Abstract:

Entrepreneurship has been considered as a possible solution to address poverty in developing  countries. It is a means of coping with unemployment problems by creating new job  opportunities, and it is also seen as an engine of economic growth. It has been proven to make  great contributions to economic development of developing countries. Because of this, most of  the developing countries are encouraging their citizens to pursue entrepreneurship (Hurry,  2007; Baron and Shane, 2008). As entrepreneurship is synonymous with self-employment, it  is believed to be an effective strategy in managing issues such as unemployment, especially  among the youth; low-employability of new graduates; lack of job opportunities during  challenging economic climates; and more. Entrepreneurship is not limited to profit-making  business in the world. While profit is essential for a sustainable business, it is not always the  ultimate goal (Jilenga, 2017).