Untangling the nexus of entrepreneurship and unemployment: a bibliometric review

Abstract

This research study has been done to uncover the important aspects of the research in the context of entrepreneurship as a tool to deal with the problem of unemployment in economies by understanding the trends of research studies, contributing authors, and their research contributions. The literature review in this research study has been done using bibliometric analysis and content analysis through the 316 research studies published in ABDC-rated journals from 2012 to 2022. The findings suggest that the previous studies focused on studying the different aspects, like the relationship between unemployment and entrepreneurship, the role of education and training, and the impact of public policies on employment generation aspects of entrepreneurship, along with the performance assessment of the entrepreneurial firms. However, the emphasis of previous studies was less on the performance assessment of the firms that started after unemployment. The findings from the literature review also revealed the impact of the rapidly evolving technological transformations due to artificial intelligence (AI) and related technologies and the rising gig economy-based environment on employment generation and entrepreneurial endeavors in economies. This suggests that policymakers and practitioners look into designing relevant and effective policies and educational programs aligning with the changing employment and entrepreneurial landscape due to the impact of technology.