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Understanding How Entrepreneurship Innovation Solves Women's Challenges in the Arab Region: Omani Women Entrepreneurs Model

Understanding How Entrepreneurship Innovation Solves Women's Challenges in the Arab Region: Omani Women Entrepreneurs Model

Fadi Abdel Muniem Ahmad Abdel Fattah, Hussam Al Halbusi
Copyright: © 2022 |Pages: 15
ISBN13: 9781799895909|ISBN10: 1799895904|ISBN13 Softcover: 9781799895916|EISBN13: 9781799895923
DOI: 10.4018/978-1-7998-9590-9.ch016
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MLA

Abdel Fattah, Fadi Abdel Muniem Ahmad, and Hussam Al Halbusi. "Understanding How Entrepreneurship Innovation Solves Women's Challenges in the Arab Region: Omani Women Entrepreneurs Model." Innovative Economic, Social, and Environmental Practices for Progressing Future Sustainability, edited by Chai Lee Goi, IGI Global, 2022, pp. 269-283. https://doi.org/10.4018/978-1-7998-9590-9.ch016

APA

Abdel Fattah, F. A. & Al Halbusi, H. (2022). Understanding How Entrepreneurship Innovation Solves Women's Challenges in the Arab Region: Omani Women Entrepreneurs Model. In C. Goi (Ed.), Innovative Economic, Social, and Environmental Practices for Progressing Future Sustainability (pp. 269-283). IGI Global. https://doi.org/10.4018/978-1-7998-9590-9.ch016

Chicago

Abdel Fattah, Fadi Abdel Muniem Ahmad, and Hussam Al Halbusi. "Understanding How Entrepreneurship Innovation Solves Women's Challenges in the Arab Region: Omani Women Entrepreneurs Model." In Innovative Economic, Social, and Environmental Practices for Progressing Future Sustainability, edited by Chai Lee Goi, 269-283. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-7998-9590-9.ch016

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Abstract

Sustainable economic growth is a top priority for Oman, aiming to lessen reliance on oil and increase economic diversification. The government sees entrepreneurship and innovation as vital players in creating jobs, diversifying the economy, and transforming the economy from a traditional to a knowledge-based economy. Under the Visions 2020-2040, the government has developed programs to enhance and encourage women's engagement in SMEs to maximize returns, create employment opportunities, and reduce the market and institutional failures. Lack of women engagement in SMEs is due to barriers of entrants and women who intend to start their own business can face challenges that lead to failure in their business endeavors. Among these challenges are government policies, financial support, supporting R&D, and culture. Further research is necessary to investigate factors that motivate Omanis to become entrepreneurs and overcome the obstacles. The main objective of this chapter is to develop a conceptual framework to highlight the main challenges that limit Omani women from participating in SMEs.

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