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Exploring the Entrepreneurial Ecosystem for Transformational Entrepreneurship in Knowledge-Intensive Businesses in Saudi Arabia

Ahood ALHAGBANI, Paul Jones Orcid Logo, Samuel Ebie Orcid Logo

Institute of Small Business and Entrepreneurship (ISBE), Sheffield, UK.

Swansea University Authors: Paul Jones Orcid Logo, Samuel Ebie Orcid Logo

Abstract

This study investigates the dynamics of the entrepreneurial ecosystem (EE) in fostering transformational entrepreneurship (TE) among knowledge-intensive businesses (KIBs) in Saudi Arabia (KSA). With a focus on identifying opportunities, evaluating barriers, and assessing the impact of digital techno...

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Published in: Institute of Small Business and Entrepreneurship (ISBE), Sheffield, UK.
ISBN: 9781900862363
Published: 2024
URI: https://cronfa.swan.ac.uk/Record/cronfa68331
Abstract: This study investigates the dynamics of the entrepreneurial ecosystem (EE) in fostering transformational entrepreneurship (TE) among knowledge-intensive businesses (KIBs) in Saudi Arabia (KSA). With a focus on identifying opportunities, evaluating barriers, and assessing the impact of digital technology, the research underscores the critical role of EE in supporting KSA’s transition towards a knowledge-based economy. Existing literature reveals the fragmented understanding of EEs and limited exploration in emerging economies, particularly in KSA. This study addresses these gaps by examining the factors shaping TE in KIBs and the transformative potential of digital platforms. Adopting an interpretivist paradigm and an exploratory inductive approach, the research utilises semi-structured interviews with key stakeholders, including entrepreneurs, government representatives, and educational institutions. Findings highlight the dual role of digital technology in enabling innovation and posing challenges such as data security and privacy concerns. The study contributes to theoretical and practical knowledge by providing insights into the interplay between digital transformation, entrepreneurship, and ecosystem dynamics, offering strategic implications for policymakers and practitioners in emerging economies.
College: Faculty of Humanities and Social Sciences