scholarly journals An Investigation of the Role of Female Entrepreneurship in The Economic Development of Saudi Arabia

Author(s):  
Afrah Alrasheedi ◽  
Ghaith Abualfalayeh

Abstract: In the modern days, the role of female entrepreneurship has been expanded in the market and they also play their essential role in the contribution in the economic development for their respective nations. The aim of the study is to analyse and investigate the role of female entrepreneurship in the development of the economic condition in Saudi Arabia. The introduction section mainly sheds light on the research aim, objective and the research questions in order to provide the abrupt understanding of the research. The section also provides the justification for the research along with the structure of the study. In addition to this, the research methodology section provides a complete understanding of the research philosophy, approach, and design and data collection method. Additionally, in this research, the data has been collected with the help of secondary research. In the data finding section, the research provides the different types of theme in order to highlight the role of female entrepreneurship in the development of the national economic condition. Entrepreneurship development by women's group has been one of the major realms that are adopted by various organisations all over the world. The presence of various traditional and cultural norms has restricted women from attaining entrepreneurship engagement for a successful business environment in the Saudi Arabian region. This is because the Saudi Arabian government has laid the Limited number of services that a woman can avail in the economic framework of the country. The study claims to identify the benefits and challenges that arise while reforming the existing architecture and economical background of Saudi Arabia to that of the women employment criteria in business operations. In other words, the facilitation of women to attain Entrepreneurship and self-governing business need to be attained in order to gain economic growth regarding the financial aspects of the country. The study considers several theoretical frameworks including the Krueger and Brazeal's model of entrepreneurship potential so as to investigate perceived official feasibility propensity to act and perceive desirability for women in employment. Deducing entrepreneur opportunities regarding women residing in the Saudi Arabian region has often been our challenging aspect as religious and cultural rights are post against women. However, the importance of including women in business has been observed to provide the country in attaining business growth in the Global region of operation. Similarly, the Saudi Arabian region upon having a strong oil refinery bass would also be required to make them self-independent of another business sector that is to be developed in that region. The study provides a detailed analysis through data collection from various samples in an exploratory way to reduce conclusions regarding the benefits of including women in entrepreneurship and development. In the conclusion and recommendation section the research draft the overall summary of the research and provide the objective linking. The objective linking helps the researcher to correlate with the section of the study and where the specified objective has been met. The research future scope and limitation has been providing that in future the research scholar needs to expand the research in the form of open-ended and interview questionnaires in order to collect the individual aspects regarding the topic. The recommendation has been provided to the authority and society so that they can able to promote the female entrepreneurship activities for the development of the national economic condition.

2019 ◽  
Vol 11 (2) ◽  
pp. 37-41
Author(s):  
Cristina Maria BĂTUȘARU ◽  

Ensuring a sustainable management in the field of SMEs is an essential condition of the market economy and is the premise of an efficient and successful collaboration between the public and the private environment. The continuation of the structural reforms meant to support the mechanisms of the competitive economy represents an essential condition of the Romanian state in its social-economic development efforts. Considering the role of the SME sector in ensuring a favorable climate for the national economic progress, this paper addresses a quantitative and qualitative analysis of the small business sector in Romania, aiming to identify the main challenges that the Romanian state faced during the period 2008-2017. This analysis aimed to establish the main weaknesses and strengths that Romania has demonstrated during the period analyzed in order to outline a set of recommendations that the Romanian state should follow in implementing its policies in the SME sector, in order to be ensure sustainable and prospective economic development management.


2021 ◽  
Vol 235 ◽  
pp. 02011
Author(s):  
He Jiang ◽  
Yonghui Cao

With the development of knowledge economy and the advancement of economic globalization, strategic emerging industries have become the leading industries for a country or region to achieve sustainable economic growth in the future. They are the high integration of emerging technologies and emerging industries, and the driving force of national economic growth. They play an important guiding and decisive role in the national economic growth and the transformation and upgrading of industrial structure. In recent years, China’s strategic emerging industries continue to grow rapidly, and have made remarkable achievements in innovation and development, which play an important role in the national economic growth and the transformation and upgrading of industrial structure, but there are also shortcomings. Based on the current situation of the development of strategic emerging industries, this paper analyzes the role of strategic emerging industries in economic development, and puts forward countermeasures and suggestions for strategic emerging industries to boost high-quality economic development.


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 22 (2) ◽  
pp. 215-226
Author(s):  
Hoang Anh Nguyen ◽  
Tam To Phuong ◽  
Thuy Thi Bich Le ◽  
Linh Phuong Vo

The Problem According to the Mastercard Index of Women Entrepreneurs, 31.3% of businesses in Vietnam are owned by women, placing Vietnam at the sixth out of the 53 surveyed economies. Despite the prevalence of female entrepreneurship in Vietnam, little is known about the motivations, challenges, and success factors of those occupying this vibrant sector of the Vietnamese economy. Greater knowledge of how women entrepreneurs perceive themselves and the Vietnamese business environment could stimulate greater support for their personal and career development. The Solution This study aims to explore Vietnamese women entrepreneurs’ motivations, challenges, and success factors. This qualitative research study provides (a) a brief introduction to the business context and the role of women entrepreneurs in Vietnam; (b) findings on Vietnamese women motivation for to starting and running business, as well as the challenges they face, and factors contributing to their success; and (c) recommendations for government policies, business communities, and the development of female entrepreneurs in Vietnam. As few research studies on women business owners in Vietnam are available, this empirical study can contribute to more effective practice and further research on this cohort in Vietnam. The Stakeholders Recommendations provided in this study will help governmental policymakers, business communities, and female entrepreneurs in Vietnam.


2019 ◽  
Vol 22 (2) ◽  
pp. 152-172 ◽  
Author(s):  
Raymond Saner ◽  
Lichia Yiu

Purpose The purpose of this paper is to assess how far Jamaica has come regarding women economic empowerment, female entrepreneurship and its development policies in favour of women entrepreneurship development. Design/methodology/approach This exploratory study employs a mixed method approach to achieve its research objectives, consisting of literature review and corroboration with existing database and indices. Key insights of research on female entrepreneurship are used to reflect on published data to assess progress of female entrepreneurship development in Jamaica. The 2017 editions of the Global Entrepreneurship Monitor and Gender Entrepreneurship and Development Index were examined to gain a better understanding of how the Jamaican business environment has progressed or regressed over time and how the economic development and business environment impact female participation in Jamaica’s labour force and entrepreneurial initiatives. Findings The economic conditions in Jamaica and the role of females as domestic caregiver have made it difficult for women to enter the labour force even though Jamaican women are relatively better educated than men. Women remain at a disadvantage in the labour force. Jamaica’s legislation and budget allocations in favour of female entrepreneurship are analysed to identify where and how Jamaica is investing its efforts to improve women’s participation in the labour force. The authors conclude with suggestions on how the Jamaican government could facilitate further women entrepreneurship development to reach a more gender balanced inclusive socio-economic development. Originality/value While global policy has been promoting women empowerment through entrepreneurial development, little is known on the actual outcome of such human capital investment strategy and the critical vectors that contribute to such outcome. This scarcity of knowledge is also applicable to Jamaica. This paper attempts to contribute to women entrepreneurship research by reaching beyond the output-oriented perspective of various skill development programmes and attempts to link policy choice with overall macro results of entrepreneurship development in general and women entrepreneurship development in specific. The study thus provides a rare glimpse of the entrepreneurship ecosystem in Jamaica.


2016 ◽  
Vol 25 (3) ◽  
pp. 479-492 ◽  
Author(s):  
RUAIM MUAYGIL

Abstract:The question of whether there is justification for physicians to participate in state-sanctioned corporal punishment has prompted long and heated debates around the world. Several recent and high-profile sentences requiring physician assistance have brought the conversation to Saudi Arabia. Whether a physician is asked to participate actively or to assess prisoners’ ability to withstand this form of punishment, can there be an ethical justification for medical training and skills being put toward these purposes? The aim of this article is to examine aspects of Islamic law along with the different professional and religious obligations of Saudi Arabian physicians, and how these elements may inform the debate.


2019 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
Adi Putra ◽  
Hasan Basri

UMKM are very important to note because UMKM are a driver of national economic development. The important role of UMKM is the most productive sector at the time of the monetary crisis in Indonesia. The development of UMKM is also the most important element for economic development policies to create jobs, equal income, economic growth, alleviate poverty and increase income for the regional economy. This study aims to determine how the socio-economic conditions of UMKM actors in the Tourism Object area of the Muaro Jambi Temple Complex, with descriptive statistical analysis methods, frequency analysis, factor analysis and influence tests to determine the effect of independent variables and dependent variables. the results of this study find out how the socio-economic conditions of Micro, Small and Medium Enterprises in the area of Tourism Object Muaro Jamb ensemble complex, and obtained models and strategies for business development from social capital owned by the community.


Bankarstvo ◽  
2021 ◽  
Vol 50 (1) ◽  
pp. 66-89
Author(s):  
Snežana Knežević ◽  
Aleksandar Živković ◽  
Stefan Milojević

Modern banks have a specific role and a whole range of functions of paramount importance, as financial institutions for granting loans, creating loans, mobilizing savings and economic development. In the financial sector, there is a growing number of people who are using increasingly innovative and creative ways of targeting all perceived weaknesses in banks and credit approval systems. The persons committing fraud have become increasingly sophisticated, which means that measures to prevent fraud must be constantly developed to ensure that they are able to deal with the threat. The fight against fraud is crucial for financial services institutions. This article aims not only to briefly describe the role of internal control and internal audit in detecting possible fraud in banks, as profit-oriented organizations in today's complex and highly changing business environment, but also to point out the advantages they have in the more efficient management of bank activities.


Author(s):  
Teuku Qadarisman ◽  
Zakiah Zakiah ◽  
Suyanti Kasimin

Rural economic development is an important thing to do given the national economic development should start from the village. One of the efforts that can be done to develop the economy of the village is through entrepreneurship village, which can be the strategy in the development and growth of the welfare of the village community. Entrepreneurship village can be developed through the establishment of Badan Usaha Milik Desa (BUMDes). Rural regions that can not be separated from the agricultural sector, with the importance of the role of agricultural sector to the economy of the country, then the business BUMDes needs to be directed or developed with the activities of the agriculture-based businesses. The results obtained from this research is that BUMDes-based agriculture in the Juli District, Bireun District is in quadrant IV (diversify activities). In this quadrant the position of the organization is in the market is very small and the growth rate is low, therefore it is necessary to diversify the business. This position indicates an organization is weak and facing a big challenge. The recommendations of the given strategy is a survival strategy, meaning that the internal conditions of the organization is on the choice of a dilemma. Therefore, organizations are advised to use a defensive strategy, control of the performance of the internal so not getting mired. This strategy is maintained while continuing to attempt to fix themselves.


Sign in / Sign up

Export Citation Format

Share Document