Download or read book Supporting Job Creation and Innovation Through MSME Development in MENA written by Peter McConaghy and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Private Sector and Enterprise Development written by Lois Stevenson and published by IDRC. This book was released on 2010 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the challenges to private sector growth in 12 Middle East and North African (MENA) countries, assessing comparative performance against a number of indicators and focusing on the special role of SMEs and entrepreneurial activity. Highlights the variation among countries in private sector dynamism and performance, the major government policy initiatives supporting private sector and SME activity in each country, and the perspectives of government officials, researchers, and other stakeholders on research, policy, and institutional capacity needs. Concludes with a framework for guiding a comprehensive set of policies and strategies to unleash the potential of entrepreneurship as a platform for future private sector growth.

Download or read book Competitiveness and Private Sector Development New Entrepreneurs and High Performance Enterprises in the Middle East and North Africa written by OECD and published by IDRC. This book was released on 2013-03-05 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book assesses the current policy context for young enterprises in the MENA region and outlines policy tools and instruments, both indirect and direct, that governments can implement to support new enterprise development.

Download or read book Management of Innovation in Micro Small and Medium Enterprises in the Middle East and North Africa MENA written by Nomita Sharma and published by . This book was released on 2017 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of chapter is to understand management of innovation in micro, small and medium enterprises in MENA region. Traditionally, MENA region includes following countries: Algeria, Bahrain, Egypt, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, and United Arab Emirates. The aim of the countries of the MENA region has been to achieve better economic growth and development. And for this, they understand that they have to get rid of tag of 'Rentier State'. This is only possible through focusing on innovative practices. One study reveals that innovation culture is active and organizations have made innovation strategies for long-term period in MENA region.Through active innovation culture, organizations adopt best practices. Micro, Small and Medium Enterprises have a very high share of private sector employment in the Middle East and North Africa (MENA), particularly in countries with large informal sectors. According to official statistics, they account for 10 to 40 percent of all employment. Number of start-ups has also increased around eight times in 2011 as compared to 2005 in MENA region. There is potential in a small proportion of high performing MSMEs to catapult into internationally competitive companies. This can generate employment, and economic stability (Nasr and Pearce, 2012). But MSMEs, however, face many barriers in this transition. They suffer from operational, financial problems in competing with large enterprises. Addressing these challenges to MSME growth and competitiveness is central to overcoming employment and economic development challenges in the region. Given all the barriers, MSMEs must be able to manage their innovation practices in order to stay competitive. They should take advantage of growing innovation culture in MENA. The chapter highlights some of the innovation management techniques to be adopted by these MSMEs in MENA region.

Download or read book Private Sector Job Creation in MENA Prioritizing the Reform Agenda written by Mr.Benedicte Baduel and published by International Monetary Fund. This book was released on 2019-09-27 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the extent to which firms in selected MENA countries reported being constrained by the business environment around the time of the Arab Spring and the extent to which these constraints affected their employment performance. The results suggest that small firms in MENA faced more structural constraints than similar firms in other regions. We also find that MENA firms’ weaker job creation can be explained in great part by the macroeconomic environment and structural constraints. Low GDP growth, falling external competitiveness, corruption, lack of access to finance and poor access to electricity are found to explain a significant part of the lack of employment growth in MENA firms compared to their peers.

Download or read book Jobs or Privileges written by Hania Sahnoun and published by World Bank Publications. This book was released on 2014-11-18 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policies that constrain private sector competition and job creation abound in MENA. Such policies are often captured by few privileged firms with deep political connections. The millions of workers who bear the brunt are often unaware of the adverse impact of these policies on the jobs to which they aspire.

Download or read book Entrepreneurial Rise in the Middle East and North Africa written by Stavros Sindakis and published by Emerald Group Publishing. This book was released on 2022-03-02 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurial Rise in the Middle East and North Africa: The Influence of Quadruple Helix on Technological Innovation explores the relationships and inter-dependencies between innovation, political regimes, and economic and social development throughout the Middle East and North Africa region.

Download or read book Entrepreneurship and Social Entrepreneurship in the MENA Region written by Nehme Azoury and published by Springer Nature. This book was released on 2022-01-22 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection presents state of the art research on entrepreneurship and social entrepreneurship in the MENA region. Combining practical and academic insights, it sheds light on future directions for the sector and addresses the many challenges that entrepreneurs face, for instance, the lack of special laws and regulations, lack of financial assistance and government recognition as well as the lack of social awareness. It covers topics such as entrepreneurship and sustainability, female entrepreneurship, entrepreneurship education, and future research directions. Ultimately this book aims to advance research in the field and highlights the importance of social entrepreneurs in the Middle East

Download or read book Unlocking Opportunities Business Development in the MENA Region written by Ibrahim Diab and published by Ibrahim Diab. This book was released on 2024-03-22 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unlock the potential of the dynamic MENA (Middle East and North Africa) region with "Unlocking Opportunities: Business Development in the MENA Region." This comprehensive guide offers invaluable insights and strategies for entrepreneurs, executives, and businesses seeking to thrive in one of the world's most promising markets. In "Unlocking Opportunities," readers embark on a journey through ten essential chapters, each meticulously crafted to provide a deeper understanding of the MENA region's intricacies and opportunities. Begin your exploration with Chapter 1, where you'll gain a foundational understanding of the MENA region, its diverse cultures, economies, and business landscapes. Chapter 2 delves into the opportunities awaiting savvy entrepreneurs, alongside the challenges they must navigate to succeed. Chapter 3 offers actionable strategies for success, drawing on real-world experiences and expert insights. Learn from the triumphs and trials of established businesses in Chapter 4 through compelling case studies that illuminate key principles and practices. Stay ahead of emerging trends and seize new opportunities with Chapter 5, which forecasts the region's trajectory and identifies areas primed for growth. Navigate the regulatory landscape and legal considerations in Chapter 6 to ensure compliance and mitigate risks effectively. Cultural sensitivity is paramount in the MENA region, as explored in Chapter 7, where readers discover strategies for building trust and fostering fruitful relationships. Forge strategic partnerships and expand your networks with Chapter 8's guidance on collaboration and connectivity. Mitigate risks and enhance resilience with Chapter 9's insights into effective risk management practices. Finally, peer into the future and glean actionable recommendations in Chapter 10, shaping your long-term strategy and positioning your business for sustained success. Concluding with a thoughtful reflection in the Conclusion, "Unlocking Opportunities" empowers readers to navigate the complexities of the MENA region with confidence, insight, and foresight. Whether you're a seasoned entrepreneur or embarking on your first venture, this book is your indispensable companion to unlocking the boundless potential of the MENA market.

Download or read book Entrepreneurship Education and Research in the Middle East and North Africa MENA written by Nezameddin Faghih and published by Springer. This book was released on 2018-08-01 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: This contributed volume explores and reveals the new developments, dynamics and recommendations for entrepreneurship education in the Middle East and North Africa (MENA) region. Presenting papers by respected experts in the field, it shares essential insights on the status quo of entrepreneurial education and training programs, the characteristics and motivations of early stage entrepreneurs, and the regional framework conditions in MENA. The book closes with a bibliometric perspective on the trends in the entrepreneurship research and education being developed in MENA.

Download or read book Entrepreneurship Ecosystem in the Middle East and North Africa MENA written by Nezameddin Faghih and published by Springer. This book was released on 2018-06-12 with total page 711 pages. Available in PDF, EPUB and Kindle. Book excerpt: This contributed volume explores and reveals the dynamics, strengths and weaknesses, trends and implications of entrepreneurship in the Middle East and North Africa (MENA) region. Presenting papers by respected experts in the field, it shares essential insights on the status quo of entrepreneurship and the opportunities and threats it faces in the MENA region. Topics range from development of entrepreneurial universities to international entrepreneurship, as well as emergent topics such as green entrepreneurship, sustainable entrepreneurship and youth entrepreneurship.

Download or read book SME Contributions to Employment Job Creation and Growth in the Arab World written by Sahar Nasr and published by . This book was released on 2013 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent economic and political developments have highlighted a challenge shared across the Arab region of generating employment, promoting inclusive growth, and improving competitiveness. In the short run, weakened macroeconomic fundamentals in the developing economies of the Middle East and North Africa are a key challenge. The region's main challenge is to achieve sustainable growth that delivers the quantity and quality of jobs needed. An inclusive and competitive private sector has proven to be one of the most effective and long-term solutions for this challenge. This paper provides an analytical framework to diagnose and identify key challenges to the growth of small and medium enterprises that is supported by a quantitative model based on the World Bank's Enterprise Surveys database. The findings reconfirm that the route to a sustained role for small and medium enterprises in job creation requires improving the credibility of reforms, the effectiveness of policies, and equitable enforcement. Although one size fits all is infeasible for Arab countries, it is important to design policies across sectors to create productive employment and promote economic growth. Supporting innovation and enhancing access to finance are central to the development agenda for small and medium enterprises. And creating an enabling environment and setting up accountable institutions are key to ensure equal opportunity and inclusive growth.

Download or read book SME Financial Inclusion for Sustained Growth in the Middle East and Central Asia written by Mishel Ghassibe and published by International Monetary Fund. This book was released on 2019-09-27 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper offers empirical evidence that greater financial inclusion of small and medium enterprises (SMEs) can promote higher economic growth and employment, especially in the Middle East and Central Asia regions. First, we show that countries with higher SME financial inclusion exhibit more effective monetary policy transmission and tax collection. Second, we find substantial employment and labor productivity growth gains at the firm level from access to credit, gains that are higher for SMEs. We also obtain evidence of a substantial positive impact on SME employment and labor productivity growth from improved credit bureau coverage and insolvency regimes. Finally, cross-country aggregate evidence confirms the employment and growth gains from SME financial inclusion, which appear larger in the Middle East and Central Asia than in other regions.

Download or read book Enhancing the Role of SMEs in the Arab World Some Key Considerations written by Vahram Stepanyan and published by International Monetary Fund. This book was released on 2019-12-13 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 World1 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.

Download or read book SMEs for Job Creation in the Arab World written by Sahar Nasr and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Arab Spring in the Middle East and North Africa (MENA) region has brought to the forefront key challenges: the need to create job opportunities, equal access, a level playing field, transparency and accountability, and a fair and competitive environment. Crony capitalism, the privileged access of certain elites to favorable legal and regulatory treatment, access to markets, and the coincidence of political and economic power, was a major concern contributing to the uprising. Many saw privilege and corruption as the source of unemployment and inequality, effectively raising barriers to entry and growth for the majority of entrepreneurs. At the same time, practices such as connected lending and preferential land allocations, contributed to poor performance of key institutions, underpinning the market economy. It is critical for the MENA countries to achieve the aspirations of their people and attain sustainable and inclusive development by expanding private-led employment and creating entrepreneurship opportunities. This report assesses the supply and demand of financial services to small and medium enterprises (SMEs) in the MENA region, as well as the regulatory, institutional and policy environment that determines the cost, risk, and scale of SME finance. Emerging and promising SME finance models for banks, investors, government and regulators are outlined. These could significantly improve the outreach, viability, risk management, and development impacts of SME finance in the MENA region. SMEs need access to longer term credit products and equity, in addition to working capital loans and trade finance. They also need payment and card services, deposit facilities, liquidity management, risk management tools and insurance. The principal role of the state is as an enabler and regulator, providing the financial infrastructure, and legal and policy frameworks that financial institutions need to be able to meet the range of SME financial needs profitably. All this will contribute to attaining a more sustainable and inclusive system that can play a more important role in economic growth, and the regions prosperity.

Download or read book Promoting a New Economy for the Middle East and North Africa written by Rabah Arezki and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries in the Middle East and North Africa (MENA) possess all the ingredients they need to leapfrog into the digital future. They have large, well-educated youth populations that have already adopted new digital and mobile technologies on a wide scale. They have a highly educated female population. That combination has immense potential to drive future growth and job creation. The question is whether the region can adapt to a new economic reality. Public spending, the region's historical engine of development, has reached its limit. Because the public sector can no longer absorb the swelling ranks of university graduates, the MENA region has one of the world's highest rates of youth unemployment. For a variety of reasons, many of them cultural, highly educated women stay home. The female labor participation rate is among the lowest in the world. The digital economy holds the promise of a new way forward, but it is still in its infancy, and young people face obstacles in putting technology to productive use. Although the internet and hand-held devices are ubiquitous throughout the region, they are currently used for accessing social media, rather than for launching new enterprises. But there are green shoots emerging. For example, the ride-hailing app Careem has grown from a start-up to a billion-dollar company, creating thousands of jobs in 80 cities in the MENA region and in Pakistan and Turkey. and new digital platforms are already connecting job seekers and employers, providing vocational training, and hosting start-up incubators. The challenge now is to create the conditions for these green shoots to grow and multiply. The first, essential step is for MENA countries to become "learning societies," a phrase coined by the Nobel laureate economist Joseph E. Stiglitz to describe countries in which shared knowledge leads to increased innovation. This, in turn, fosters development; and in the case of MENA, it could lead to the creation of a vibrant digital service economy. to get there, education systems must change. For the region's young people, the curriculum is more often a source of frustration than advancement. The concept of a "skills premium"--The difference in wages between skilled and unskilled workers-dictates that higher educational attainment should lead to higher compensation and more secure employment. Yet in the MENA region, the opposite has happened: university graduates are far more likely to be unemployed than are workers with only a basic education. Two factors work against the region's young people. First, schools are still geared toward channeling graduates into large public sectors, which means they place less emphasis on fields such as mathematics and science. Second, bloated public sectors are crowding out the private sector, which would otherwise be a larger provider of high-skill, high-wage jobs.

Download or read book Job Creation in a High Growth Environment written by Mustapha K. Nabli and published by . This book was released on 2007* with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: