The Influence of Entrepreneurial Activity's Innovation on Job Creation

Abstract

The purpose of this study is to explore the influence of innovation in the total early entrepreneurial business activities (TEA) (i.e. nascent and new entrepreneurs) on job creation in the Sultanate of Oman. In other words, the objective of this research is to examine the extent to which current innovation types in entrepreneurial activities have an impact on creating jobs. The TEA innovation will be measured by the ability of the enterprise to adopt new technology and the ability to create new products or services in the market. Based on the existing empirical studies, a conceptual model has been developed accordingly. To achieve the research objective, this study applied the data collected from national Omanis at the individual level using the Global Entrepreneurship Monitor (GEM) data 2020 to test the stated hypotheses. The sample of this study consist of 2000 Omani households who are involved in business entrepreneurial activities. Using structural equation modeling in PLS (SEM-PLS). The results revealed that the innovation in nascent and new entrepreneurs affects the level of created jobs in the Sultanate of Oman. The findings also demonstrate nascent and new entrepreneurs’ innovativeness ability to create jobs reflected significantly on both current and expected creation of jobs.

An empirical Study on Impact of Intellectual Human Capital on Corporate Social Innovation

“…Consequently, this concept stands for innovative actions and services stimulated by solving social problems as they are more widely spread in companies that include basic social goals. This concept has attracted business people and companies that conduct their activities to succeed in innovation and change (Al-Alawi, Alkindi, Al-Shukaili, & Ahmed, 2022;Foroudi et al, 2021). The emergence of SI expresses social dissatisfaction with innovation and its great versatility in achieving fair and lasting results.…”

Impact of Audit Failures and Internal Control on Performance of Public Companies in Oman

“…As a result, the quality of the audit opinion the auditor issues will be influenced by his or her ability to apply these standards while performing his or her duties. Failures in an audit could lead to a company's bankruptcy, which would result in job losses for staff and significant financial losses for investors [3,[31][32][33][34]. Various accounting and auditing regulations exist despite this.…”