Entrepreneurship among alumni is a key driver of economic growth. The goal of this study is to uncover factors that promote entrepreneurial mindsets among GCC alumni (Gulf Cooperation Council). The role of the government, entrepreneur incubators, entrepreneurial courses offered at higher education institutions, and Alumni demographic factors in encouraging Alumni to embrace entrepreneurship should all be investigated. This is a primary data-based study in which data was collected via a self-administered questionnaire from 500 GCC Alumni and analysed using one-way ANOVA testing. The findings show that government, entrepreneurship courses, entrepreneur incubators, and demographic factors all play a role in encouraging alumni entrepreneurs to pursue entrepreneurship. The goal of the study is to see how certain entrepreneurship course variables affect GCC Alumni's attitudes toward entrepreneurship. The most influential factors in alumni's decision to pursue entrepreneurship were found to be the government and the entrepreneurial course. Despite this, the low aggregate mean indicated that the majority of Alumni are dissatisfied with the performance of these bodies. Age, academic level, and work experience were not significant determinants in motivating Alumni to pursue entrepreneurship, according to the ANOVA results. Alumni unemployment continues to be high throughout the region. The study's final conclusion is that the government should take a more thoughtful approach to encouraging alumni to start businesses. The government should develop more effective policies for start-ups and existing businesses that make procedures, laws, and regulations easier to follow.
Author(S) Details
Mohammed Abdul Imran Khan
Department of Finance & Economics, CCBA, Dhofar University, Sultanate of Oman.
View Book:- https://stm.bookpi.org/NIEBM-V7/article/view/6392
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