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Determinants of Entrepreneurial Risk among Young Emiratis

Author

Listed:
  • Linda Smail

    (College of Interdisciplinary Studies, Zayed University, Dubai P.O. Box 19282, United Arab Emirates)

  • Mouawiya Alawad

    (Institute of Social and Economic Research, Zayed University, Dubai P.O. Box 19282, United Arab Emirates)

  • Aleciane da Silva Moreira Ferreira

    (Federal Institute of Education, Science and Technology Baiano, Itaberaba 46880-000, BA, Brazil)

  • Jorge López Puga

    (Faculty of Psychology, University of Granada, 18071 Granada, Spain)

  • Ana María Ruiz-Ruano García

    (Faculty of Education, University of Granada, 18071 Granada, Spain)

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.

Suggested Citation

  • Linda Smail & Mouawiya Alawad & Aleciane da Silva Moreira Ferreira & Jorge López Puga & Ana María Ruiz-Ruano García, 2022. "Determinants of Entrepreneurial Risk among Young Emiratis," Sustainability, MDPI, vol. 14(22), pages 1-21, November.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:22:p:14963-:d:970510
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    References listed on IDEAS

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