The Impact of Innovation in the Space Sector on Entrepreneurship: An Empirical Investigation on Oman

The purpose of this research is to investigate the impact of technology advancement, strategic investments, and innovation driven government policies and initiatives on entrepreneurial endeavours, entrepreneurial venture growth, and entrepreneurship success in Oman's space sector. The study used a quantitative research methodology to collect and analyse data from employees of Oman space entrepreneurship companies. The findings show that all three independent variables have a significant impact on the dependent variables, implying that technological advancements, strategic investments, and supportive government policies are important drivers of entrepreneurial endeavours, venture growth, and entrepreneurship success in the space sector. These findings emphasize the necessity of creating a synergistic environment that combines advanced technologies, strategic financial assistance, and innovation-friendly laws in order to develop a successful entrepreneurial ecosystem in Oman's emerging space sector. This study provides useful information for policymakers and business executives looking to boost the sector's growth and competitiveness.