Small And Medium Enterprises In Saudi Arabia Pdf
Small and medium enterprises sme s in saudi arabia are playing a tremendous role in the economy generating jobs and contributing to economy growth.
Small and medium enterprises in saudi arabia pdf. From 500 respondents a total of 347 questionnaires were returned. Under saudi vision 2030 saudi arabia plans to raise the contribution of sme s from 20 of gdp to 30 by. What determines their success of smes is a topic of much academic debate. The resource based view theory is adopted in the.
In today s competitive environment small and medium enterprises smes need to be competitive and adopt innovative and strategic approaches to improve their performance. The first one includes reimbursing businesses the government taxes fees that they paid or will pay during their first three operational years should these businesses register or are registered between 2016 and 2021. Scholars from various disciplines agreed on the importance of smes success in employment wealth and social and economic. This paper focus on small and medium si z ed enter prises smes in saudi arabia where either on premise or on site erp software is installed on the computers to set up inside the b uild ing.
Saudi arabia has long realized the importance of providing a nurturing. By conducting exploratory factors analysis these indicators were categorized into six factors. Introduction small and medium sized enterprises smes play an important role in the modern economy. Small and medium enterprises smes play a pivotal role in any economy generating jobs and contributing to growth.
A questionnaire was developed using 28 factors indicators identified from the previous researches. The aim of this study is to explore the critical success factors csfs of small and medium sized enterprises smes in saudi arabia. Saudi arabia s small and medium enterprises authority announced today the launch of four initiatives to support and sustain the private sector. Purpose this study aims to examine the determinants of the growth of small and medium sized enterprises smes in the kingdom of saudi arabia.