Saudi Technology and Business Incubation: an Analysis and Indication of Gaps in Functioning

Binsawad, Muhammad H and Hawryszkiewycz, Igor and Kang, Kyeong (2016) Saudi Technology and Business Incubation: an Analysis and Indication of Gaps in Functioning. Americas Conference on Information Systems (AMCIS).

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Abstract

Due to the increasing occurrence and the tendency to be unsuccessful, one may argue that SMEs and any other new budding businesses are should be developed to be self-sustaining entities; this would be the right step to ensure economic sustainability of any nation. However, the self-sustenance follows the initial nurturing by business incubators of different types. Recently, the Kingdom of Saudi Arabia (KSA) has experienced a rapid increase in its economy due to a large number of startup businesses that create new employment and training opportunities. This trend in employment stability is not free of challenges. Despite the growing awareness and interest in business incubation, the benefits incurred by them to support new business and enterprises have much room to be fulfilled. In this review, the current growth in the rapidly-flourishing Saudi business incubation system has been reviewed; the investigation reveals that while the system has successfully supported new enterprises, its performance can be enhanced by emphasis on creativity, innovation, and knowledge-sharing within the incubation systems.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
T Technology > T Technology (General)
Divisions: Faculty of Industrial Engineering and Informatics > Information System
Depositing User: staff repository 1
Date Deposited: 31 Jul 2018 12:59
Last Modified: 31 Jul 2018 12:59
URI: http://repository.ittelkom-pwt.ac.id/id/eprint/1328

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