scholarly journals The role of entrepreneurship in achieving competitive advantage

2021 ◽  
Vol 12 (01) ◽  
Author(s):  
Hoda Ahmed Ibraheem ◽  
◽  
Alhanof Mohammed Alshuraym ◽  

Despite the importance of promoting entrepreneurship in business activities to achieve a competitive advantage, a large proportion of business firms fail to make entrepreneurship a reality in their work. In addition, these constraints make it possible to gain a competitive advantage in the problems of the market in particular that modern markets are full of rivals and fast-paced changes in various variables. In light of this, the researcher carried out this study to investigate the role of entrepreneurship in achieving competitive advantage in SMEs. By using the descriptive-analytical approach, developing a questionnaire tool and distributing it to a sample of 100 administrators working in SMEs in Saudi Arabia. The results of the study showed that there is a positive relationship in the role of entrepreneurship in achieving competitive advantage in small and medium enterprises in the Kingdom of Saudi Arabia.

2020 ◽  
pp. 196-205
Author(s):  
Ahlam Otaibi Alghanmi

There is a lack of studies on innovations and competitiveness in Small & Medium Enterprises (SMEs) in Saudi Arabia; to fell this gap, this paper will study change as the competitive advantage for Small and Medium Enterprises: the case for the Kingdom of Saudi Arabia. The study aims to explore different practices of SMEs in the Kingdom of Saudi Arabia to examine the impact of innovation strategies (Organizational, Product, Process, and Market) on the competitive advantage of SMEs. The study was conducted on one hundred and forty-seven (147) SMEs that are practicing different activities in the Kingdom of Saudi Arabia. The study's analysis indicates that most of the enterprises were young (operation years were less than ten years), which shows the strong need to apply innovative strategies to maintain their position and competitiveness in the market. Competitive advantage enables the firm to utilize its resources efficiently and maintain high levels of quality performance. The results show that the correlation between Innovation strategies such as product innovation strategy, market innovation strategy, process innovation strategy, and organizational innovation strategy practiced by SMEs in the Kingdom of Saudi Arabia and competitiveness was Positive. Therefore, it indicates that different innovation strategies were significantly influencing the competitiveness of the SMEs. To remain a competitor enterprise in the market is not a natural or an easy attempt, and it can be challenging for SMEs, especially without the needed knowledge and support. Findings and recommendations of the study can be used as a guideline for SMEs. Also, emphasizing on the importance of education that plays a vital role in SMEs innovations. It is essential to establish with different research centers and universities in the Kingdom of Saudi Arabia programs or activities that focus on changes in business, and it will result in gaining competitive advantage and sustainability for Small and Medium Enterprises in the market. Keywords: competitive advantage, innovation, small enterprises, medium enterprises.


Author(s):  
Ali Nageh Ali Mansour

The aim of this research is to analyze the most important obstacles and challenges facing small and medium enterprises within the Kingdom of Saudi Arabia in the light of international experiences, and to analyze and evaluate the role of the Small and Medium Enterprises Authority “Monshaat” in facing challenges facing small and medium enterprises inside the Kingdom; and to know the true reality of small and medium enterprises in The Kingdom of Saudi Arabia as well as reaching the hoped- for according to 2030 Vision, which aims to reform the Saudi economy and continue its growth and end its dependence on oil as a main source of income. The researcher analyzed the current situation of small and medium enterprises in the Kingdom of Saudi Arabia and compared them to the global situation through studying and analyzing leading global experiences and identifying aspects of benefiting from them. The research relied on the deductive approach, which is the approach that begins with the theory and ends with its applicability to the ground. The research also used the descriptive approach to describe the topic of the research, its importance, goals, and the most important studies that dealt with the role of small projects in economic development both inside and outside the Kingdom. The comparative approach to making comparisons from and reviewing the experiences of other countries and extracting lessons learned from them. It also relied on the standard method, which aims to measure economic phenomena and variables. This research found that there are many difficulties that hinder these projects from achieving the goals of the vision, including obtaining financing, as the rate of financing small enterprises does not exceed 5% of the total financing in the Kingdom. It is a small percentage compared to international rates. The result is a decrease in the contribution of small and medium enterprises to the gross domestic product if they do not exceed 20% and 53% of jobs in the Kingdom of Saudi Arabia. The Kingdom's Vision 2030 aims to raise this percentage to 35% by 2030, and this percentage reaches about 70% in developed countries, The number of small enterprises reached 12% of the number of projects for the year 2018, and it contributes about 29% of the total revenues of enterprises, according to the data for the second quarter of 2016. The researcher recommends decision- makers and those who are interested in business leaders inside the Kingdom to overcome the challenges facing small projects and entrepreneurs by providing them with adequate support, whether material or logistical support or both together, and work to establish a financial fund to finance small and medium projects with low benefits, and share the fund with proportions Certain of the annual profits during a specific period, depending on the value of the loan, the size of the facility, the value of revenue, the idea of ​​the project, and converting the Public Authority for Small and Medium Enterprises in the Kingdom into an independent ministry whose mission is to take great care of small projects and For medium.


2013 ◽  
Vol 1 (1) ◽  
pp. 191 ◽  
Author(s):  
Zachary B. Awino

The Paper is the research findings on the role of strategic planning and competitive advantage of ICT Small and Medium Enterprises in Kenya. Literature suggests that the contemporary business environment in which organisations operate is increasingly becoming uncertain and unpredictable. Significant changes are mostly driven by technological changes, globalisation and trade liberalisation. As a result, like large enterprises, SMEs are facing new and unexpected challenges that threaten their competitiveness. While most countries acknowledge the critical role that SMEs contribute to their economies, both as an engine of growth and sustainable development, many questions still remain unanswered as to the determination of the critical challenges facing SMEs and how these challenges could be addressed to improve their competitiveness. These challenges have increased the need for empirical information which is essential for decision making in addressing issues that are likely to enhance SMEs survival and growth. It is noted that there has been no adequate research studies on the role of strategic planning and competitive advantage of SMEs. This study contributes to the need to address the research gaps and thus explored the role of strategic planning and competitive advange of SMEs in Kenya. The study population consisted of 238 ICT SMEs from Nairobi and its environs. A sample size of 146 firms constituting 61 per cent of the total population was selected through stratified sampling. The study aimed to collect data from 438 respondents from top, middle and lower management teams. Structured questionnaires with closed and open ended questions was used for data collection, 239 responses were received from 123 ICT firms a response rate of 55 per cent and 84.2 per cent respectively. Key characteristics of strategic planning including formality, environmental analysis processes both internal and external orientations, strategies adopted, and implementation and control were recorded. Data analysis was done using descriptive statistics, factor analysis, t-test, ANOVA, correlation, correlation matrixes and regression analysis. The key findings revealed that strategic planning has significant and positive influence in performance of SME’s. The test of hypothesis revealed that strategic planning has positive and significant influence on competitive advantage. The study demonstrated strategic planning as a learning tool and a strategic resource which is consistent with the underlying assumptions of resource based theory, systems theory, chaos theory and balanced score card model assumptions. It is envisaged that, this kind of research is likely to generate useful discussions on the role of strategic planning and performance, of SMEs. It is apparent that entrepreneurs of SMEs cannot ignore strategic planning as significant changes in competitive advantage is the result of change or effective application of strategic planning. Policy makers and academicians may need to address the capacity needs of SMEs and develop strategic planning model that address the challenges that SMEs encounter in a dynamic environment.


2021 ◽  
Vol 12 (3) ◽  
pp. 111-128
Author(s):  
Aljohara Fahad Al Saud

Identifying language affiliation among children for family immigrants is crucial for one’s language identity. This study aimed to determine the role played by Arab families in the Kingdom of Saudi Arabia, Austria, and Britain to attain language affiliation among their children. It also aims to identify the challenges facing families living in these countries in achieving language affiliation among their children. The study population consisted of all the families that live in the Kingdom of Saudi Arabia, in addition to all the Arab families that live in Austria and Britain and the study sample included (120) parents. The researcher adopted the descriptive-analytical approach and used the questionnaire as the study tool. The study reached several results; first, the role played by families in the Kingdom of Saudi Arabia, Austria, and United Kingdom to attain language affiliation among their children got a high degree of response. Second, the challenges facing activating the family’s role in attaining language affiliation of their children in the Kingdom of Saudi Arabia and Austria have got a high degree of response, while in Britain, they obtained a very high degree of response. The study recommended involving all family members in accessing different and creative ways of practicing their native language and activating the role of social media in developing the language affiliation of children.


2019 ◽  
Vol 10 (6) ◽  
pp. 174
Author(s):  
Lara Al-Haddad ◽  
Muhammad Safdar Sial ◽  
Imdad Ali ◽  
Rahmat Alam ◽  
Nguyen Vinh Khuong ◽  
...  

This study is undertaken to find out how SMEs contribute to the economy in terms of employment generation and its impact on the economic growth of the country. Small and Medium Scale Enterprises (SMEs) is accepted globally as a tool for empowering the citizenry and economic growth. In Pakistan efforts have been made by successive governments to increase employment opportunities, reduce poverty and accelerate economic growth by increasing foreign direct investment, diversifying the economy, enacting policy frameworks which favor small business ownership and entrepreneurship programs. Specifically, this study tends to figure out: how SMEs contribute to employment generation, whether a significant number of people is employ within the SME sector; whether the SMEs increase the income level of people. The total number of employees was 255 being selected randomly from Swat marble industries. A questionnaire was constructed and distributed to the selected respondents. The responses were collected and analyzed using the Statistical Package for Social Sciences (SPSS) analytical tool. The study exposes that SMEs play a vital role in employment generation. There is a positive relationship between SMEs and unemployment reduction. The result also shows that there is a positive relationship between SMEs and increase in income level. This study may be beneficial both for practitioners and academicians. For practitioners, the current study may help to devise policies and strategies concerning SMEs to generate employment opportunities. The current study may lead to the generalizability of existing research in the same field as for academic aspect is a concern.


2021 ◽  
Author(s):  
Aljohara Fahad Al Saud

Identifying language affiliation among children for family immigrants is crucial for one’s language identity. This study aimed to determine the role played by Arab families in the Kingdom of Saudi Arabia, Austria, and Britain to attain language affiliation among their children. It also aims to identify the challenges facing families living in these countries in achieving language affiliation among their children. The study population consisted of all the families that live in the Kingdom of Saudi Arabia, in addition to all the Arab families that live in Austria and Britain and the study sample included (120) parents. The researcher adopted the descriptive-analytical approach and used the questionnaire as the study tool. The study reached several results; first, the role played by families in the Kingdom of Saudi Arabia, Austria, and United Kingdom to attain language affiliation among their children got a high degree of response. Second, the challenges facing activating the family’s role in attaining language affiliation of their children in the Kingdom of Saudi Arabia and Austria have got a high degree of response, while in Britain, they obtained a very high degree of response. The study recommended involving all family members in accessing different and creative ways of practicing their native language and activating the role of social media in developing the language affiliation of children.


Author(s):  
Danjuma Tali Nimfa

The purpose of this study is to investigates the effect of organisational culture on the sustainable growth of SMEs; mediating role of innovation competitive advantage. The electrical products small and medium enterprises was the realm of this study. The partial least squares structural equation modelling (PLS-SEM) via SmartPLS was employed to test the hypotheses. Finding of this study revealed that organisational culture has a direct positive significant effect on sustainable growth of SMEs and innovation competitive advantage. Moreover, the study confirmed that innovation competitive advantage has a direct positive significant relationship with sustainable growth of SMEs. Furthermore, the findings established that innovation competitive advantage has fully mediates the relationship between organisational culture and sustainable growth of electrical manufacturing SMEs in Nigeria. This study sets out purposeful measures to encourage owner-mangers of the electrical manufacturing SMEs to maintain as well as installing innovative organisational culture that enhance efficient sustainable growth of SMEs and embedding innovation competitive advantage as a viable strategic mechanism in the enterprise. This study is distinctive because it tries to fill the small and medium enterprises gaps through encouraging managers of the electrical manufacturing SMEs to always strategize for better sustainable growth in the rapidly changing business environment. Keywords: Organisational culture, Sustainable growth of SMEs, Innovation competitive advantage, PLS-SEM (SmartPLS).


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