The propensity to business startup: Evidence from Global Entrepreneurship Monitor (GEM) data in Saudi Arabia
Journal of Entrepreneurship in Emerging Economies
ISSN: 2053-4604
Article publication date: 4 September 2017
Abstract
Purpose
The purpose of this study is to assess the determining factors of entrepreneurial business startup in Saudi Arabia from an eclectic perspective.
Design/methodology/approach
Based on Global Entrepreneurship Monitor data of 2000 Saudi Arabian respondents, the study analyzes a multitude of individual factors which are classified into four groups: financial resources; social legitimacy; entrepreneurial personality; and entrepreneurial competencies. Gender and education are moderating variables influencing the relationship, whereas age is a control variable using binary logistic regression technique.
Findings
Out of ten hypotheses, only four hypotheses, namely, income, fear of failure, perception of high status and knowledge of other entrepreneurs, have a significant relationship with the possibility of a business startup.
Originality/value
Implications of these findings and directions for future research are discussed.
Keywords
Citation
Abu Bakar, A.R., Ahmad, S.Z., Wright, N.S. and Skoko, H. (2017), "The propensity to business startup: Evidence from Global Entrepreneurship Monitor (GEM) data in Saudi Arabia", Journal of Entrepreneurship in Emerging Economies, Vol. 9 No. 3, pp. 263-285. https://doi.org/10.1108/JEEE-11-2016-0049
Publisher
:Emerald Publishing Limited
Copyright © 2017, Emerald Publishing Limited