IMPACT OF STARTUP ECOSYSTEM ON THE STARTUPRENEURS

Abstract

The growing younger generation needs gainful employment and their talents can be best extracted through the setting up of new ventures. Unlike the previous generations, the modern younger generations have digital knowledge and have a higher awareness level towards entrepreneurship as a career. They are aware of changes taking place in the business environment. Keeping the younger generation idle would be detrimental to economic growth. Retaining the younger generation and creating suitable alternatives becomes the modern strategy to tackle the issue of unemployment.