ABSTRACT
This chapter aims at the analysis of the development of youth entrepreneurship in the transition period in Bulgaria. In early 1991, Bulgaria undertook a very hard and painful transition to a market economy. The Bulgarian governments are strongly committed to integration of the country into the European Union. In Bulgaria, like in other countries, most of the young people start their professional careers from positions at the low administrative/technical level. For youth entrepreneurship development, it is interesting to analyse the structure of employed young people in terms of professional status. There is strong evidence of a decreasing scope of the grey economy in Bulgaria and a respective increase of the employment rates. In general, youth entrepreneurship concerns mainly two basic groups of economic actors: those who create jobs and mostly self-employment and those who represent so-called innovative entrepreneurship.
