Predictors of Entrepreneurs’ Contribution in the Socio-Economic Development of Youth in Calapan City, Oriental Mindoro, Philippines

Christian Anthony C. Agutaya^1,

¹Mindoro State College of Agriculture and Technology-Calapan City Campus, Masipit, Calapan City, Oriental Mindoro, Philippines

Cite this paper:
Christian Anthony C. Agutaya. Predictors of Entrepreneurs’ Contribution in the Socio-Economic Development of Youth in Calapan City, Oriental Mindoro, Philippines. American Journal of Educational Research. 2018; 6(9):1278-1282. doi: 10.12691/education-6-9-6

Abstract

Trite as it may sound but it has been said time and again that the role of the youth in nation building is indispensable. They have taken active roles in different areas of life, more notably, in business and economic sectors. Thus, this study was undertaken to determine the predictors of entrepreneurs’ contribution in the socio-economic development of youth in Calapan City, Oriental Mindoro, Philippines. Descriptive-correlational design was employed in the study. Questionnaires were used to gather data from 641 entrepreneur-respondents chosen through stratified random sampling and taken from 62 barangays of the city. Data gathered were processed and analyzed using multiple linear regression analysis using SPSS version 23. The results showed that the profile of the entrepreneurs is a predicting factor that affects management status, level of organizational climate, financial status and extent of contribution to socio-economic development of youth. It also concluded that the management status, level of organizational climate and financial status influenced the extent of contribution to socio-economic development of youth in the locale. It is recommended that more youth empowerment schemes be introduced primarily by the local government, by nongovernmental agencies and by concerned private entrepreneurs or groups.

Keywords:
youth socio-economic development of youth youth development

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