Relationship between Entrepreneurship and Unemployment: The Case of Georgia

Authors

  • Azer DILANCHIEV International Black Sea University, Tbilisi, Georgia

DOI:

https://doi.org/10.31578/jss.v3i2.74

Abstract

The research paper employs the regression analysis of two variables entrepreneurship and unemployment rate from year 2003 to 2013. Entrepreneurship development as a phenomena generating jobs plays a vital role in particular to alleviate high unemployment level in countries like Georgia. It concludes that for Georgia a country in transition entrepreneurship development plays a vital role for solving the unemployment problem. The analyses of two effects “Schumpeter” and “Refugee” have been tested. The effect of entrepreneurship has been found to be statistically significant.

Author Biography

Azer DILANCHIEV, International Black Sea University, Tbilisi, Georgia

Ph.D., Program Coordinator of Economics Department, Faculty of Social Sciences, International Black Sea University, Tbilisi, Georgia

Published

11-03-2015

Issue

Section

Articles