Assessing the Entrepreneurial Ecosystem of Oman and Discovering the Innate Suitability of Islamic Finance

Shaukat, Mughees; Madbouly, Araby

doi:10.1007/978-3-030-11766-5_7

Cited by 6 publications

(10 citation statements)

References 11 publications

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“…The entrepreneurship insights from 54 countries in the 2018 GUESS Global Report by Sieger, Fueglistaller, Zellweger & Braun (2018) showed a pattern of 'employee to an entrepreneur.' The report showed 9% intend to start the business after graduation while 34.7% after 5 years following completion of the degree.…”

Section: Entrepreneurial Intention Of Studentsmentioning

confidence: 99%

“…The differing percentage of entrepreneurial intention was based on whether a student is from a developed or developing country. Moreover, several studies conducted around the world identified various factors influencing entrepreneurial attitude and intentions such as: entrepreneurship education (Sieger, Fueglistaller, Zellweger & Braun, 2018;Packham, Jones, Miller, Pickernell & Thomas, 2010;Vodal & Florea, 2019), age (Packham, Jones, Miller, Pickernell & Thomas, 2010;Hendieh, Aoun & Osta, 2019), gender (Packham, Jones, Miller, Pickernell & Thomas, 2010;Hendieh, Aoun & Osta, 2019;Vodal & Florea, 2019), degree specialization (Holienka, Holienková, & Gál, 2015;Abbas, 2013) and support (Denanyoh, Adjei & Nyemekye, 2015;Hendieh, Aoun & Osta, 2019). Studies which applied the Theory of Planned Behavior identified influencing factors such as locus of control (Voda & Florea, 2019;Karabulut, 2016;Hameed et al, 2016), need for achievement (Voda & Florea, 2019;Karabulut, 2016), risk tolerance (Karabulut, 2016;Hameed et al, 2016) and entrepreneurial alertness (Karabulut, 2016).…”

Section: Entrepreneurial Intention Of Studentsmentioning

confidence: 99%

“…This momentum is what Zaring, Gifford & McKelvey (2019) believe as a natural influence on entrepreneurial attitudes.Results show an obvious comparison of specialization and country of origin. The entrepreneurship education alone has a strong influence on the students' intention to venture into business(Sieger, Fueglistaller, Zellweger & Braun, 2018;Packham, Jones, Miller, Pickernell & Thomas, 2010; Vodal & Florea, 2019). The knowledge of business and management impacts on the skills and capabilities.…”

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confidence: 99%

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Final Year Project as Impetus to Entrepreneurial Intention: A Cross-cultural Analysis

velasco¹

2021

None

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This paper performed a cross-dimensional analysis in three-folds: assessment of entrepreneurial dimensions during the conduct of Final Year Project (FYP), implementation of FYP as start-up and the challenges faced by the students on the realization of the FYP as a start-up. There were 281 survey and 24 focused interview participants from the two private higher education institutions in Oman and the Philippines. The FYP students in both countries and specializations exhibited high entrepreneurial spirit but none of them utilized the projects as a start-up. The challenges faced in turning the project to business venture were lack of business knowledge, entrepreneurial attitudes and skills. Overall, there was one in every six students who intended for a start-up whereas one in every six teachers believed students can do so. One in every three teachers expected students to be employees. The results clearly emphasized an 'employee' culture and 'employment to entrepreneurship' pattern of education. Therefore, colleges and universities must capitalize on the strong entrepreneurial spirit and intention of the students to create start-ups through linking the entrepreneurial support programs to the FYP. The sustainable campus entrepreneurship to address the identified challenges of lack of business knowledge, skills and values must be promoted.

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Section: Entrepreneurial Intention Of Studentsmentioning

confidence: 99%

Section: Entrepreneurial Intention Of Studentsmentioning

confidence: 99%

mentioning

confidence: 99%

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Final Year Project as Impetus to Entrepreneurial Intention: A Cross-cultural Analysis

velasco¹

2021

None

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“…There is a growing body of empirical literature that examines the role of quality institutions on FDI. Many studies conducted on FDI and institutional development or other macroeconomic factors concluded that there is strong causal link between FDI and institutional quality (Adegboye et al, 2020; Mahmood, Shakil, Akinlaso, & Tasnia, 2019; Mihaela, Waqar, & Helian, 2018; Shaukat & Madbouly, 2019) The literature on this issue can be divided into four strands.…”

Section: Literature Reviewmentioning

confidence: 99%

“…With the increasing competition for FDI, classical determinants such as market size, openness and locational advantages nowadays are not enough. There is an increasing literature highlighting the importance of the institutional efficacy for companies when they make foreign investments (OECD, 2012; Shaukat & Madbouly, 2019). Investors' trust and safety valves rest tightly on how strong and supportive the institutional setting in a country is.…”

Section: Introductionmentioning

confidence: 99%

Institutional determinants of FDI in Oman: Causality analysis framework

Ibrahim¹,

Devesh²,

Shaukat³

2020

Int. J Fin Econ

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This paper explores the institutional determinants of FDI in Oman and the role of FDI in enhancing Oman's economic diversification strategy. Time series data was collected for the selected institutional factors influencing FDI during the period 1996–2018. Unit root and Granger causality framework were used in the analysis. Results indicated that strong and clear property rights protection, corruption freedom, fiscal and trade freedom, cause FDI inflows in Oman, whereas business freedom had no effects. It is crucial for policy makers in Oman to strengthen these institutional factors, craft and implement a policy framework to sustain their efficacy, while improving business freedom towards an open economic model. This also includes strengthening the legal framework, combating corruption and reducing subsidies and other forms of favouritism towards state‐owned enterprises. Such policy measures, aimed at channelling FDI flow towards targeted sectors, would enhance Oman's diversification strategy and foster economic growth and development.

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Current Issues in Entrepreneurship in Oman

Akram

2023

Entrepreneurship Business Debates

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Assessing the Entrepreneurial Ecosystem of Oman and Discovering the Innate Suitability of Islamic Finance

Cited by 6 publications

References 11 publications

Final Year Project as Impetus to Entrepreneurial Intention: A Cross-cultural Analysis

Final Year Project as Impetus to Entrepreneurial Intention: A Cross-cultural Analysis

Institutional determinants of FDI in Oman: Causality analysis framework

Current Issues in Entrepreneurship in Oman

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