From Employment to Entrepreneurship: Profiling Filipino Overseas Workers in Abu Dhabi, UAE with and without Business Ventures

Abstract

Overseas Filipino Workers (OFWs) in Abu Dhabi, UAE, are increasingly venturing into entrepreneurship, yet little research explores their entrepreneurial endeavors and the factors influencing their decisions. This study profiles OFWs with and without businesses, examining motivations, challenges, and opportunities. Employing a descriptive quantitative design, data was collected from 100 OFWs via Google Forms. Findings reveal a diverse demographic profile, with a majority being female, married, and holding bachelor’s degrees. Most OFWs have moderate incomes, significant family dependents, and extensive work experience abroad. While 32% have initiated businesses, motivations include financial independence and skills utilization. Challenges include competition and capital constraints. Lack of capital and entrepreneurial knowledge hinder entrepreneurial pursuits for others. Nonetheless, OFWs express varied career aspirations, from concurrent entrepreneurship to full-time ventures. Recommendations include tailored entrepreneurship support, investment promotion, training initiatives, and reintegration programs. Understanding OFWs' entrepreneurial landscape is crucial for policymakers and stakeholders to support their economic growth and aspirations effectively.