The propensity to business startup: Evidence from Global Entrepreneurship Monitor (GEM) data in Saudi Arabia

Abdul Rahim Abu Bakar, Syed Zamberi Ahmad, Norman S. Wright, Hazbo Skoko

Research output: Contribution to journalArticle

6 Citations (Scopus)
11 Downloads (Pure)

Abstract

The objective of this study is to assess the determining factors of entrepreneurial business startup in Saudi Arabia from an eclectic perspective. Based on Global Entrepreneurship Monitor (GEM) data of 2000 Saudi Arabian respondents, the study analyzes a multitude of individual factors which are classified into four groups: (a) financial resources; (b) social legitimacy; (c) entrepreneurial personality; and (d) entrepreneurial competencies. Gender and education are moderating variables influencing the relationship while age is a control variable using binary logistic regression technique. 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. Implications of these findings and directions for future research are discussed.
Original languageEnglish
Pages (from-to)263-285
Number of pages22
JournalJournal of Entrepreneurship in Emerging Economies
Volume9
Issue number3
DOIs
Publication statusPublished - 2017

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