International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Factors Influencing the First Generation Entrepreneurs: An Analytical Study on the Graduates of UAE Universities
Dr. Samia Kargwell, Dr. Srinivas Inguva

Abstract
Entrepreneurship is the process of discovering new ventures of combining resources. In a competitive resource market it is not only very hard to the new entrepreneurs to get interest and to choose the appropriate line of enterprise’s activity but also to sustain successful entrepreneurial activities in a highly competitive business environment in UAE. . The profit entrepreneurs might make would reflect the amount by which they have increased the value generated by utilizing the resources under their control. Mistakes in their judgment are part of the entrepreneurial learning process, or discovery, which is vital to the efficient operation of markets. In this context, the authors of the present research study are interested to conduct a survey on recent graduates of various universities located in the United Arab Emirates to investigate their new business ideas to conduct a business activity, key success factors, their perception to business opportunities post –recession era, and sustainability of their business success. The methodology adopted in preparing this paper is based on one-on-one interviews with fifty entrepreneurs from diverse backgrounds, in selected universities across the UAE. The study is limited to the UAE and the study results may be useful for regional policy implications.

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