Evolution of tourism and entrepreneurship in Cape Verde in the XXI century

Custódio, Ondina; Nunes, Alcina

http://hdl.handle.net/10198/21174

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Authors

Custódio, Ondina

Nunes, Alcina

Abstract(s)

This paper aims to establish a relationship between entrepreneurship and tourism, focusing on the contribution of these two activities to the economy of Cabo Verde over the last 18 years. After an introductory literature review on the themes "entrepreneurship" and "tourism", the empirical part presents the analysis of tourism data provided by the National Institute of Statistics of Cape Verde. Statistical indicators on the number of firms and persons employed were computed regarding the tourist activity, between 1999 and 2017, in order to observe the evolution of the business considering the increase in tourism and also the relation of it with the creation of jobs in the sector. It can be concluded that tourism has been an activity of fundamental importance for the Cabo Verde economic growth and that it must be valued and studied in order to find the best ways to explore the tourism potential of the country. With tourism, the Cabo Verdeans should observe the opportunity to undertake and have their own business. Connecting entrepreneurship to the way the flow of tourists increases in Cabo Verde is very important for the development of the country's economy and also to reduce social problems caused by unemployment.

Keywords

Entrepreneurship Tourism Economic growth Cabo Verde

URI

http://hdl.handle.net/10198/21174

Citation

Custódio, Ondina; Nunes, Alcina (2019). Evolution of tourism and entrepreneurship in Cape Verde in the XXI century. In I Encontro Internacional de Língua Portuguesa e Relações Lusófonas. Instituto Politécnico de Bragança.