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Fostering SMEs innovation performance development in Saudi Arabia considering vision 2030

The objective of this paper is to examine how SMEs in Saudi Arabia can fostered in the economy through innovation, performance and development. It specifically emphasizes on how Saudi Arabia’s vision 2030 can be achieve through the alignment of IT and technological goals. SMEs in Saudi Arabia face w...

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Main Authors: Al-Tayyar, Saud, Raed, Abd Rahman, Azmawani, Ali, Mass Hareeza, Kazaure, Mansur Ahmed
Format: Article
Language:English
Published: Science and Engineering Research Support Society 2020
Online Access:http://psasir.upm.edu.my/id/eprint/89060/1/SME.pdf
http://psasir.upm.edu.my/id/eprint/89060/
http://sersc.org/journals/index.php/IJAST/article/view/14434
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spelling my.upm.eprints.890602021-09-21T23:10:05Z http://psasir.upm.edu.my/id/eprint/89060/ Fostering SMEs innovation performance development in Saudi Arabia considering vision 2030 Al-Tayyar Saud, Raed Abd Rahman, Azmawani Ali, Mass Hareeza Kazaure, Mansur Ahmed The objective of this paper is to examine how SMEs in Saudi Arabia can fostered in the economy through innovation, performance and development. It specifically emphasizes on how Saudi Arabia’s vision 2030 can be achieve through the alignment of IT and technological goals. SMEs in Saudi Arabia face with various challenges caused by lack of access to the advance technology. In order to achieve the research objectives and answering the research questions, the paper critically evaluated the role of SMEs in achieving vision 2030 by assessing aspects such as job creation, the gross domestic product, service and industry creation and business innovations. It also looked at how SMEs can tap into the technological and IT resources in working towards these goals. Finally, the paper explored the challenges faced by the SMEs in terms of achieving these goals before giving recommendations. The main findings from the paper were that innovation in IT and technology encourages the growth of small & medium enterprises that will help in the achievement of Saudi Arabia’s vision 2030. Science and Engineering Research Support Society 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/89060/1/SME.pdf Al-Tayyar and Saud, Raed and Abd Rahman, Azmawani and Ali, Mass Hareeza and Kazaure, Mansur Ahmed (2020) Fostering SMEs innovation performance development in Saudi Arabia considering vision 2030. International Journal of Advanced Science and Technology, 29 (10 spec.). 347 - 356. ISSN 2005-4238; ESSN: 2207-6360 http://sersc.org/journals/index.php/IJAST/article/view/14434
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description The objective of this paper is to examine how SMEs in Saudi Arabia can fostered in the economy through innovation, performance and development. It specifically emphasizes on how Saudi Arabia’s vision 2030 can be achieve through the alignment of IT and technological goals. SMEs in Saudi Arabia face with various challenges caused by lack of access to the advance technology. In order to achieve the research objectives and answering the research questions, the paper critically evaluated the role of SMEs in achieving vision 2030 by assessing aspects such as job creation, the gross domestic product, service and industry creation and business innovations. It also looked at how SMEs can tap into the technological and IT resources in working towards these goals. Finally, the paper explored the challenges faced by the SMEs in terms of achieving these goals before giving recommendations. The main findings from the paper were that innovation in IT and technology encourages the growth of small & medium enterprises that will help in the achievement of Saudi Arabia’s vision 2030.
format Article
author Al-Tayyar
Saud, Raed
Abd Rahman, Azmawani
Ali, Mass Hareeza
Kazaure, Mansur Ahmed
spellingShingle Al-Tayyar
Saud, Raed
Abd Rahman, Azmawani
Ali, Mass Hareeza
Kazaure, Mansur Ahmed
Fostering SMEs innovation performance development in Saudi Arabia considering vision 2030
author_facet Al-Tayyar
Saud, Raed
Abd Rahman, Azmawani
Ali, Mass Hareeza
Kazaure, Mansur Ahmed
author_sort Al-Tayyar
title Fostering SMEs innovation performance development in Saudi Arabia considering vision 2030
title_short Fostering SMEs innovation performance development in Saudi Arabia considering vision 2030
title_full Fostering SMEs innovation performance development in Saudi Arabia considering vision 2030
title_fullStr Fostering SMEs innovation performance development in Saudi Arabia considering vision 2030
title_full_unstemmed Fostering SMEs innovation performance development in Saudi Arabia considering vision 2030
title_sort fostering smes innovation performance development in saudi arabia considering vision 2030
publisher Science and Engineering Research Support Society
publishDate 2020
url http://psasir.upm.edu.my/id/eprint/89060/1/SME.pdf
http://psasir.upm.edu.my/id/eprint/89060/
http://sersc.org/journals/index.php/IJAST/article/view/14434
_version_ 1712286750094655488
score 13.211869

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