Abstract
This paper aims to examine the relationship of four critical demographic factors, namely, Father’s occupation, Gender, Experience and Level of education on the entrepreneurial intention of Omani university students. The study uses a structured questionnaire to conduct a survey which is administered to the students of Dhofar University. The data collected are analyzed and it is found that there is a high level of intentions among students to start entrepreneurial ventures. Moreover, demographic factors are found to be influencing the entrepreneurial intention. Among the demographic factors experience is found to have the maximum influence on the entrepreneurial interest. The results suggest a need to provide students with on job training for gaining experience along with their educational programs. As an increase in experience will lead to a higher entrepreneurial intention of students and thus the likelyhood of a student becoming an entrepreneur will increase. Furthermore, universities and government should promote entrepreneurship training programs taking into account the Father’s occupation, Gender, Experience and Education Levels of students
Highlights
Entrepreneurship generates significant economic opportunities for an individual which in turn helps in the economic development of a country
Sultanate of Oman is dependent on the hydrocarbon sector as it is a major contributor to the Gross Domestic Product (GDP)
Proceeds from the hydrocarbon exports have been used to diversify the economy. This has been done by promoting entrepreneurship through various funding schemes with a view to diversify the national economy through Small & Medium Enterprises (SMEs)
Summary
Entrepreneurship generates significant economic opportunities for an individual which in turn helps in the economic development of a country. Sultanate of Oman is dependent on the hydrocarbon sector as it is a major contributor to the Gross Domestic Product (GDP). The government desires to reduce the dependence on the oil sector. Proceeds from the hydrocarbon exports have been used to diversify the economy. This has been done by promoting entrepreneurship through various funding schemes with a view to diversify the national economy through Small & Medium Enterprises (SMEs). Such economic shocks can be cushioned by promotion of entrepreneurship
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