The Influence of Financial Understanding (Fl) and Financial Action (Fb) in Entrepreneurial Motivation (Em)–Insights from The Kingdom of Bahrain
摘要
Entrepreneurship acts as a catalyst for the country’s development by creating new employment opportunities that lead to the country’s economic growth. The Bahrain government is trying to empower the women entrepreneurs of the country by facilitating various business tools for them to succeed in their business. In this dynamic world of business, sound financial knowledge is essential for the success of any organization. It gives entrepreneurs the knowledge and expertise to make correct financial, investment, budgeting, and cash management decisions. Sound financial knowledge empowers entrepreneurs to solve complex financial situations and make correct financial decisions supporting economic growth. In this research, the researcher aims to discover whether financial knowledge and financial actions motivate entrepreneur traits. The sample of this research consists of Royal University for Women students from different academic programs, and a purposive sampling technique was adopted. The researcher used a structured data-gathering tool. PL SEM tool is used to examine the collected information. Results show that business students at Royal University have good financial understanding and financial behavior, which motivates them to become creative businesswomen. The research provides valuable information to academicians and educational institutions, enabling them to concentrate on the development of study plans and to equip students with skills essential for entrepreneurship and financial independence. This will add value to the institution by increasing employability skills and providing the necessary tools to succeed in the business venture.