Social And Economic Factors Of Youth Entrepreneurship Development In The Conditions Of The Digital Economy

Abstract

The rapid expansion of the digital economy has transformed the nature of entrepreneurship and created new opportunities for youth participation in economic activities. This article examines the social and economic factors influencing the development of youth entrepreneurship in the context of digital transformation. The study analyzes the role of digital literacy, innovation ecosystems, access to finance, educational institutions, social capital, and government support mechanisms in fostering entrepreneurial activity among young people. Using a socio-philosophical and socio-economic approach, the research reveals that the success of youth entrepreneurship depends not only on economic resources but also on social conditions, cultural values, and digital competencies. The findings demonstrate that digital technologies contribute to reducing barriers to market entry, expanding innovation opportunities, and strengthening youth participation in economic development.