Title: Modelling the determinants that impact risk-taking and entrepreneurship behaviour in emerging economies

Authors: A.M. Sakkthivel; B. Sriram

Addresses: Department of Business Administration, Sur University College, P Box. 440, P C.411, Sur, Sultanate of Oman. ' Quality Assurance Department, Sur University College, P Box. 440, P C.411, Sur, Sultanate of Oman

Abstract: The paper aims to determine the variables that would have impact over risk-taking behaviour and entrepreneurship behaviour in emerging economies (Omani entrepreneurs). The authors chose two major constructs viz. internal variables (demographic and economic variables) and external variables (social and cultural variables) in order to test the impact of the aforesaid variables on the risk-taking and entrepreneurs. The paper attempts to build a model of the variables that impact the risk-taking and entrepreneurship behaviour. The study revealed that the demographic variable (internal variable) has a significant impact over risk-taking and entrepreneurship behaviour. The papers also identified that the economic and cultural variables have high impact and social and demographic variables have low impact over risk-taking and entrepreneurship behaviour.

Keywords: risk-taking behaviour; entrepreneurship; internal variables; external variables; risk profiling; Omani entrepreneurs; Oman; emerging economies; modelling; entrepreneurial behaviour.

DOI: 10.1504/IJESB.2012.045632

International Journal of Entrepreneurship and Small Business, 2012 Vol.15 No.3, pp.376 - 388

Published online: 14 Aug 2014 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article