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Entrepreneurship Growth in Oman: Position, Prospects and Growth of Entrepreneural Education

Year 2015, , 127 - 131, 31.08.2015
https://doi.org/10.18768/ijaedu.58791

Abstract

The term ‘Entrepreneurship’ has certain connotations to diverse groups of people. An entrepreneur is identified as one who undertakes to organize, manage, and assume the risks of business.  Shane and Venkataraman (2000) define entrepreneurship as involving the study of sources of opportunities; the processes of discovery, evaluation, and exploitation of opportunities; and the set of individuals who discover, evaluate, and exploit them. This paper considers the current position and potential of innovative and entrepreneurial thinking for effective problem solving and change management in Oman. The paper explores the initiatives that the government of Oman has sought in building the level of awareness and engagement with the innovation and entrepreneurship agenda within education system, especially tertiary level programs. It reviews the educational aims as well as the uptake of entrepreneurial education and training in Oman. This paper seeks to identify how incorporating entrepreneurship into educational curriculum will contribute to the future growth of entrepreneurship in the country while enhancing the entrepreneurship agenda to include non- educational constituencies, actors and community at large. In recognizing the central role of creativity and innovation in entrepreneurship and in the generation of new ideas, where appropriate the core challenges of protecting those new ideas which have commercial and social value. The paper debunks one of the myths that entrepreneur are academic and social misfits while considering adopting  social, economic and academic leadership trendsetter and change agent  that the society and country needs at large. The contemporary Omani entrepreneur is to be viewed as a professional, with entrepreneurship education highlighting the issues related to the formation, development, and operations of small-scale and micro enterprises.

Keywords: entrepreneurship, entrepreneur, entrepreneurial thinking, entrepreneurship agenda, entrepreneurial education, economic growth

References

  • Al-Ghassani, A.M. (2010). The Case Study of Oman. In M. Masri, M. Jemni, A.M. Al-Ghassani, & A.A. Badawi, Entrepreneurship Education in the Arab States: A Joint Project between UNESCO and StratREAL Foundation, U.K. Case Studies on the Arab States (Jordan, Tunisia, Oman, and Egypt); UNESCO LB/2010/ED/PI/34.
  • Arab human capital challenge. (2009). Dubai, UAE: Mohammed Bin Rashid Al Maktoum Foundation in cooperation with Price Waterhouse Coopers.
  • Araba, S. (2012). Entrepreneurial education as a tool for reducing unemployment in Nigeria. Retrieved April 5, 2014 from the World Wide Web: http://www.academia.edu/2047944/Entrepreneurial_Education_as_a_tool_for_reducing_Unemployment_in_Nigeria
  • Blanke, J., Browne, C., Hanouz, M. D., Geiger, T., Mia, I., & Sala-o-Martin, X. (2009). The global competitiveness report 2009-2010: World Economic Forum.
  • Klein, P. (2014), Mark Casson’s The Entrepreneur at 30. Organizations and Markets. Retrieved April 2, 2015 from the World Wide Web: http://organizationsandmarkets.com/2014/06/06/mark-cassons-the-entrepreneur-at-30/
  • Kigenyi, F.D. (2007), Entrepreneurship Education for UACE and Colleges. Kampala, Uganda. p.10
  • Kaufman Foundation. – Retrieved April 12, 2015 from the World Wide Web: http://www.kauffman.org
  • Lim, Z. (2011). Positive attitude for entrepreneur. Retrieved from http://ezinearticles.com/?Positive-Attitude-For-Entrepreneur&id=452603 on April 1, 2015.
  • Magd, H. A. E. & McCoy, M. P. (2014). Entrepreneurship in Oman: Paving the Way for a Sustainable Future. Procedia Economicd and Finance. 15: pp 1632-1640/
  • Mazzarol, T. (2012). The field of entrepreneurship research. Where is the promise where is the future. Retrieved from Centre for Entrepreneurial Management and Innovation on April 7, 2015. http://www.cemi.com.au/node/428
  • Shane, S. & Venkataraman, S. (2000). The promise of entrepreneurship as field of research, Journal of Management. 25: 217-226
  • Schumpeter, A.A. (2011). The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle.
  • Teixeria,A. A. C. (2010), Attitudes of higher education students to new venture creation, Industry & Higher Education 24:5, pp. 1-19
  • Pratiknyo, Y.S. (2010). The Entrepreneurship Theory. Retrieved from PPM Manajemen on April 7, 2015. https://manajemenppm.wordpress.com/2013/07/05/the-entrepreneurship-theory-an-overview/.
  • World Bank. (2010). Doing Business 2010. Washington, DC: The World Bank Group, IFC and Palgrave MacMillan.
Year 2015, , 127 - 131, 31.08.2015
https://doi.org/10.18768/ijaedu.58791

Abstract

References

  • Al-Ghassani, A.M. (2010). The Case Study of Oman. In M. Masri, M. Jemni, A.M. Al-Ghassani, & A.A. Badawi, Entrepreneurship Education in the Arab States: A Joint Project between UNESCO and StratREAL Foundation, U.K. Case Studies on the Arab States (Jordan, Tunisia, Oman, and Egypt); UNESCO LB/2010/ED/PI/34.
  • Arab human capital challenge. (2009). Dubai, UAE: Mohammed Bin Rashid Al Maktoum Foundation in cooperation with Price Waterhouse Coopers.
  • Araba, S. (2012). Entrepreneurial education as a tool for reducing unemployment in Nigeria. Retrieved April 5, 2014 from the World Wide Web: http://www.academia.edu/2047944/Entrepreneurial_Education_as_a_tool_for_reducing_Unemployment_in_Nigeria
  • Blanke, J., Browne, C., Hanouz, M. D., Geiger, T., Mia, I., & Sala-o-Martin, X. (2009). The global competitiveness report 2009-2010: World Economic Forum.
  • Klein, P. (2014), Mark Casson’s The Entrepreneur at 30. Organizations and Markets. Retrieved April 2, 2015 from the World Wide Web: http://organizationsandmarkets.com/2014/06/06/mark-cassons-the-entrepreneur-at-30/
  • Kigenyi, F.D. (2007), Entrepreneurship Education for UACE and Colleges. Kampala, Uganda. p.10
  • Kaufman Foundation. – Retrieved April 12, 2015 from the World Wide Web: http://www.kauffman.org
  • Lim, Z. (2011). Positive attitude for entrepreneur. Retrieved from http://ezinearticles.com/?Positive-Attitude-For-Entrepreneur&id=452603 on April 1, 2015.
  • Magd, H. A. E. & McCoy, M. P. (2014). Entrepreneurship in Oman: Paving the Way for a Sustainable Future. Procedia Economicd and Finance. 15: pp 1632-1640/
  • Mazzarol, T. (2012). The field of entrepreneurship research. Where is the promise where is the future. Retrieved from Centre for Entrepreneurial Management and Innovation on April 7, 2015. http://www.cemi.com.au/node/428
  • Shane, S. & Venkataraman, S. (2000). The promise of entrepreneurship as field of research, Journal of Management. 25: 217-226
  • Schumpeter, A.A. (2011). The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle.
  • Teixeria,A. A. C. (2010), Attitudes of higher education students to new venture creation, Industry & Higher Education 24:5, pp. 1-19
  • Pratiknyo, Y.S. (2010). The Entrepreneurship Theory. Retrieved from PPM Manajemen on April 7, 2015. https://manajemenppm.wordpress.com/2013/07/05/the-entrepreneurship-theory-an-overview/.
  • World Bank. (2010). Doing Business 2010. Washington, DC: The World Bank Group, IFC and Palgrave MacMillan.
There are 15 citations in total.

Details

Primary Language English
Journal Section Articles
Authors

Maria Teresa Matriano

David Suguku

Publication Date August 31, 2015
Submission Date August 28, 2015
Published in Issue Year 2015

Cite

EndNote Matriano MT, Suguku D (August 1, 2015) Entrepreneurship Growth in Oman: Position, Prospects and Growth of Entrepreneural Education. IJAEDU- International E-Journal of Advances in Education 1 2 127–131.

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