Abstract:

The subject matter of the research constitutes changes in the structure of Russian youth entrepreneurship. The article specifically deals with the essence of classical structure of entrepreneurship, its contemporary forms and development peculiarities. The youth, as an ambitious part of the society, less economical and more risk loving, is singled out to be a particular driver of entrepreneurship development. The article underlines that one of the major problems facing most countries of the world is youth unemployment. Global youth unemployment may turn into global crisis setting back technical and economic progress. Active governmental support of youth entrepreneurship can promote economic growth, integrate young people into labor activity eliminating the problem of unemployment. The research reveals major reasons of youth unemployment and opportunities to eliminate it. It was found out that age groups attributed with young age differ depending on this or that country – the lower age group of young people is set between 14 and 16 y.o. and the upper – between 25 and 30 y.o. While analyzing the change in age structure of Russian youth entrepreneurship a number of interdependent problems were found out: low access to financing entrepreneurship, low access to capital, limited access to the market, low level of labor skills, age criteria, unfair competition and corruption in the sphere of entrepreneurship. Analysis of the change in age structure of Russian youth entrepreneurship shows that the most adapted to entrepreneurship group are "15-19 year-old men", "24-29 year-old men" (before and after military service in the Russian army), as well as "15-19, 20-24, 25-29 year-old women". Changes in the "20-24 year-old men" age group are connected with migration dynamics, which is the most acute during the period of professional and psychological maturity in young men. Stability of "15-19, 20-24, 25-29 year-old women" age groups makes it possible to single out the necessity to develop women’s youth entrepreneurship. As for economic activity, priority areas for young men are “Hospitality and catering business” and “Professional, scientific and technical activity, administrative activity and additional related services”, priority areas for young women are “Rendering other types of service”, “Financing and insurance business”.  Growth rate dynamics of youth entrepreneurship on types of economic activity shows that young people choose activity with an opportunity to practical addition of education process, low requirements to labor skills and as a consequence this activity is less profitable: preferred areas are trade sector and low-skilled sector.