Entrepreneurship in Kuwait

Ramadani, Veland; Palalić, Ramo; Dana, Léo‐Paul; Bičo, Azra

doi:10.1142/9781786348081_0003

Cited by 5 publications

(5 citation statements)

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“…The correlation between family businesses and innovation orientation is not studied so far in Kuwait. There is a lack of studies about family business in general in Kuwait, since there are only very few studies (Abdullah, 2020; Dana et al , 2021; Ramadani et al , 2021; Saleh, 2020; Welsh and Raven, 2006). This research is the first attempt to measure the impact of innovation orientation on the family businesses performance in Kuwait, and it is conducted during the COVID-19 pandemic initial period and would represent a good base for further similar research on the GCC countries and beyond.…”

Section: Introductionmentioning

confidence: 99%

Innovation orientation and performance of Kuwaiti family businesses: evidence from the initial period of COVID-19 pandemic

Zainal

2020

JFBM

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PurposeThis paper analyses the impact of innovation orientation on the family business performance in Kuwait. Further, the aim of this paper is to understand the innovation culture among Kuwaiti family businesses and the innovation orientation concept and its importance for these businesses.Design/methodology/approachThe study will use a quantitative research methodology in order to investigate the relationship between independent variables: creativity, risk-taking, future orientation, openness to change and proactiveness with Kuwaiti business performance as a dependent variable. A well-structured questionnaire is distributed to 150 family businesses that operate in Kuwait, where 114 of the respondents responded positively. Structural equation modeling (SEM) analysis was used for evaluating the proposed model.FindingsThe results show that creativity, risk-taking and future orientation have significant relationship with business performance, while openness to change and proactiveness do not have any significant relationship with business performance.Research limitations/implicationsThis research is conducted during the period of initial months of COVID-19 pandemic, March–July 2020 respectively, and responses might be influenced by the current situation.Originality/valueThe correlation between family businesses and innovation orientation is not studied so far in Kuwait. There is a lack of studies about family business in general in Kuwait since there are only very few research studies. This is the first research about this topic that covers Kuwait as a country.

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Section: Introductionmentioning

confidence: 99%

Innovation orientation and performance of Kuwaiti family businesses: evidence from the initial period of COVID-19 pandemic

Zainal

2020

JFBM

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“…This region lacks of research that will treat research themes like entrepreneurship from general to very tiny part of this field (Dana et al , 2021; Ramadani et al , 2021). As the region is getting a momentum in attracting researchers to discover novelties and contribute theoretically and practically, this call for papers had the chance to contribute to the research development of this region.…”

Section: Contributors Of the Special Issuementioning

confidence: 99%

Guest editorial: Entrepreneurship activities among the Gulf Cooperation Council (GCC) enterprising communities

Palalić,

Gerguri-Rashiti,

Zeqiri

et al. 2023

JEC

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“…Kuwait covers an area of 17,818 square meters. Kuwait city is the capital of the country (Ramadani et al, 2020).…”

Section: Literature Review 21 Context Of Kuwaitmentioning

confidence: 99%

“…Recently, even that a significant development of entrepreneurship and small business start-ups is noticed in Kuwait (Saltzman, 2014), where Doing Business (2018) ranked Kuwait at 96th position, out of 190 countries, World Bank reported that small-and medium-sized businesses made up only 3% of Kuwait's GDP in 2016, when the global average in highincome countries was around 50% (Domat, 2020). Now, starting a business in Kuwait is easier due to establishment of the one-stop shop and improving online registration (Ramadani et al, 2020). In April 2013 was established the National Fund for the Promotion and Development of SMEs as one of the most important public institution for supporting SMEs in Kuwait, with a capital of 2 billion KWD (around 6.6 billion USD).…”

Section: Literature Review 21 Context Of Kuwaitmentioning

confidence: 99%

Family entrepreneurship and banking support in Kuwait: conventional vs Islamic banks

Abdullah

2020

JFBM

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PurposeIn this paper family entrepreneurship and its banking support in Kuwait is discussed, as one of the wealthiest countries in the world. In the beginning is provided an overview of the Kuwaiti context of entrepreneurship and small- and medium-sized enterprises (SMEs), followed by discussion of family businesses' profile and benefits to the economy and society. The paper discusses the banking sector in Kuwait and its contribution to the development of family entrepreneurship and the small business sector in Kuwait.Design/methodology/approachFor purposes of this study a multiple case study approach and a snowballing sample was used.FindingsEven that, Kuwait is considered as an Islamic country, from the answers and comments that were received from our research, we concluded that most of the family businesses cooperate with conventional banks, instead of Islamic banks.Practical implicationsSeveral supporting products are described and analysed in this paper, which can help family business and SMEs' owners where to address when a support is needed. Also are provided information on similarities and differences between Islamic and conventional banking.Originality/valueThis paper is one of the first papers that discusses family businesses and entrepreneurship in Kuwait and the support they receive from Islamic and conventional banks. It provides original quotes from family business owners regarding this topic.

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Entrepreneurship in Kuwait

Cited by 5 publications

References 0 publications

Innovation orientation and performance of Kuwaiti family businesses: evidence from the initial period of COVID-19 pandemic

Innovation orientation and performance of Kuwaiti family businesses: evidence from the initial period of COVID-19 pandemic

Guest editorial: Entrepreneurship activities among the Gulf Cooperation Council (GCC) enterprising communities

Family entrepreneurship and banking support in Kuwait: conventional vs Islamic banks

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