IDENTIFYING FACTORS SHAPING DIGITAL ENTREPRENEURSHIP INTENTION IN GCC COUNTRIES
DOI:
https://doi.org/10.2478/eoik-2025-0086Ključne reči:
Entrepreneurship, Digital entrepreneurship, Digital economy, Structural equation modeling, Gulf Cooperation CouncilApstrakt
The GCC nations have recently adopted a new economic develop-
ment strategy focused on decreasing their reliance on oil and en-
couraging diversification through investment in non-oil sectors. The
digital economy stands out as a promising emerging sector with the
potential to drive economic diversification, increase added value, and
generate job opportunities. Recognizing its importance, GCC coun-
tries are supporting and promoting digital entrepreneurship activities
to develop the digital sector. This research examines the factors af-
fecting the intention to engage in digital entrepreneurial ventures in
GCC countries. To do so, the analysis relies on primary data collected
through a questionnaire distributed to a sample of 229 graduates in
management, IT, and computer sciences from the Gulf region, all of
whom have expertise in digital entrepreneurship. The study employs
the Structural Equation Modeling (SEM) and identifies five key fac-
tors influencing the intention to pursue digital entrepreneurship and
develop the digital economy. These factors include literacy and digi-
tal culture, education and training in entrepreneurship and the digital
economy, knowledge of digital entrepreneurship, digital infrastruc-
ture, and government policies and support mechanisms for the digi-
tal business sector. This research provides policymakers in the GCC
region with recommendations, such as fostering a broader digital cul-
ture within society and promoting education and training programs
focused on digital entrepreneurship. These insights are designed to
support Gulf countries in diversifying their economies, enhancing re-
gional competitiveness, and positioning themselves as hubs for digital
innovation in the global marketplace.
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