International Journal of Entrepreneurship (Print ISSN: 1099-9264; Online ISSN: 1939-4675)

Abstract

Student Perceptions on Business Opportunities and Barriers for Business Start-Up in Oman

Author(s): Adil Hassan Bakheet

In Oman, the entrepreneurship culture is enriched with programs that are initiated by private sectors and government. It helps the students in formulating the enterprise policies and improve activities that are related with entrepreneurship. Therefore, the study has mainly focused on the evaluation of students’ perception regarding barriers for starting a new business. The study has recruited 2529 students through cluster sampling from different universities in Oman. The survey was conducted through questionnaire, which consists of Likert scale questions. The data obtained from the students was analysed using SPSS version 20.0. Multiple regression test has been applied to investigate association between different variables. The results showed that half of the students agreed and were confident on their ability to prepare business plan on their own. On the other hand, 35% of the students were not confident about their abilities in organizing their marketing skills. The regression analysis revealed that entrepreneurial attitudes of students were positively associated with their perceptions of business opportunities. Moreover, entrepreneurship attitude of students is positively related to perceptions of barriers, when the students are focused on starting a new business. The results concluded that students were optimistic and interested in starting their own businesses.