Entrepreneurial Self Efficacy and Institutional Forces on New Business Creation in Kuwait

dc.article.pages139-142
dc.contributor.authorCader, Mohamed
dc.date.accessioned2021-11-04T11:28:02Z
dc.date.available2021-11-04T11:28:02Z
dc.date.issued2014
dc.description.abstractPrevious studies indicate that entrepreneurs create businesses primarily for economic reasons. Socioeconomic, cultural and other environmental factors considerably influence the entrepreneurial process and outcomes. Kuwait appears to have highest prevalence of entrepreneurship in any economy as there is one private business for every two Kuwaiti. The objective of this study is to examine how the institutional and cultural makeup of the local/indigenous Kuwaiti society shapes the entrepreneurial outcomes in Kuwait. A survey was conducted among 115 new entrepreneurs in Kuwait who have started a business within last 3 years to collect the data to assess the entrepreneur’s personal background, personal aspiration to start a business, and ownership structures. Financial motives are the strongest motive for the entrepreneurs start a new business followed by to be independent or to be own boss.
dc.identifier.citationCader, M. H. (2014). Entrepreneurial Self Efficacy and Institutional Forces on New Business Creation in Kuwait (pp. 139-142). University of Ruhuna, Sri Lanka: Proceedings of the third 3rd International Conference on Management and Economics -ICME 2014, Faculty of Management and Finance.
dc.identifier.urihttps://dspace.auk.edu.kw/handle/11675/7598
dc.relation.journalUniversity of Ruhuna, Sri Lanka: Proceedings of the third 3rd International Conference on Management and Economics -ICME 2014
dc.titleEntrepreneurial Self Efficacy and Institutional Forces on New Business Creation in Kuwait
dc.typeConference Paper
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