Institutional Support for Entrepreneurship Development: A Scenario of SMEs in KSA
Journal Title: Saudi Journal of Business and Management Studies - Year 2018, Vol 3, Issue 4
Abstract
Abstract:SMEs are recognized as a most effective mechanism to push economic and social development. Their role becomes more important in Saudi economy which is in the diversification stage in an attempt to reduce KSA dependence on oil and to realize the Vision 2030. The government has established various institutions and working along with private sector to offer SMEs financial, technical and training support aimed at development of entrepreneurship. In this paper an attempt has been made to examine the status of SMEs and to identify & study the activities of the institutions extending financial and non-financial support to SMEs. The researcher has examined thirteen main institutions which are playing an important role in providing support in the areas of technology, marketing, financing, training, incubators, consultancy and policy & incentives. Finally suggestions have been extended for further improvement in order to capitalize the opportunities resulting in development and growth of entrepreneurship. Keywords: Entrepreneurship Development, Need for Institutional Assistance, Institutions Providing Financial and Non-Financial Support.
Authors and Affiliations
Hassan K Al Mahdi
Keywords
Related Articles
- EP ID EP397918
- DOI -
- Views 175
- Downloads 0
The Impact of Leverage Financing on Financial Performance of Some Manufacturing Industries in Nigerian Stock Exchange
AbstractIn this study, financial leverage was to be exploded to ascertain its impact on financial performance. The data for this research were accessed through secondary source. A total of twenty four (24) manufacturing...
What Determines Real Exchange Rates? Evidence from Asia
Abstract:This study examines the macroeconomic factors which are affecting to real effective exchange rates (REER) from selected ten countries in Asia. Two panel regression approaches namely fully modified ordinary least...
Customer’s Awareness and Attitude Towards Interest Under Islamic Law and Shari’ah-Case of People’s of Zanzibar
Abstract: The main aim of this study was to determine the influence of consumers’ awareness and attitude toward interest under Islamic law and Shari’ah. The study used a target population of peoples of Zanzibar which was...
Improving Competitive Advantage through Talent Management, Local Wisdom and Innovation (Case Study in SMEs South Bandung)
Abstract: Research on Local Wisdom, Innovation and Talent of Management on SME Competitiveness by using quantitative approach and survey method. The sample of the research is 61 people. Data were collected using question...
A Case Approach to the Business Model Canvas: Huizenga College’s Business Model
Abstract:This paper engages Business Model Generation via the Business Model Canvas developed by Osterwalder and Pigneur as a case-based approach to understanding organizational challenges and crisis stemming from busine...