1 research outputs found
The Determinants of Entrepreneurial Success of Home-Based Entrepreneurs (HBEs) in Oman
Purpose: The purpose of the study was to analyze the impact of technological factor on the Success of home-based enterprises; to analyze the impact of marketing factor on the Success of home-based enterprises and to analyze the impact of environment factor on the Success of home-based enterprises.
Design/methodology/approach: A structured questionnaire was provided to 208 participants for data collection selected on a stratified random sampling basis. The entrepreneurs from North Al Batinah region in Oman including housewives and entrepreneurs operating from home were used for the study. The data was analyzed using SPSS.
Findings: The study revealed that there was an association between Environmental Factors, Marketing Factors, and the Success of home-based entrepreneurs. Environmental Factors and Marketing Factors had an impact on the Success of home-based entrepreneurs. But Technological factors - have not influenced the Success of home-based entrepreneurs.
Limitations/Research implications: The paper will help home-based entrepreneurs to understand that the business from home as it is a form of local business entity necessary for community development and there is an incentive for small and medium business entities to educate the business process for the sustainability of their business.
Social Implications: Government should encourage home-based businesses as they are considered as the legitimate form of HBEs for the sake of community development. Government should support in channelizing the promotion and selling business products for the home-based businesses. Government should motivate the HBEs towards educating the business process for the sustainability of their businesses.
Originality/Value: This is the first kind of its study dealing with the factors related to home-based entrepreneurs impacting the success of home-based entrepreneurs.
Keywords: Technological Factors, Marketing Factors, Environment Factors, Success of Home-based Business Factors, Barriers of Home-Based Entrepreneurs