Entrepreneurship Ecosystem in Arab World: the status quo, impediments and the ways forward
Journal Title: The International Journal of Business Ethics and Governance - Year 2020, Vol 3, Issue 3
Abstract
This paper attempts to provide a holistic understanding of the environment in which entrepreneurs and SMEs and startups operate; the so-called entrepreneurial ecosystem in 22 Arab countries and proposes ways forward to stimulate and enrich the culture of entrepreneurship in the region. The ecosystem domain mapping, inspired by Isenberg’s model, enabled to spot the gaps and constraints in the ecosystem. The measures to energize the ecosystem and the methods of intervention to stimulate entrepreneurship were done using GIZ model. The study concluded that much of the potential for digital entrepreneurship remains untapped by local entrepreneurs but eaten up by foreign businesses dominating the landscape. Thus, there is a high potential in the region for young and women entrepreneurs with the right type of skills and knowledge are instilled, and providing the entrepreneurial ecosystem is enabling. The paper provides some general recommendations and the ways forward.
Authors and Affiliations
Munira Aminova, Slaheddine Mareef, Carlos Machado
Keywords
Related Articles
- EP ID EP692489
- DOI https://doi.org/10.51325/ijbeg.v3i3.37
- Views 200
- Downloads 0
Examining the Key Success Factors for Startups in the Kingdom of Bahrain
With Bahrain Economic Vision 2030, aspiring the shift from an economy that depends on oil wealth to a diversified economy, including startup businesses. A number of startups in Bahrain have been growing at a rapid pace...
Challenges and Difficulties facing Islamic Financial Inclusion in Women's Economic Empowerment in Yemen: Qualitative Approach
The study aimed to explore the challenges and difficulties faced by Islamic financial inclusion through Islamic financial institutions (banks, microfinance, insurance) in women's economic empowerment in Yemen. This will...
Public Governance in the Public Sector: Literature review
The study aims to investigate the impact of public governance on the implementation of the National Audit Office’s recommendations in the Kingdom of Bahrain. It measures the impact of public governance on reducing the to...
Determinants of Inflation in Palestine
This study aimed at identifying the most important determinants and economic factors affecting inflation rates in Palestine during the period (2000-2014), in order to help in reducing its effects on the Palestinian econo...
The Importance of the Accounting Disclosure as a Mediator Factor between the Shareholders of the Cash Waqf in the Kingdom of Saudi Arabia: The Theory of Planned Behavior
The study aimed to clarify the importance of accounting disclosure on the behavior of Cash Waqf (endowments) contributors through the theoretical approach and literature review. In addition, the study tests whether oblig...