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Economy | July 26, 2011 [ 13:23 ]

Over 30 pct of young people plan to start a business in Peru

LivinginPeru.com

31.2% of young Peruvians plans to start a business in the next 12 months and is optimistic about the economic future of the country, according to the First National Youth Survey, sponsored by the National Youth Secretariat (Senaju).

96.6% of people, ranging in ages from 15 to 29, stated they were encouraged to start a business because of a desire to improve their income. The second most important factor was the "desire to be independent" (92.8%).

According to an article published in Andina, the survey reported that 3.9% of men and 5.4% of women between the ages of 25 and 29 already had an independent business.

Alvaro Quispe, secretary of Senaju, says the results showed the progress of entrepreneurship and the optimism of Peruvians who were fighting to get ahead economically, socially and politically.

The survey was conducted by Senaju and the National Statistics Institute (INEI) and was the first developed in the country and also included young peoples’ perception about the future of Peru for the next 10 years.

37.7% of respondents thought that by 2021 Peru would be a country with more opportunities 29.4% believed that Peru would be a developed country and 21.8 that it would be a country of entrepreneurs.

The study showed that 32.2% of young people were studying or had studied law, economics or business administration, 19.0% architecture, engineering or other related careers, 15.2% studied education and 9.9% studied medicine or related professions.

21.8% of young people were studying or had studied a technical career in electronics, engineering or other related careers, and 20.8% studied physics, chemistry, mathematics, statistics, computer science or other related fields.

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