Entrepreneurship and Mechanisms for Scientific and Economic Development Among Algerian University Graduates

Abstract

Recently, it has become evident to both the general public and experts that the economic and financial sectors are unable to absorb the influx of university graduates, resulting in a noticeable rise in unemployment rates and a decline in individual income levels. This issue stems from the tendency of degree holders to rely solely on formal employment as the only means of finding work and validating their academic qualifications. This mindset has prompted some to propose the integration of entrepreneurial knowledge within universities and promote its adoption among students.

This study aims to explore how to bridge the gap between university graduates and entrepreneurial knowledge, focusing on private ventures and open-market competition as fertile grounds for fostering creativity, innovation, and productivity in society. The study emphasizes the potential for reducing unemployment and overcoming stagnation among university graduates by engaging them in entrepreneurial activities, fostering a spirit of initiative and innovation, and thereby contributing to the country's economic development.