Entrepreneurship and Job Creation in Jordan: Challenges and Prospects for Start-ups
The aim of this article is to assess entrepreneurship activities in Jordan and present how start-ups reduce unemployment. The article also explores the challenges that start-ups face and how such challenges hinder entrepreneurs from engaging in business smoothly. The sample of the study comprises two hundred start-ups distributed in different regions in the country. The method of analysis employed is primarily descriptive statistics in the form of frequencies. Moreover, the binary logit model is used to check the prospects of self-employment and business creation attitudes among youth. The findings of the study reveal that entrepreneurship is one of the main strategies for creating jobs in Jordan, and it contributes to the overall growth of national economy. The study also reveals that the major challenges to engage in start-ups are related to financing and fundraising, regulations of taxation and interpretations of laws. The study also identified a considerable lack of entrepreneurial training at the early stages of business creation.
Al-Mubaraki, H., & Busler, M. (2017). Challenges and opportunities of innovation and incubators as a tool for knowledge-based economy. Journal of Innovation and Entrepreneurship , 6 (15), 1-18.
Al-Zu’bi, M., Vesela Radovic, M. A. Z. B., & Radovic, V. (2018). SDG11 and the Associated Challenges to Implementation', SDG11–Sustainable Cities and Communities: Towards Inclusive, Safe, and Resilient Settlements (Concise Guides to the United Nations Sustainable Development Goals) (pp. 21-76). Emerald Publishing Limited.
Arabiyat, T., Sandri, S., & Alkhatib, W. (2017). Global Entrepreneurship Monitor:Jordan National Report 2016/2017. Jordan Enterprise Development Corporation and Centre for Strategic Studies.
Caputo, A., Mehtap, S., Pellegrini, M., & Al-Refai, R. (2015). Supporting Opportunities For Female Entrepreneurs In Jordan. International Journal of Entrepreneurship and Small Business , 6 (4), 1-18.
Daksa, M., Yismaw, M., Lemessa, S., & Hundie, S. (2018). Enterprise innovation in developing countries: an evidence from Ethiopia. Journal of Innovation and Entrepreneurship , 7 (6), 1-18.
Gonthier, J., & Chirita, G. (2019). The role of corporate incubators as invigorators of Innovation capabilities in parent companies. Journal of Innovation and Entrepreneurship , 8 (8), 1-18.
Kalaldeh, F., & Al-Homsi, J. (2019). Jordan’s Startup Economy:Assessing the economic contribution and potential of tech and tech-enabled startups. Deutsche Gesellschaft für and Internationale Zusammenarbeit (GIZ) GmbH.
Kharouf, A., Dababneh, A., & Akhal, R. (2007). Women Business Owners in Jordan: Characteristics, Contributions and Challenges. The Center of Arab Women for Training and Research and The International Finance Corporation.
Omet, G., Shami, M., & Bino, A. (2015). Entrepreneurship In Jordan: Regional Analysis And Envisaged Role. Research Journal of Business and Management , 2 (3), 323-333.
Schiff, A., Schmidt, N., & Troncoso, J. (2015). Entrepreneurship Environment Assessment In Jordan : Silatech Research and Policy Report. University of Minnesota.
Copyright (c) 2020 Journal La Bisecoman
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.