Comparative Study of Antecedent Factors Affecting Entrepreneurial Venture Success among Omani Nationals and Expatriates in Oman

Abstract

This study aims to compare the antecedent factors that impact the success of entrepreneurial ventures among Omani nationals and expatriates in Oman. The Resource-Based View theory was empirically examined within the framework of Oman. The study incorporated the endogenous variable of entrepreneurial venture success alongside exogenous variables of innovativeness, family background, marketing orientation, and prior entrepreneurial experience. The present quantitative study obtained data from a sample of 136 undergraduate students located in Oman. The study employed structural equation modeling to gain insights from valid data, utilizing IBM’s SPSS 25 and AMOS 22 software. The structural model’s results indicate a significant difference between two distinct groups, specifically Omani nationals and expatriates currently residing in Oman. This disparity pertains to their innovativeness and entrepreneurial experience and how these factors impact the entrepreneurial venture’s success. Additionally, the study has demonstrated that no statistically significant distinction exists between the same two groups concerning their family background and marketing orientation in relation to entrepreneurial venture success. This study fills a gap in the body of knowledge on entrepreneurship in Oman by comparing the antecedent factors that influence the success of entrepreneurial ventures among Omani residents and expatriates in Oman. Previous studies have examined the general state of entrepreneurship in Oman, but limited research investigates group differences among Omani citizens and expatriates. This study subject illuminates the distinct difficulties and possibilities experienced by various entrepreneur communities in Oman by contrasting the experiences of these two groups.