Entrepreneurship, Innovation, and Economic Growth: Evidence from Saudi Arabia

Akinwale, Yusuf Opeyemi; Alaraifi, Adel; Ababtain, Aljohara Khalid

doi:10.1007/978-3-030-48531-3_3

Cited by 14 publications

(6 citation statements)

References 47 publications

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“…Establishing the main determinants of economic growth is one of the key research questions of interest to scientists since the time of Smith (2007). There are a large number of works that study the factors and causes of the development of economic systems, among which are basic indicators such as human capital (Mankiw et al, 1992;Basu and Bhattarai, 2012;Ahuru and James, 2015); scientific and technological progress (Goncharova and Bezdenezhnykh, 2018;Zhou and Luo, 2018), digitalization and innovation (Dvas and Dubolazova, 2018;Rudskaya and Rodionov, 2018;Akinwale et al, 2020), effective institutions and investments (Tebaldi and Mohan, 2008;Kapustina et al, 2016;Karpenko, 2019;Kudryavtseva et al, 2020), natural resources and favorable geographic location (Alkhathlan, 2013;Tukan et al, 2015;Bhattarai and Taloba, 2017;Ushakov et al, 2019); spatial effects (Bernat, 1996;Niebuhr, 2003).…”

Section: Literature Viewmentioning

confidence: 99%

Assessment of the Contribution of Inter-Territorial Interaction in the Development of the National Economy

Kozonogova¹,

Dubrovskaya²,

Dubolazova³

2020

IJTech

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Section: Literature Viewmentioning

confidence: 99%

Assessment of the Contribution of Inter-Territorial Interaction in the Development of the National Economy

Kozonogova¹,

Dubrovskaya²,

Dubolazova³

2020

IJTech

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“… 3 In Saudi Arabia, the government is actively embraced entrepreneurship, with its commitment evident in its Vision 2030 initiatives. 4 There has been tremendous governmental support for entrepreneurship, which is mainly seen by decision-makers as a catalyst for community development, innovation, and economic growth. 5 Healthcare transformation and privatization in Saudi Arabia paved the way for entrepreneurs to be an integral part of the healthcare sector.…”

Section: Introductionmentioning

confidence: 99%

Exploring Entrepreneurship in Pharmacy: Attitudes and Perceptions Among Saudi Pharmacists and Students

Alnuhait,

Alqurashi,

Abdullatif

et al. 2024

IPRP

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Introduction Entrepreneurship has recently become a focus in community development, innovation, and economic growth, including within pharmaceutical organizations. However, it remains a relatively new aspect of pharmacy education. For the effective incorporation of entrepreneurship in this field, a robust educational foundation is critical, one that emphasizes risk-taking, strategic planning, competitive spirit, and a sense of social responsibility. This study aims to evaluate Saudi pharmacists’ attitudes towards entrepreneurship in their practice. Methods A cross-sectional survey design to assess the attitudes of pharmacists and pharmacy students in Saudi Arabia towards entrepreneurship. The study sample consisted of 302 individuals, selected through convenience sampling, all of whom were either licensed pharmacists or pharmacy students in Saudi Arabia. The survey was conducted electronically and disseminated online throughout the duration of January 2023, spanning a one-month period. The research sought to provide a deeper understanding of how entrepreneurship is perceived within the pharmacy field. Results The study involved 302 pharmacists in Saudi Arabia, with the majority being pharmacy students and Doctor of Pharmacy holders. Over 60% of the participants worked for the government sector. Results showed a strong interest in entrepreneurship, with nearly 80% expressing interest and believing in the entrepreneurial potential of pharmacists. However, there was a knowledge gap, as only 52% were familiar with entrepreneurship concepts, and most had not taken entrepreneurship courses. More than half of the participants reported insufficient institutional support for entrepreneurship. Remarkably, only 1% had started a pharmaceutical business. Conclusion In conclusion, this study emphasizes the interest in entrepreneurship among pharmacists, highlighting the need for raising familiarity and formal education in the field. Factors such as working in the government sector were associated with higher willingness to become entrepreneurs, while the lack of awareness and institutional support hindered the entrepreneurial mindset.

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“…However, Islamic banks are struggling to define a holistic typology of capabilities and resultant value propositions that they (can) offer to customers. This focus on capabilities-based value propositions is particularly important now when financial services are moving towards more knowledge-and competence-based institutions (Abadi and Silva, 2020;Akinwale et al, 2020) and Islamic banks are struggling to attract such capabilities (Aziz et al, 2019). This paper, therefore, aims to generate insights into the importance of capabilities in the value propositions of Islamic banking, based on the perspective of relationship managers of Islamic banks.…”

Section: Introductionmentioning

confidence: 99%

Shariah capabilities and value propositions of Islamic banking

Ullah

Ashfaque

Atiq

et al. 2023

IMEFM

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Purpose The purpose of this paper is to explore the types of Shariah capabilities of Islamic banks, which provide bases for the types of Shariah value propositions, offered by the relationship managers in their front-line service experiences with the customers. Design/methodology/approach A resource-based view of Shariah capabilities and a service-dominant logic view of value propositions are adopted. Fifteen relationship managers from multiple Islamic banks in Pakistan are interviewed to find a typology of Shariah capabilities and a resultant typology of value propositions for Islamic banks. Findings The findings suggest that Islamic banks claim to possess five types of Shariah capabilities, namely, Shariah governance capability (SGC), Shariah compliance capability (SCC), Shariah monitoring capability (SMC), Shariah structuring (product) capability (SSC) and Shariah learning capability (SLC). These capabilities lead to four types of values propositions, namely, Shariah identity value (SIV), Riba-free value (RFV), Shariah disclosure value (SDV) and Tangibility value (TV) of the real assets in transactions. Research limitations/implications The study has relied on the front-line experiences of relationship managers who are connected to the Islamic banks’ capabilities inside the banks and the value propositions that they offer to show relationships with customers in front-line service experiences. Other stakeholders may have different perspectives on both capabilities and value propositions. Originality/value This paper contributes to Islamic finance theory by theoretically and empirically showing two typologies for the Islamic banks' capabilities and value propositions, respectively.

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Entrepreneurship, Innovation, and Economic Growth: Evidence from Saudi Arabia

Cited by 14 publications

References 47 publications

Assessment of the Contribution of Inter-Territorial Interaction in the Development of the National Economy

Assessment of the Contribution of Inter-Territorial Interaction in the Development of the National Economy

Exploring Entrepreneurship in Pharmacy: Attitudes and Perceptions Among Saudi Pharmacists and Students

Shariah capabilities and value propositions of Islamic banking

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