Top

previous chapter Entrepreneurship and Institutional Change in Em...

next chapter The Role of Modern Technologies on Entrepreneur...

Hint

Swipe to navigate through the chapters of this book

2021 | OriginalPaper | Chapter

Governmental Supportive Policies for Green Entrepreneurial Activity in Saudi Arabia: An Institutional Analysis

Read first chapter

Authors: Wafa Alwakid, Sebastian Aparicio, David Urbano

Publisher: Springer International Publishing

Published in: Legal-Economic Institutions, Entrepreneurship, and Management

» Get access to the full-text

Abstract

In this exploratory study, we analyzed the influence of governmental supportive policies on green entrepreneurial activity in Saudi Arabia, using institutional economics as a theoretical framework. Based on data from reports of the General Authority for Meteorology and Environmental Protection and the General Authority for Statistics, both fixed and random effects models were applied in 21 cities within Saudi Arabia (2014–2018). The main findings show that environmental, innovation, and entrepreneurship governmental supportive policies exert a significantly positive influence on green entrepreneurship. Future implications for policymaking and managerial decisions related to targeted awareness raising and environmental care can be derived from this study.

Please log in to get access to this content

To get access to this content you need the following product:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 69.000 Bücher
über 500 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Umwelt
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Testen Sie jetzt 30 Tage kostenlos.

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 58.000 Bücher
über 300 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Testen Sie jetzt 30 Tage kostenlos.

inform now

Abdul Rahman, O. H. (2016). The role of Sudanese universities in building a knowledge society: University of Khartoum as a model. Cybrarians Journal, 43, 1–23.

Aidis, R., Estrin, S., & Mickiewicz, T. (2008). Institutions and entrepreneurship development in Russia: A comparative perspective. Journal of Business Venturing, 23(6), 656–672. CrossRef

Alamoudi, R. H., & Bagaaifar, A. A. (2017). How to encourage entrepreneurship and new business in the Kingdom of Saudi Arabia: Research on regulations, policies and obstacles. International Journal of Basic & Applied Sciences, 17(3), 7–14.

Al-Barawi, A. K. J., Al-Habshi, M. A., Al-Shennawi, A. S., & Ibrahim, M. (2017). The reality of educational transformations as an entry point for the realization of the knowledge society in Palestine as seen by the private education schools’ principals and teachers. Journal of Reading and Knowledge - Egypt, 183, 207–235.

Alessa, A., & Alajmi, S. (2017). The development of Saudi Arabian entrepreneurship and knowledge society. International Journal of Management Excellence, 9(3), 1155. CrossRef

Alwakid, W., Aparicio, S., and Urbano, D. (2020). Cultural antecedents of green entrepreneurship in Saudi Arabia: An institutional approach. Sustainability. Forthcoming article.

Aparicio, S., Urbano, D., & Audretsch, D. (2016). Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence. Technological Forecasting and Social Change, 102, 45–61. CrossRef

Aparicio, S., Audretsch, D., and Urbano, D. (2020). Does entrepreneurship matter for inclusive growth? The role of social progress orientation. Entrepreneurship Research Journal. In press, https://doi.org/10.1515/erj-2019-0308.

Aparicio, S., Audretsch, D., & Urbano, D. (2021). Why is export-oriented entrepreneurship more prevalent in some countries than others? Contextual antecedents and economic consequences. Journal of World Business, 56(3), 101177.

Arora, S., & Casson, T. N. (1996). Why do firms volunteer to exceed environmental regulations? Understanding participation in EPA’s 33/50 program. Land Economics, 72, 413–432. CrossRef

Ashri, O. (2019). On the fast track: Saudi Arabia’s entrepreneurship ecosystem. https://www.entrepreneur.com/article/336766.

Baltagi, B. (2008). Econometric analysis of panel data. Hoboken: John Wiley and Sons.

Barrett, S. (1991). Environmental regulations for competitive advantage. Business Strategy Review, 2, 1–15. CrossRef

Baumgartner, F. R., & Jones, B. D. (1993). Agendas and instability in American politics. Chicago: University of Chicago Press.

Baumol, W. J. (1990). Entrepreneurship: Productive, unproductive, and destructive. The Journal of Political Economy, 98(5), 893–921. CrossRef

Bjørnskov, C., & Foss, N. J. (2016). Institutions, entrepreneurship, and economic growth: What do we know and what do we still need to know? Academy of Management Perspectives, 30(3), 292–315. CrossRef

Bosma, N., Content, J., Sanders, M., & Stam, E. (2018). Institutions, entrepreneurship, and economic growth in Europe. Small Business Economics, 51(2), 483–499. CrossRef

Bowen, H., & De Clercq, D. (2008). Institutional context and the allocation of entrepreneurial effort. Journal of International Business Studies, 39(4), 747–767. CrossRef

Bruton, G. D., Ahlstrom, D., & Li, H.-L. (2010). Institutional theory and entrepreneurship: Where are we now and where do we need to move in the future? Entrepreneurship Theory and Practice, 34(3), 421–440. CrossRef

Cohen, B., & Winn, M. I. (2007). Market imperfections, opportunity and sustainable entrepreneurship. Journal of Business Venturing, 22(1), 29–49. CrossRef

Crals, E., & Vereeck, L. (2004). Sustainable entrepreneurship in SMEs. Theory and practice. Belgium: Limburgs Universitair Centrum.

Cumming, D. J., Johan, S. A., & Zhang, M. (2014). The economic impact of entrepreneurship: Comparing international datasets. Corporate Governance: An International Review, 22(2), 162–178. CrossRef

Dai, W., & Si, S. (2018). Government policies and firms entrepreneurial orientation: Strategic choice and institutional perspectives. Journal of Business Research, 93, 23–36. CrossRef

Dean, T. J., & McMullen, J. S. (2007). Toward a theory of sustainable entrepreneurship: Reducing environmental degradation through entrepreneurial action. Journal of Business Venturing, 22(1), 50–76. CrossRef

Del Rio, P., Carrillo-Hermossilla, J., & Könnöla, T. (2010). Policy strategies to promote eco-innovation; an integrated framework. Journal of Industrial Ecology, 14(4), 541–557. CrossRef

Díez-Martín, F., Blanco-González, A., & Prado-Román, C. (2016). Explaining nation-wide differences in entrepreneurial activity: A legitimacy perspective. International Entrepreneurship and Management Journal, 12(4), 1079–1102. CrossRef

Edler, J., & Fagerberg, J. (2017). Innovation policy: What, why, and how. Oxford Review of Economic Policy, 33(1), 2–23. CrossRef

General Organization for Statistics. (2019). The total population of Saudi Arabia for 2018 (people). [online] Available at: https://www.stats.gov.sa/en/indicators/1. Accessed 1 Mar 2019.

Hair, J., Black, W. C., Babin, B. J., & Anderson, R. E. (2010). Multivariate data analysis (7th ed.). Upper saddle River: Pearson Education International.

Hines, F., & Marin, O. (2004). Editorial building innovations for sustainability: 11th international conference of the greening of industry network. Business Strategy and Development, 13, 201–208. https://www.oecd-ilibrary.org/docserver/9789264097711-4-en.pdf?expires=1554803036andid=idandaccname=guestandchecksum=464B332FE9F52855E0157FA16192974B.

Juma, N., James, C., & Kwesiga, E. (2017). Sustainable entrepreneurship in Sub-Saharan Africa: The collaborative multi-system model. Journal of Small Business and Entrepreneurship, 29(3), 211–235. CrossRef

Khan, M. R. (2013). Mapping the entrepreneurship ecosystem of Saudi Arabia. World Journal of Entrepreneurship, Management, and Sustainable Development, 9(1), 28–54. CrossRef

Kingdom of Saudi Arabia. (2018). Sustainable development goals 1st voluntary National Review Kingdom of Saudi Arabia. New York. https://sustainabledevelopment.un.org/content/documents/20230SDGs_English_Report972018_FINAL.pdf

Konar, S., & Cohen, M. A. (1997). Information as regulation: The influence of community right know laws on toxic emissions. Journal of Environmental Economics and Management, 32, 109–124. CrossRef

Kraus, P., Stokes, P., Cooper, S., Liu, Y., Moore, N., Britzelmaier, B. and Tarba, S. (2020). Cultural antecedents of sustainability and regional economic development - a study of SME ‘Mittelstand’ firms in Baden-Württemberg (Germany). Entrepreneurship & Regional Development. In press, https://doi.org/10.1080/08985626.2020.1713223.

Kshetri, N. (2010). Business perceptions of regulative institutions in Central and Eastern Europe. Baltic Journal of Management, 5(3), 356–377. CrossRef

Kuckertz, A., & Wagner, M. (2010). The influence of sustainability orientation on entrepreneurial intentions investigating the role of business experience. Journal of Business Venturing, 25(5), 524–539. CrossRef

Meek, W. R., Pacheco, D. F., & York, J. G. (2010). The impact of social norms on entrepreneurial action: Evidence from the environmental entrepreneurship context. Journal of Business Venturing, 25(5), 493–509. CrossRef

Mewa. (2019). Sustainable Development. [online] Available at: https://www.mewa.gov.sa/en/Ministry/initiatives/SustainableDevelopment/Pages/default.aspx. Accessed 27 Mar 2019.

Minniti, M. (2008). The role of government policy on entrepreneurial activity: Productive, unproductive, or destructive? Entrepreneurship Theory and Practice, 32(5), 779–790. CrossRef

Moe.gov.sa. (2019). Kingdom of Saudi Arabia - Ministry of Education. [online] Ministry of Education portal. Available at: https://www.moe.gov.sa/en/Pages/StatisticalInformation.aspx. Accessed 21 Sep 2019.

Mohamad, Z., Ibrahim, Y., Muda, M., & Moklis, S. (2013). Government supports and sustainability of tourism entrepreneurs in Malaysia. The International Journal of Social Sciencies, 11(1), 46–51.

Mohnen, P., & Röller, L. (2005). Complementarities in innovation policy. European Economic Review, 49(6), 1431–1450. CrossRef

Nader, S., & Faghih, N. (2015). Studying entrepreneurial marketing for information technology SMEs based on the classic grounded theory. QScience Connect, 9, 2–13.

Nalband, N. A., Alkelabi, S., & Jaber, D. A. (2016). Innovation practices in Saudi Arabian businesses. International Journal of Business and Management, 11(4), 136–160. CrossRef

Nehrt, C. (1998). Maintainability of first-mover advantages when environmental regulations differ between countries. Academy of Management Review, 23(1), 77–97. CrossRef

North, D. C. (1990). Institutions, institutional change, and economic performance. Cambridge, UK: Cambridge University Press. CrossRef

North, D. C. (2005). Understanding the process of economic change. Princeton, NJ: Princeton University Press. CrossRef

O’Neill, G. D., Jr., Hershauer, J. C., & Golden, J. S. (2009). The cultural context of sustainability entrepreneurship. Greener Management International, 55, 33–46.

Obaji, N., & Olugu, M. (2014). The role of government policy in entrepreneurship development. Science Journal of Business and Management, 2(4), 109–114. CrossRef

OECD. (2011). Entrepreneurship at a Glance 2011. https://www.oecd-ilibrary.org/docserver/97892640977114en.pdf?expires=1558955662andid=idandaccname=guestandchecksum=142B4BCD48043481BBF787B4DB078A9

OECD. (2020). OECD reviews of innovation policy - OECD. [online] Available at: https://www.oecd.org/innovation/oecd-reviews-of-innovation-policy.htm. Accessed 17 Mar 2020.

Pacheco, D. F., Dean, T. J., & Payne, D. S. (2010). Escaping the green prison: Entrepreneurship and the creation of opportunities for sustainable development. Journal of Business Venturing, 25(5), 464–480. CrossRef

Papia, S. P. (2006). Factors determining success/failure in business incubators: A literature review of 17 countries. Major Qualifying Project, Worcester Polytechnic Institute. Available at: http://www.wpi.edu/Pubs/E-project/Available/E-project-121806084440/unrestricted/MQPPDF.pdf.

Peng, M. W., Sun, S. L., Pinkham, B., & Chen, H. (2009). The institution-based view as a third leg for a strategy tripod. Academy of Management Perspectives, 23(3), 63–81. CrossRef

Pillai, S. K. B. (2012). The role of venture Capital in the Middle East as aCatalyst of socio-economic transformation: A post 9/11 analysis. The Journal of Private Equity, 15(3), 77–95. CrossRef

Raines, S., & Prakash, A. (2005). Leadership matters policy entrepreneurship in corporate environmental policy making. Administration and Society, 37(1), 3–22. CrossRef

Rodgers, C. (2010). Sustainable entrepreneurship in SMEs: A case study analysis. Corporate Social Responsibility and Environmental Management, 17(3), 125–132. CrossRef

Schaltegger, S., & Wagner, M. (2011). Sustainable entrepreneurship and sustainability innovation: Categories and interactions. Business Strategy and the Environment, 20(4), 222–237. CrossRef

Schillo, R. S., Persaud, A., & Jin, M. (2016). Entrepreneurial readiness in the context of national systems of entrepreneurship. Small Business Economics, 46(4), 619–637. CrossRef

Shepherd, D. A., & Patzelt, H. (2011). The new field of sustainable entrepreneurship: Studying entrepreneurial action linking “what is to be sustained” with “what is to be developed”. Entrepreneurship Theory and Practice, 35(1), 137–163. CrossRef

Shuo, L. (2014). Study on the function of government in the innovation and development process for SMEs in China. In 2nd international conference on applied social science research (ICASSR 2014). Atlantis Press.

Smith, A., Voß, J., & Grin, J. (2010). Innovation studies and sustainability transitions: The allure of the multi-level perspective and its challenges. Research Policy, 39(4), 435–448. CrossRef

Suboh, A . (2015 ). Entrepreneurship In Saudi Arabia. https://www.forbesmiddleeast.com/leadership/entrepreneurship/entrepreneurship-in-saudi-arabia

The United Nations Conference on Environment and Development (UNCED). (1992). [online] Brazil: Rio de Janeiro. Available at: https://www.un.org/geninfo/bp/enviro.html. Accessed 22 Feb 2019.

Thompson, M. C. (2017). ‘Saudi vision 2030’: A viable response to youth aspirations and concerns? Asian Affairs, 48(2), 205–221. CrossRef

Thornton, P. H., Ribeiro-Soriano, D., & Urbano, D. (2011). Socio-cultural factors and entrepreneurial activity: An overview. International Small Business Journal, 29(2), 105–118. CrossRef

Urbano, D., & Aparicio, S. (2016). Entrepreneurship capital types and economic growth: International evidence. Technological Forecasting and Social Change, 102, 34–44. CrossRef

Urbano, D., Aparicio, S., & Audretsch, D. B. (2019a). Institutions, entrepreneurship, and economic performance. Cham: Springer. CrossRef

Urbano, D., Aparicio, S., & Audretsch, D. (2019b). Twenty-five years of research on institutions, entrepreneurship, and economic growth: What has been learned? Small Business Economics, 53(1), 21–49. CrossRef

Urbano, D., Audretsch, D., Aparicio, S., and Noguera, M. (2019c). Does entrepreneurial activity matter for economic growth in developing countries? The role of the institutional environment. International Entrepreneurship and Management Journal. In press, https://doi.org/10.1007/s11365-019-00621-5.

Uslu, Y., Hancıoglu, Y., & Demir, E. (2015). Applicability to green entrepreneurship in Turkey: A situation analysis. Procedia - Social and Behavioral Sciences, 195, 1238–1245. CrossRef

Welter, F. (2011). Contextualizing entrepreneurship—Conceptual challenges and ways forward. Entrepreneurship Theory and Practice, 35(1), 165–184. CrossRef

Williamson, O. E. (2000). The new institutional economics: Taking stock, looking ahead. Journal of Economic Literature, 38(3), 595–613. CrossRef

World Commission on Environment and Development (WCED). (1987). Report of the world commission on environment and development: Our common future. Geneva: United Nations.

Zahedi, A., & Otterpohl, R. (2015). Towards sustainable development by creation of green social Entrepreneur’s communities. Procedia CIRP, 26, 196–201. CrossRef

Zaydane, A. A. (2011). Entrepreneurship: The driving force of national economies. Bahrain: Gulf Arab Academy for Studies, Manama Branch.

Title

Governmental Supportive Policies for Green Entrepreneurial Activity in Saudi Arabia: An Institutional Analysis

Book

Legal-Economic Institutions, Entrepreneurship, and Management

Print ISBN: 978-3-030-60977-1

Electronic ISBN: 978-3-030-60978-8

https://doi.org/10.1007/978-3-030-60978-8

DOI

https://doi.org/10.1007/978-3-030-60978-8_8

Authors:

Wafa Alwakid
Sebastian Aparicio
David Urbano

Publisher

Springer International Publishing

Sequence number

Premium Partner

Image Credits