scholarly journals The Role Of Business Incubators In The Economic Development Of Saudi Arabia

2014 ◽  
Vol 13 (4) ◽  
pp. 853 ◽  
Author(s):  
Mohamed Imam Salem

Business incubators are perceived to be a mainstay of economic development programs. They create value by combining the entrepreneurial drive of a startup with resources generally available to new ventures. Among the primary objectives of business incubators are creating employment opportunities in the local economy and commercializing technologies. Saudi government has put high-growth, innovative businesses at the heart of its economic agenda.The aim of this paper is to enhance understanding of how business incubators function and their impact on national development and growth of a developing nation. First, the paper reviews the literature on the relationship between business incubators and economic development; then the paper provides an analysis of the characteristics and objectives of business incubators in Saudi Arabia. The paper also examines the significant contribution of business incubators in promoting economic growth and development of Saudi Arabia. The paper points out the importance of introducing business incubator strategies and programs and the role of such important moves in ensuring sustainable value creation and building of wealth.

Author(s):  
Sachin A Meshram ◽  
A. M. Rawani

Entrepreneurial ecosystems are a strategy that is designed to nurture economic development by promoting entrepreneurship, small business growth, and innovation. Ecosystems represent a new direction for entrepreneurship research that simultaneously increases knowledge of the complex contextual environments surrounding the entrepreneurship process, while at the same time providing useful contributions to policy debates around the role of high-growth entrepreneurship as a driver of regional economic development. This article reviews the concept evolution; different definitions and factors of entrepreneurial ecosystems. Additionally, it provides approaches of past contributions about entrepreneurial ecosystem. This article contributes to knowledge generation and provides further research directions. This study is an attempt to cover the different articles that exist on the entrepreneurial ecosystems.


2004 ◽  
Vol 5 (1) ◽  
pp. 107-127
Author(s):  
Caroline Piquet

For over a century in Egypt, the Suez Canal Company reflected the role of the concession in European economic expansion overseas. Concession was a European business practice widespread in Egypt; it was an institution inherited from a system of privileges for Europeans since the Middle Ages. It promised a way for Egypt to adopt modern infrastructures and receive needed European help for digging the canal. The results of the Suez Company are indisputable: the desert of the Suez Isthmus became a lively economic region with active ports, growing cities, and an expanding labor force. And the region was linked to the rest of the country by a new road network. At the same time, however, the concession system denied Egypt full benefit of this infrastructure. The canal served the financial and strategic interests of the company, not the interests of the local economy. This outcome embodied all the contradictions of the concession system: on the one hand, concessions were a necessity for modern infrastructure development in Egypt; on the other, they were a hindrance to further national economic development.


2020 ◽  
Vol 4 (4) ◽  
pp. 519
Author(s):  
Nur Aini Fitriya Ardiani Aniqoh

This study analyzes The Role of Digital Economy  to Enhancing Sustainable  Economic Development. The general objective of this research is to assist the government in determining the right policy on the implement of digital economy and its impact on the the sustainable economic development, especially in Indonesia. In Indonesia the digital economy has increasingly developed in the field of ecommerce. The ecommerce industry is not merely talking about buying and selling goods and services via the internet. But there are also other things in it such as inter-service providers, telecommunications providers and others. This is the reason why the ecommerce industry must be adapted to be able to push the economic pace forward. The government is currently declaring Indonesia as the largest digital economy in 2020 and is targeted to be the largest in Southeast Asia. One of the foundations of national development in this declaration is the digital sector. The government targets ecommerce transactions to reach US $ 130 billion and creates 1,000 technopreneur with a business value of US $ 10 billion in 2020.  Therefore this research will provide policy benefits in strengthening government institutions in order to control the implementation of digital economy in Indonesia so that it give the positive impact on the sustainable economic development to be able to prosper the community and have a positive impact on the environment and increasing the economic value.


2016 ◽  
Vol 1 (2) ◽  
Author(s):  
Gustavo Henrique Sperandio Roxo

<p><strong>COMPRAS PÚBLICAS COMO INSTRUMENTO PARA O DESENVOLVIMENTO ECONÔMICO NACIONAL: NOVIDADES E QUESTIONAMENTOS ORIUNDOS DAS ALTERAÇÕES PROMOVIDAS PELA LEI Nº 12.349/2010 </strong></p><p><strong>Resumo:</strong> O poder de compra do Estado é um instrumento relevante para a promoção do desenvolvimento econômico nacional, em especial quando alinhado a outros mecanismos de política industrial de corte vertical. Considerando a magnitude das compras públicas no Brasil, torna-se ainda mais necessário que os certames licitatórios atendam não apenas ao interesse primário da Administração Pública (maior “vantajosidade” nas contratações), mas também realizem políticas públicas vinculadas aos objetivos constitucionais que imperativamente moldam toda a atuação do Estado brasileiro. Neste sentido, torna-se essencial compreender como as alterações promovidas no art. 3º da Lei Geral de Licitações (Lei n.º 8.666/1993) possibilitam a efetiva conformação de políticas públicas a partir do mecanismo das compras governamentais. O presente estudo abordará especialmente as disposições legais e regulamentares que tornam subsistente a concessão de tratamento privilegiado na aquisição de produtos manufaturados e/ou serviços nacionais, seja a partir da instituição de margens de preferência, seja pela restrição à participação de bens importados nos certames licitatórios.</p><p><strong>Palavras-chaves:</strong> margem de preferência; licitações; tratamento privilegiado; restrição a bens importados; desenvolvimento nacional sustentável.</p><p><strong>PUBLIC PURCHASES AS AN INSTRUMENT FOR NATIONAL ECONOMIC DEVELOPMENT: NEWS AND QUESTIONS FROM THE AMENDMENTS PROMOTED BY LAW Nº 12.349 OF 2010</strong></p><p><strong>Abstract:</strong> Public policies can be managed by the application of measures that restrict the government’s purchase of supplies, producing relevant effects in the economic development, especially when these mechanisms are aligned with other vertical industrial policy measures. Considering the magnitude of Brazilian government procurement budget, it becomes strictly necessary that bidding processes conform also the purpose of promoting public policies connected to the economic constitutional aims, that necessarily must shape the role of Brazilian State. This work paper aim to understand how the changes introduced by the art 3º of the General Procurement Law (Law n.º 8.666/1993) allow the effective shaping of public polices from the mechanism of government procurement. This study will discuss in particular legal tools that make subsistente the privileged treatment concession in the puchase of manufactured goods and/or national services, either from the institution of preference margins, either by restricting the participacion of imported goods in the bidding processes.</p><p><strong>Keywords:</strong> preference margins; government procurement; privileged treatment; national development; bidding processes.</p><p><strong>Data da submissão:</strong> 09/11/2016                   <strong>Data da aprovação:</strong> 09/12/2016</p>


2018 ◽  
Vol 6 (1) ◽  
pp. 1-8
Author(s):  
Irmawita Irmawita

The essence of national development is to build on a solid foundation and strong foundation in the form of certain conditions in various national life. Community development there are two challenges that need to be considered to build the organization (organization development) and economic development (economic development). In the development of organizations, the organization is the frame work of every form of cooperation to achieve a common goal, therefore it needs to be built on the basis of a democratic, dynamic and harmonious relationship. Likewise with the elderly community groups, based on Boyle's taxonomic thinking about the type of non-formal education is divided into three types: developmental, institutional, and informational. Developmental programs are also called community development programs, where the main program objectives are solving social, economic, cultural, political, and defense and security problems facing the target group through action programs. An instituional program is also called a training program aimed at mastering a set of capabilities (knowledge, attitudes and / or skills) by the target group. While the informational program can be called also with counseling or publicity, aims to achieve a set of information by the target group. Thus the community development program is one of the types of non-formal education programs.


2014 ◽  
Vol 13 (5) ◽  
pp. 1047 ◽  
Author(s):  
Mohamed Imam Salem

A knowledge-based economy is one of the vital components of modern economies. Growth in most of the economies of the world, and most developed economies in particular, are increasingly based on knowledge. In a knowledge-based economy, economic development is dependent on investments in education, learning and training, among others. Universities are today becoming aware of the essential role that higher education plays in the construction of knowledge-based economies. The kingdom of Saudi Arabia (KSA) has adopted the drive toward a knowledge-based economy through focusing on the higher education sector. Saudi Universities are playing a pivotal role toward the Kingdom's transition into a knowledge-based economy and hence achieving economic growth and development. The purpose of this paper is to critically examine the important role that universities play in building a knowledge-based economy through innovation, research commercialization, and technology transfer as economic development policies. The role of universities in building a knowledge-based economy in Saudi Arabia is also investigated. The paper confirms that Saudi universities are considered as a very important entity in the aim for the Saudi economy to achieve sustainable growth and development.


2020 ◽  
Vol 12 (4) ◽  
pp. 212-243
Author(s):  
Jorge Guzman ◽  
Scott Stern

Assessing the state of American entrepreneurship requires not simply counting the quantity but also the initial quality of new ventures. Combining comprehensive business registries and predictive analytics, we present estimates of entrepreneurial quantity and quality from 1988 to 2014. Rather than a secular pattern of declining business dynamism, our quality-adjusted measures follow a cyclical pattern sensitive to economic and capital market conditions. Consistent with the role of investment cycles as a driver of high-growth entrepreneurship, our results highlight the role of economic and institutional conditions as a driver of both initial entrepreneurial quality and the scaling of new ventures over time. (JEL G24, G32, L25, L26, M13)


2020 ◽  
Vol 35 (3) ◽  
pp. 257-268
Author(s):  
Thanyani S Madzivhandila ◽  
Mazanai Musara

Local economic development policies around the world increasingly emphasise entrepreneurship as a tool to mobilise local and indigenous economic potential. This paper explores the role of local municipalities in entrepreneurship development in South Africa. In particular, it provides a critical review of local economic development strategies and their effect on entrepreneurial development. Special attention is placed on deeply rural municipalities, primarily because of their marginalisation from national development efforts and the acute need for entrepreneurial development to tackle the triple challenges, which are unemployment, poverty and inequality. The paper argues that local municipalities should play a pivotal role in enhancing the development and upliftment of entrepreneurs in their areas of jurisdiction. The paper uses an integrative literature review method in which sources such as academic journal articles, reports and books are analysed, critiqued and synthesised. Lessons are drawn from other developed and developing nations, combined with the observations and thorough review of literature, to develop a framework that can inform South African Local Municipalities in mobilising entrepreneurship development in their communities. The paper concludes that for entrepreneurship development to be strengthened and for local economic development to be accomplished, local municipalities should invest in the development of entrepreneurship within their municipalities.


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