Senior Entrepreneurship and Family Business Vitality in Saudi Arabia

2022 ◽  
pp. 917-936
Author(s):  
Jose Manuel Saiz-Alvarez ◽  
Alicia Coduras ◽  
Muhammad Azam Roomi
Keyword(s):  
Saudi Arabia ◽  
Natural Gas ◽  
Gross Domestic Product ◽  
Structural Transformation ◽  
Family Business ◽  
Pivotal Role ◽  
Domestic Product ◽  
Oil And Natural Gas ◽  
The Creation ◽  
Senior Entrepreneurship

The Saudi economy constitutes 30% of the Arab world's GDP (gross domestic product). Traditionally focused on oil and natural gas, the economy is in the process of a structural transformation in which entrepreneurship has a pivotal role to play. Sixty percent of Saudi Arabia's population is under the age of 30. Against this background, this chapter will analyze senior entrepreneurship and the creation of family businesses in Saudi Arabia. Finally, the authors propose some measures for their generation.

Senior Entrepreneurship and Family Business Vitality in Saudi Arabia

2020 ◽  
pp. 39-58
Author(s):  
Jose Manuel Saiz-Alvarez ◽  
Alicia Coduras ◽  
Muhammad Azam Roomi
Keyword(s):  
Saudi Arabia ◽  
Natural Gas ◽  
Gross Domestic Product ◽  
Structural Transformation ◽  
Family Business ◽  
Pivotal Role ◽  
Domestic Product ◽  
Oil And Natural Gas ◽  
The Creation ◽  
Senior Entrepreneurship

The Saudi economy constitutes 30% of the Arab world's GDP (gross domestic product). Traditionally focused on oil and natural gas, the economy is in the process of a structural transformation in which entrepreneurship has a pivotal role to play. Sixty percent of Saudi Arabia's population is under the age of 30. Against this background, this chapter will analyze senior entrepreneurship and the creation of family businesses in Saudi Arabia. Finally, the authors propose some measures for their generation.

scholarly journals Using a Standard Model to Identify the Saving Determinants in the Kingdom of Saudi Arabia

2021 ◽  
pp. 32-41
Author(s):  
Tarek Ali Ahmed Abdallah ◽  
Mohammed Salah El-Din Abdel Aziz
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Gross Domestic Product ◽  
Growth Rates ◽  
Domestic Product ◽  
Positive Interaction ◽  
Factors Affecting ◽  
Coverage Ratio ◽  
Domestic Savings ◽  
Economic Growth Rates

Low savings are an important factor in low economic growth rates. Saudi Arabia faces many future challenges, e.g., maintaining the gross domestic product, improving economic growth rates, providing job opportunities, as well as decreasing unemployment and nationalization rates. Therefore, the present research paper aims to identify the most important factors affecting domestic savings in Saudi Arabia by building a simultaneous equations model to measure interactions and interrelations between variables using 3SLS. The results showed a significant positive interaction between variables. Increasing domestic savings by 1% increased local investment by 0.957%, whereas increasing the investment coverage ratio by 1% increased local investment by 0.971%. Moreover, increasing local investment by 1% increased gross domestic product by 0.136%, while decreasing the rate by 1% increased gross domestic product by 0.334%. Increasing population by 1% increased gross domestic product by 1.520%. In short, these factors conveyed high rates of response.

Myths and Realities: Family Businesses' Contribution to the US Economy— A Framework for Assessing Family Business Statistics

1996 ◽  
Vol 9 (2) ◽  
pp. 107-123 ◽  
Author(s):  
Melissa Carey Shanker ◽  
Joseph H. Astrachan
Keyword(s):  
Gross Domestic Product ◽  
Family Business ◽  
Family Businesses ◽  
Domestic Product ◽  
Us Economy ◽  
Business Statistics ◽  
The Us

This article presents a framework for assessing commonly accepted family business statistics, based on the criteria used to define a family business. Using existing research from multiple fields and sources, a range is extrapolated for the total number of family businesses in the US, their contribution to Gross Domestic Product (GDP) and employment.

Prospects for the Gulf states in 2022

2021 ◽  
Keyword(s):  
Saudi Arabia ◽  
Natural Gas ◽  
Gulf Cooperation Council ◽  
Energy Market ◽  
Global Energy ◽  
Content Type ◽  
Positive Economic ◽  
Natural Gas Prices ◽  
Gulf States ◽  
Oil And Natural Gas

Subject Prospects for the Gulf states in 2022. Significance The six member states of the Gulf Cooperation Council (GCC), especially Saudi Arabia, are enjoying the windfall from a tight global energy market that has pushed up oil and natural gas prices. They have also coped effectively with the healthcare challenges of the COVID-19 pandemic, laying the groundwork for positive economic prospects in 2022.

scholarly journals Sectoral Investment Analysis for Saudi Arabia.

2021 ◽  
Author(s):  
Muhammad Javid ◽  
Fakhri Hasanov ◽  
Carlo Bollino ◽  
Marzio Galeotti
Keyword(s):  
Saudi Arabia ◽  
Gross Domestic Product ◽  
Private Sector ◽  
Investment Analysis ◽  
Domestic Product ◽  
Investment Behavior ◽  
Long Run ◽  
Reform Plan ◽  
Vision 2030

This study aims to investigate the determinants of short- and long-run investment behavior in Saudi Arabia for eight non-oil sectors. Saudi Arabia is currently proceeding with its historic Vision 2030 reform plan, which aims to significantly increase the private sector’s contribution to the country’s gross domestic product. Thus, analyzing investments at the sectoral level is important for Saudi Arabia. Such an analysis can provide policymakers with a deeper understanding of potential opportunities for boosting private sector growth.

scholarly journals TAXES TO DIGITAL BUSINESS IN MEXICO

2021 ◽  
Vol 33 (1) ◽  
pp. 245-255
Author(s):  
Germán Martínez-Prats
Keyword(s):  
Gross Domestic Product ◽  
Public Spending ◽  
Value Added ◽  
Domestic Product ◽  
Value Added Tax ◽  
Tax Collection ◽  
The Creation ◽  
Lodging Services

Tax collection is the pillar of public spending, which affects the execution of programs for the development of the country without the creation of new taxes, in accordance with this, in September 2019, was presented within the Package Fiscal 2020 the proposal to regularize the collection of value-added tax on products and services marketed online.In recent years, this type of trade has grown exponentially, representing 4.6% of Mexico’s gross domestic product, the tax referred to was already provided under our legislation, however, it was not Effectively regularized, the tax package proposal includes taxing services and goods, that is, platforms such as UBER, NETFLIX, UBER EATS, as well as those that offer lodging services in Mexico, are subject to the tax indicated. The purpose of this investigation is to determine the benefits and cons with respect to the aforementioned proposal, through the review of similar taxes in other countries, in order to analyze the behavior and contrast with the reform of said tax

A study of the tourist potential of Аntalya coast in turkey

10.12737/7473 ◽  
2014 ◽  
Vol 8 (7) ◽  
pp. 0-0 ◽  
Author(s):  
Ирина Куксова ◽  
Irina Kuksova ◽  
Дарья Певнева ◽  
Darya Pevneva
Keyword(s):  
Gross Domestic Product ◽  
Natural Resources ◽  
Foreign Trade ◽  
Trade Balance ◽  
Domestic Product ◽  
Ancient History ◽  
Distinctive Features ◽  
Key Sectors ◽  
The Creation ◽  
Historical Heritage

In many countries, tourism plays an important role in the creation of gross domestic product, the formation of additional jobs and providing local employment, activation of the foreign trade balance, has a significant impact on key sectors of the economy. The article focuses on Turkey, with its amazing tourist potential and ancient history. Turkey has a unique tourist and recreational potential, on its territory there are important natural resources, historical heritage objects. Described are the main tourist areas of Antalya - Alanya, Side, Belek, Aksu, Kemer, Beldibi, Goynuk, Kiris, Camyuva, Tekirova, each district has its own distinctive features, and some of them should be given special attention.

scholarly journals Probing the Energy-Environmental Kuznets Curve Hypothesis in Oil and Natural Gas Consumption Models Considering Urbanization and Financial Development in Middle East Countries

Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3178
Author(s):  
Haider Mahmood ◽  
Nabil Maalel ◽  
Muhammad Shahid Hassan
Keyword(s):  
Saudi Arabia ◽  
Natural Gas ◽  
Oil Consumption ◽  
Long Run ◽  
Negative Effect ◽  
Short Run ◽  
Oil And Natural Gas ◽  
Gas Consumption ◽  
Natural Gas Consumption ◽  
Positive Effect

Economic growth, urbanization, and financial market development (FMD) may increase energy demand in any economy. Non-renewable sources of energy consumption, i.e., oil consumption and natural gas consumption (NGC), could have environmental consequences. We examine the effects of economic growth, urbanization, and FMD on the oil consumption and NGC in Middle East countries using the period 1975–2019. In the panel results, we found a positive effect of income and a negative effect of income-squared on oil and natural gas consumption. Hence, we corroborate the existence of the environmental Kuznets curve (EKC) hypothesis in oil and natural gas consumption models of the Middle East region. Urbanization has a positive effect on oil and natural gas consumption. FMD has a positive effect on oil consumption and has a negative effect on NGC. From the long-run, country-specific results, we validate the existence of the EKC hypothesis in the oil consumption models of Iran and Iraq. The EKC is also found in the natural gas consumption models of Iran, Kuwait, and the UAE. From the short-run results, the EKC hypothesis is validated in the oil consumption models of Iran, Iraq, and Israel. The EKC is also corroborated in the NGC models of Iran, Kuwait, and the UAE. In the long run, urbanization has a positive effect on oil consumption in Iraq, Kuwait, Saudi Arabia, and Qatar. Further, urbanization has a positive effect on the NGC in Iraq, Israel, and Saudi Arabia. Conversely, urbanization has a negative effect on oil consumption in Israel. In the short run, urbanization has a positive effect on oil consumption in Iraq, Israel, Kuwait, and Qatar. Moreover, urbanization has a positive effect on the NGC in Iraq. On the other hand, urbanization has a negative effect on oil consumption in Saudi Arabia and Iran. In the long run, FMD has a positive effect on oil consumption in Saudi Arabia and Israel. In the short run, FMD has a positive effect on oil consumption in Israel, Kuwait, and Saudi Arabia. In contrast, FMD has a negative effect on oil consumption in the UAE. Moreover, a positive effect of FMD on NGC is found in the UAE. However, FMD has a negative effect on the NGC in Israel.

Sign in / Sign up

Export Citation Format

Share Document