore the tourism potential of the country. With tourism, the Cabo Verdeans should observe the opportunity to undertake and have their own business. Connecting entrepreneurship to the way the flow of tourists increases in Cabo Verde is very important for the development of the country's economy and also to reduce social problems caused by unemployment.

publication date

  • 2019