Determinants of Entrepreneurial Risk among Young Emiratis
Metadata
Show full item recordAuthor
Smail, Linda; Alawad, Mouawiya; Moreira Ferreira, Aleciane da Silva; López Puga, Jorge; Ruiz Ruano García, Ana MaríaEditorial
MDPI
Materia
entrepreneurship fear of failure risk aversion
Date
2022-11-11Referencia bibliográfica
Smail, L. Sustainability 2022, 14, 14963. [https://doi.org/10.3390/su142214963]
Sponsorship
ResearchOffice, ZayedUniversity [ShortGrantNumber STG066]Abstract
This work aimed to investigate the determinants of entrepreneurial risk among Emirati
youth enrolled in a university in the United Arab Emirates. This was a quantitative study, which used
a survey of 324 university students with an average age of 20.7 years and a standard deviation of
3.1 years. The collected data were analyzed using two methods—Ordinal Probit Regression Estimation
and Structural Equation Modeling—to identify the factors that may determine entrepreneurial
risk and assess the research hypotheses among this group of Emirati youth. The results showed
that Emirati youth are risk-averse when (a) they do not receive government support, (b) they have
a perception of low self-efficacy, (c) they are afraid of failure, and d) they perceive considerable
obstacles and barriers. In addition, it is concluded that it is necessary to stimulate creativity and an
innovative mindset among students.