IMPACT FACTORS ON ENTREPRENEURIAL EFFICIENCIES AMONG MICRO-VENTURES: BASIS OF PROPOSING ENTREPRENEURIAL STRATEGIES AMONG OFWs IN THE KINGDOM OF BAHRAIN
Abstract
The critical factors influencing entrepreneurial efficiencies among micro-ventures, specifically focusing on those established by Overseas Filipino Workers (OFWs) in the Kingdom of Bahrain. Recognizing the growing prevalence of OFWs engaging in entrepreneurial endeavors, the research aims to identify both internal and external elements that either enhance or hinder their operational effectiveness and overall success. Internal factors may include, but are not limited to, entrepreneurial skills, access to capital, business planning capabilities, and personal resilience. External factors will encompass market conditions, regulatory frameworks, access to support networks, and cultural influences within Bahrain.
By systematically analyzing these impact factors through a mixed-methods approach, involving surveys with OFW entrepreneurs and in-depth interviews with key stakeholders, this thesis will establish a robust empirical basis for proposing targeted entrepreneurial strategies. The study will employ statistical analysis to identify significant correlations and qualitative analysis to provide rich contextual insights. The ultimate goal is to develop practical, context-specific recommendations designed to optimize the efficiency and sustainability of micro-ventures operated by OFWs in Bahrain, thereby contributing to their economic empowerment, fostering a more inclusive entrepreneurial ecosystem, and providing valuable insights for policymakers and support organizations. This research seeks to fill a gap in existing literature by providing a focused examination of a unique entrepreneurial demographic in a specific geopolitical context.
Keywords: entrepreneurial efficiencies, micro-ventures, entrepreneurial strategies
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