Entrepreneurial finance for job creation in the Arab world: strategy elements urgent as ever

2011 ◽  
Vol 20 (1-2) ◽  
pp. 1-16
Author(s):  
Florence Eid
10.1596/27098 ◽  
2012 ◽  
Author(s):  
Sahar Nasr ◽  
Douglas Pearce
Keyword(s):  

Policy Papers ◽  
2019 ◽  
Vol 19 (040) ◽  
Author(s):  
Vahram Stepanyan ◽  
Gohar Abajyan ◽  
Anta Ndoye ◽  
Marwa Alnasaa

Small and medium-sized enterprises (SMEs) are a cornerstone of Arab economies, accounting for over 90 percent of all businesses and providing a major source of new job creation. Governments across the Arab World recognize the important role that SMEs can play in delivering higher and more inclusive growth. Many have rightly placed SME development at the center of growth and jobs strategies to meet the needs of young populations. Authorities have initiated policy interventions and schemes to support SME development. But progress so far has been patchy, and more comprehensive policy action is needed. Fostering vibrant and competitive SMEs that contribute to employment opportunities and high value-added output requires various stakeholders to deliver on a broad range of factors. Arab governments need a holistic policy approach that addresses the gaps in access to finance, creates an enabling business environment, and upgrades human capital and infrastructure. The approach should also promote an entrepreneurial mindset.


2017 ◽  
Vol 8 (2) ◽  
pp. 44
Author(s):  
Manuela Vega-Pascual ◽  
Filippo Di Pietro ◽  
Rafaela Alfalla-Luque

<p>Within the line of research in entrepreneurship and economic development that defends the entrepreneurial activity as a tool for job creation and activation of the economy, we will perform an empirical analysis in Spain of the relationship between the institutional environment, specifically the entrepreneurial finance variable , capital structure and growth of young firms. To this end, this study focuses on the business context of young Spanish SMEs and uses information from the GEM and SABI databases for the period 2008-2015. Using the panel data methodology, empirical evidence is provided that access to finance favors the indebtedness of young Spanish SMEs, and leverage is an explanatory factor of job creation. The data is consistent at the country and regional levels. Therefore, an institutional effort, both public and private, that facilitates financing entrepreneurs will favor the creation of employment and economic growth. The authors have contributed equally to this research. </p><p>[Emprendimiento, financiación para los emprendedores y creación de empleo: Evidencias a través de datos de panel]</p><p>Dentro de la línea de investigación en emprendimiento y desarrollo económico que defiende  la iniciativa emprendedora como herramienta de creación de empleo y activación de la economía, vamos a realizar un análisis empírico en España de la relación entre entorno institucional, concretamente de la variable apoyo financiero, estructura de capital y crecimiento de jóvenes empresas. Para ello, este estudio se centra en el contexto empresarial de las jóvenes PYMES españolas y utiliza información de las bases de datos GEM y SABI para el horizonte temporal 2008-2015. Mediante la metodología de datos de panel se aporta evidencia empírica de que el apoyo financiero favorece el endeudamiento de las jóvenes PYMES españolas, y el apalancamiento es un factor explicativo de la creación de empleo. Los datos son consistentes a nivel país y a nivel regional. Por tanto, un esfuerzo institucional, tanto público como privado, que facilite el acceso a la financiación empresarial favorecerá la creación de empleo y el crecimiento económico. Todos los autores han contribuido de igual manera en esta investigación.</p>


2014 ◽  
Vol 13 (3) ◽  
pp. 629 ◽  
Author(s):  
Mohamed Imam Salem

Entrepreneurship contributes to economic development in all countries all over the world and has always been a powerful driving force of innovation, productivity, job creation and economic growth. In recent years, the Kingdom of Saudi Arabia has launched a broad range of intensive and creative initiatives to kick-start entrepreneurship, to further promote a business climate that supports innovation and competitiveness, and to inspire the next generation of company builders. Prior studies have not given much attention to the entrepreneurial role that universities play in building entrepreneurial economies, especially in the Arab World. This paper attempts to address the research gap relating to the process by which universities can foster a culture of entrepreneurship in the Kingdom of Saudi Arabia. One major challenge is to develop contents and methods that encourage entrepreneurial learning. The paper confirms that entrepreneurship education can help promote an entrepreneurial and innovate culture by changing mindsets and providing the necessary skills. In this way, universities have become increasingly important for national and global economic development.


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