StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Literature review(The financial support of SMEs and their development role in Saudi Arabia) - Research Paper Example

Cite this document
Summary
They prove as the strong backbone to serve the domestic economy by providing important support to the large firms engaged directly in the export of domestic products and services. All over…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
Literature review(The financial support of SMEs and their development role in Saudi Arabia)
Read Text Preview

Extract of sample "Literature review(The financial support of SMEs and their development role in Saudi Arabia)"

Download file to see previous pages

rganizations therefore creates the desired multiplier impact on the level of employment as well as economic progress made in the country (Port, 2010). Despite their importance, SMEs, however, lack the required financial support in order to expand in size and contribute more towards the economic progress of the country.(Hertog,2012). Hertog (2012) focused upon exploring the impact of lack of financial resources on the development of SMEs. Gulf areas in general and Saudi Arabia in particular, is an oil rich region with the economy being driven by the large oil producing organizations.

However, despite such dependence upon oil and other large organizations, SMEs in the country and region are flourishing too, creating further employment opportunities and further progress in the economy. The required financial support for the SMEs, in order to strengthen their capability to further contribute towards the progress of Saudi Arabia’s economy, is however somewhat lacking. This is despite the fact that SMEs have a really great developmental potential.( Publishing Research Consortium,2009) Though SMEs exist all over the world and in large numbers, there is still no concrete definition for SMEs due to various practical reasons. Fu(2011) focused on exploring the overall criteria for defining SMEs and suggested that it differs from country to country and are based upon different variables such as number of employees, revenue, nature of trade etc.

(Fu, 2011). Normally, the number of employees for SMEs are defined at less than or equal to fifty for relatively small organizations whereas for medium organizations, the upper limit of number of employees is normally between 100 to 250.(Capitas,2013) Within Saudi Arabia, various organizations define SMEs according to different criteria and are followed by different organizations. There are two important criteria used in defining SMEs within Saudi Arabia. One criteria followed by the SME Development Center is to have less than or

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Literature review(The financial support of SMEs and their development Research Paper”, n.d.)
Literature review(The financial support of SMEs and their development Research Paper. Retrieved from https://studentshare.org/literature/1615139-literature-reviewthe-financial-support-of-smes-and-their-development-role-in-saudi-arabia
(Literature review(The Financial Support of SMEs and Their Development Research Paper)
Literature review(The Financial Support of SMEs and Their Development Research Paper. https://studentshare.org/literature/1615139-literature-reviewthe-financial-support-of-smes-and-their-development-role-in-saudi-arabia.
“Literature review(The Financial Support of SMEs and Their Development Research Paper”, n.d. https://studentshare.org/literature/1615139-literature-reviewthe-financial-support-of-smes-and-their-development-role-in-saudi-arabia.
  • Cited: 0 times

CHECK THESE SAMPLES OF Literature review(The financial support of SMEs and their development role in Saudi Arabia)

Florence of Arabia

Florence of arabia Some of the main characteristics of a modern society include justifiable legal rights, secularism, and democracy.... hellip; Within this scenario, the novel Florence of arabia by Christopher Buckley is noteworthy because the same unveils the main reasons behind the violation of human rights and underdevelopment in the Middle East, i.... Thesis statement: In the novel Florence of arabia, Christopher Buckley makes use of the character Florence Farfaletti to satirize medieval legal system in the Middle East, criticizes Islamic extremism and related atrocities faced by womenfolk, and further goes on to point out the need to integrate democracy in this area....
4 Pages (1000 words) Book Report/Review

What Role Does Technology Play in General Development

hellip; Technology plays a huge role in development.... An objective of this literature review is to identify the underlying relations between technology and the general development of society.... Therefore, the writer of the document will investigate how technology influences the directions of knowledge development within society.... Technology has influenced not only society; it has shifted accents from technology as a means of development to technology as a core issue of the society....
8 Pages (2000 words) Literature review

The role of literature

role of LiteratureLiterature therefore has a very important role to play in our society:i.... The best way to communicate to the outside world about your culture is through literature.... The best way to communicate to the outside world about your culture is through literature.... That is why Chimamanda says that, “…I did not know that people like me could exist in literature.... ?? When she read literature of similar people she realized that she could also exist in literature....
1 Pages (250 words) Book Report/Review

Memoirs of an Arabian Princess

In 1866, princess Salamah bint Said of Zanzibar resolved to elope with a Germany merchant and settled in Hamburg with her husband under a new name Emilie Ruete.... In the same year, 1866, an autobiography was published arousing her childhood, youth and her new life in foreign… It offers comments and thoughts of several subjects revolving around her life in Sultans palace, to political schemes, family and personal experiences as a new immigrant faced with rigorous Europe inhabitants, climate and challenges. Princess Salamah was born and Her father, ruler of Oman and east Africa, had many wives, dozens of children, countless visitors and army of slaves....
6 Pages (1500 words) Book Report/Review

Women and Decency in Islamic Culture

When Kristof observes that women in saudi arabia have to walk around in abayas (black cloaks), he, like many people, cannot help to wonder why culture has to put women to go such lengths.... Kristof's story may be seen through the prism of Plato's Cave where ignorance and lack of exposure play a critical role in determining the manner in which people perceive realities and illusions.... This paper is a literature review targeted at analyzing the following statement: whereas the world is slowly moving from feminism to postfeminism in search for gender equity, there is still a big challenge in advancing the same gains to every global culture....
4 Pages (1000 words) Literature review

Extra credit

However, in saudi arabia, sole proprietorship is only allowed for the Saudi nationals. Partnership is a form of business arrangement owned by two or more people.... In both US and saudi arabia, sole proprietorship is owned by one person, who assumes the roles of a decision maker, financier and enjoys all the profits or suffers all the losses made by the business alone.... Partnership business is allowed in both USA and saudi arabia.... in saudi Individuals can come together and form a joint business which they own as a group and share all the profits, losses and decision making....
4 Pages (1000 words) Book Report/Review

The Video Turning Point Jerusalem Featuring Peter Jennings

I felt that more time and detail went into the reporting on the Jewish role in the construction of the original city of Jerusalem.... know that many modern political scientists have discounted the idea that religious ideology does not play an important role in the current political climate of the Middle East.... I do not feel that this is a true reflection of the important role religion plays in the current Middle East.... This movie review "The Video Turning Point Jerusalem Featuring Peter Jennings" discusses the video “Turning Point: Jerusalem” featuring Peter Jennings of ABC News that is a very informative video from a historical perspective....
6 Pages (1500 words) Movie Review

The Decameron and the Arabia Nights

This review "The Decameron and the arabia Nights" focuses on the two sets of stories as they teach people from different backgrounds about the nature of the world.... They are very significant in outlining the cultural foundations of different ethnical groups.... hellip; Cases of betrayal are present in the two sets of stories as cases of unfaithfulness in marriages is witnessed among the characters used....
5 Pages (1250 words) Book Report/Review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us