Influence of Startup Ease on New Venture Creation: Insights from GEM Data
摘要
Entrepreneurship is one of the most fundamental activities that must be carried out to boost the economy, create wealth, and increase competitiveness. Even though entrepreneurial intention (EI) is critical in predicting entrepreneurial behavior, converting EI into actual startup development is complex. Based on the Theory of Planned Behavior (TPB), this study investigates whether the ease of starting a business moderates the EI-venture creation relationship in Oman. By employing descriptive analysis and logistic regression, the research tests its hypotheses based on data from 2021 from Global Entrepreneurship Monitor (GEM) between a sample of 2000 Omani adults collected through a digit-dialing sampling technique. The results confirm a positive and significant relationship between EI and venture creation. In addition, there is also a particular significance of the ease of starting a business. All in all, ease of starting does not mediate between EI and venture creation. The study concludes with implications for entrepreneurial development in Oman and policy options to break down the barriers between intention and action. These insights will inform policymakers and entrepreneurs of ways to improve the entrepreneurial landscape, whereas future research should investigate further elements that impact this vital linkage.