Abstract

A comparative study of institutional factors influencing entrepreneurial activities: a case study of Egypt and Saudi Arabia

Highlights

  • Researches on entrepreneurship and business enterprise concerning developing nations have normally explored the manners by which culture, politics, or economic institutions disallow or empower entrepreneurial exercises utilizing macro-level surveys and deductive designs (Eijdenberg et al, 2019)

  • Contributions and Originality This research aims to investigate the impact of Institutional Factors (Cognitive, Regulatory, and Normative) on Entrepreneurial Activities (Service Innovation, Corporate Venturing, and Strategic Renewal); in addition, the moderating role of Personal Profile

  • The research contributes to the managers and entrepreneurs to comprehend how Institutional Factors dimensions can affect Entrepreneurial Activities, so they can utilize the Cognitive, Regulatory, and Normative factors in order to enhance the Service Innovation, Corporate Venturing, and Strategic Renewal in firms and organizations

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Summary

Introduction

Researches on entrepreneurship and business enterprise concerning developing nations have normally explored the manners by which culture, politics, or economic institutions disallow or empower entrepreneurial exercises utilizing macro-level surveys and deductive designs (Eijdenberg et al, 2019). We need to mention that entrepreneurship and business enterprise have generally extended to catch the attention of many policymakers and governments The purpose for this is to see entrepreneurship and business enterprise as essential and basic to a country's development and economic growth since it creates both employment opportunities and wealth for the nation (Salimath and Cullen, 2010). If entrepreneurship is viewed because of the socioeconomic and cultural structure where the individual dwells, at that point, it is clear that family, social behavior, education level, and economic conditions significantly affect a person's entrepreneurial spirit In this way, it is critical to empower people with the entrepreneurial potential to have their spot in the economic procedures and process (Global Entrepreneurship Monitor Report, 2017/2018)

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