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The Warsaw Voice » Business » November 29, 2012
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Young and Enterprising
November 29, 2012   
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Poland boasts one of Europe’s highest percentages of citizens with a positive attitude towards entrepreneurship.

What is particularly encouraging is that young people in Poland are the most enthusiastic about running their own business. One of the most important factors why Poland has gone through the global crisis relatively smoothly is the optimism of Polish consumers, which has helped maintain a high level of domestic consumption. Another contributing factor is the creativity of Polish businesspeople, who quickly learned the ropes of functioning on a competitive European market. All indications are that entrepreneurship will remain an important factor in the development of the Polish economy in the future. A report on doing business compiled by Amway Europe, in association with the Entrepreneurship Center at the Ludwig Maximilian University of Munich and international market research agency GfK, shows that Poland boasts one of the highest percentages in Europe of people with a positive attitude towards entrepreneurship. Only the Danes, French, British and Italians are more optimistic in this respect.

Research conducted in 16 countries reveals that 73 percent of respondents in Poland have a positive attitude toward entrepreneurship. That’s about 4 percent more than the European average. In particular, young people aged 15-29 stand out in this area, 84 percent of whom have a positive attitude and 62 percent say they are ready to run their own business. This is important because people with business acumen, especially those running small and medium-sized enterprises, are the largest source of new jobs and consequently economic growth.

There is also another reason why it’s good that young Poles are big on doing business on their own. Unemployment among young people reaches 26 percent in Poland.

On the other hand, it is young people in Poland who are the most eager to leave the country to work abroad. A survey on labor migration conducted by polling company CBOS shows that a fifth of adult Poles are interested in seeking employment abroad. A particularly strong interest in working abroad is displayed by students: 38 percent of them plan to work outside Poland in the future (or are already taking steps to do so), and a further 18 percent say they would accept an offer to work abroad even though they are not actively looking for such employment opportunities.

According to the report, in recent years, especially after Poland joined the European Union, economic migration among young Poles has been so extensive that it is possible to say that working abroad has become the norm for a substantial portion of those aged 25 to 34. It is estimated that about 3.3 million Poles have worked abroad over the past decade.

The Polish economy would be better off if the most enterprising individuals looked for jobs at home. But this depends on the conditions created for doing business. Optimistically, the Doing Business 2013 report by the World Bank and the International Finance Corporation (IFC), shows that Poland has been fastest worldwide in carrying out reforms to make it easier for people to do business.
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