{"product_id":"business-and-entrepreneurship-in-saudi-arabia-isbn-9781118943960","title":"Business and Entrepreneurship in Saudi Arabia","description":"\u003cb\u003eAn investor's crucial guide to the changing face of Saudi Arabian business\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eBusiness and Entrepreneurship in Saudi Arabia\u003c\/i\u003e is an essential reference guide, informing investors on the key issues that define how business will be done as the nation's family-owned businesses change hands. Supported by the U.S.-Saudi Arabian Business Council, this book introduces the reader to the new Saudi entrepreneur and explains why Saudi Arabia's boom deserves more of the world's attention. As the heads of family-owned businesses age and corporate boards are reshaped, business practices will be influenced by the ascension of the country's young leaders. Interviews with young Saudi entrepreneurs describe the challenges, triumphs, failed attempts, and successful endeavors they experience every day as time-tested traditional models bump up against more modern, innovative ideas and methods. The book's companion website features a variety of useful tools and documents that help readers implement the concepts presented, and the firsthand information provides deep insight into the future of these companies.\u003c\/p\u003e \u003cp\u003eSaudi Arabia is profoundly influencing the technological advances of multiple industries through increasing collaboration and in-country partnerships with communities around the world. The evolution of the Kingdom's family-owned businesses is becoming more important to investors as young Saudis claim their legacies, and this book provides an insightful understanding of the changing nature of Saudi business.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eMeet the emerging entrepreneur class of Saudi Arabia\u003c\/li\u003e \u003cli\u003eLearn how the Saudi boom affects global business\u003c\/li\u003e \u003cli\u003eDiscover what investors need to know about the Saudi economy\u003c\/li\u003e \u003cli\u003eExamine how time and technology is reshaping the way business is done\u003c\/li\u003e \u003cli\u003eGain useful insight into the direction management of the Kingdom's growth will take over the next five years\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe Saudi economy constitutes thirty percent of the Arab world's GDP, and sixty percent of the population is under the age of thirty. \u003ci\u003eBusiness and Entrepreneurship in Saudi Arabia\u003c\/i\u003e provides essential information investors need to navigate the changing tide of doing business in Saudi Arabia.\u003c\/p\u003e \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xxi\u003c\/p\u003e \u003cp\u003eAbout the Author xxii\u003c\/p\u003e \u003cp\u003eIntroduction xxiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 The Kingdom’s Modern Economy and Economic Might 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Modern Saudi Economy and the National Development Plans 1\u003c\/p\u003e \u003cp\u003eThe Private Sector’s Role in National Development and Non-Oil GDP 8\u003c\/p\u003e \u003cp\u003eSo, How Has It All Worked Out? 9\u003c\/p\u003e \u003cp\u003eThe Kingdom’s Path to Economic Diversification 17\u003c\/p\u003e \u003cp\u003eNotes 29\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 Innovation in Saudi Arabia: The Kingdom’s March Toward the Future 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEvaluating Innovation in Saudi Arabia: The Global Innovation Index and the Importance of International Market Engagement 33\u003c\/p\u003e \u003cp\u003eInnovation versus Invention 40\u003c\/p\u003e \u003cp\u003eTechnological and Scientific Discovery in Saudi Arabia 42\u003c\/p\u003e \u003cp\u003eKing Abdulaziz City for Science and Technology (KACST) 45\u003c\/p\u003e \u003cp\u003eKing Abdullah University for Science and Technology (KAUST) 56\u003c\/p\u003e \u003cp\u003eIndustrial Clusters Program (IC), SABIC, and Saudi Intellectual Property 62\u003c\/p\u003e \u003cp\u003eNotes 67\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 The Development of Family-Owned Businesses in Saudi Arabia 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefining the Family-Owned Business (FOB) 69\u003c\/p\u003e \u003cp\u003eThe Corporate versus Social Nature of the Saudi Family-Owned Business 74\u003c\/p\u003e \u003cp\u003eCorporate Succession within Saudi Family-Owned Business and New Generation Integration 81\u003c\/p\u003e \u003cp\u003eManagement of Strategic Focus and the Importance of Corporate Governance 90\u003c\/p\u003e \u003cp\u003eIllustrations of Saudi Family-Owned Businesses 98\u003c\/p\u003e \u003cp\u003eNotes 116\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 Entrepreneurship in Saudi Arabia Today 120\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDefining \"Entrepreneur\" in Saudi Arabia 120\u003c\/p\u003e \u003cp\u003eSaudi Entrepreneurs—The Decision to Go into Business 130\u003c\/p\u003e \u003cp\u003eMr. Saud Al-Suhaimi, CEO of Jawlah Tours 136\u003c\/p\u003e \u003cp\u003eMr. Abdulrahman Al-Olayan, Businessman, Lecturer, Doctoral Candidate 142\u003c\/p\u003e \u003cp\u003eBankruptcy in Saudi Arabia 150\u003c\/p\u003e \u003cp\u003eNotes 157\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 Exploring Saudi Entrepreneurism and Opportunities for Business 162\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEntrepreneurship as a Catalyst for Economic Growth—Saudi Realities 162\u003c\/p\u003e \u003cp\u003ePromotion and Support of Saudi Entrepreneurs and Small and Medium-Sized Businesses 168\u003c\/p\u003e \u003cp\u003eEndeavor Global Incorporated (Endeavor) and Endeavor Saudi Arabia 169\u003c\/p\u003e \u003cp\u003eThe National Entrepreneurship Institute (RIYADAH) 178\u003c\/p\u003e \u003cp\u003eThe Centennial Fund (TCF) 186\u003c\/p\u003e \u003cp\u003eSaudi Technology Development and Investment Company (TAQNIA) 192\u003c\/p\u003e \u003cp\u003eNotes 198\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 New Horizons for the Kingdom and for Its Domestic and Foreign Businesses 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA New Era in U.S.–Saudi Commercial Relations 201\u003c\/p\u003e \u003cp\u003eSaudi and American Goodwill and Right Intentions—A High-Level Discussion on U.S.–Saudi Bilateral Commercial\u003c\/p\u003e \u003cp\u003eRelationships 206\u003c\/p\u003e \u003cp\u003eNew Fiscal Realities and Recurrent Development Themes 211\u003c\/p\u003e \u003cp\u003eClosing Thoughts 218\u003c\/p\u003e \u003cp\u003eNotes 220\u003c\/p\u003e \u003cp\u003eIndex 223\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eEDWARD BURTON\u003c\/b\u003e is CEO and president of the USSABC. He works with the American and Saudi public and private sectors to promote the interests of the U.S.-Saudi Arabian bilateral commercial relationship. Ed has counseled hundreds of Fortune 500 companies, as well as small- and middle-tier firms in such industries as construction, medical and pharmaceutical, defense and security, information technology, power and water, and technical services.    \u003c\/p\u003e\u003cp\u003eAlot has changed in Saudi Arabia since the discovery of oil, the first push for economic development, and the onset of industrial expansion. Now, the country makes up thirty percent of the Arab world's GDP, and the evolution of family-owned businesses is becoming more important to investors as young Saudis step up to claim their legacies. \u003ci\u003eBusiness and Entrepreneurship in Saudi Arabia\u003c\/i\u003e is your insider's guide to the changing face and mindset of the influencers occupying the C-suites inside the Kingdom. \u003c\/p\u003e\u003cp\u003eThis multidimensional look at the emerging new generation of business leaders comes with the rare wisdom of someone working day-to-day in the Saudi business world as both a government agent and a businessman. CEO and President of the US-Saudi Arabian Business Council (USSABC) Edward Burton brilliantly details a fresh picture of the new class of leadership, which includes those who take guidance from the customary ways of doing business as well as a growing number of pioneers who are changing the way business is done by influencing technological innovation and reimagining the role of business leaders. In an eye-opening walk through the highlighted history of the Saudi economy, he shows you how past leaders developed the nation's prosperity to not only get a seat at the G-20 table but also outperform many of the constituent members in under twenty years. Then, he connects the dots to clarify the strategic alliances and partnerships open to U.S. companies seeking a global competitive edge and gets you there fast and in proper form by providing a valuable tour of the Saudi marketplace, including: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eWhat it means to be an entrepreneur in Saudi Arabia\u003c\/li\u003e \u003cli\u003eThe nuances of family-owned businesses, complete with firsthand profiles of major companies\u003c\/li\u003e \u003cli\u003eA comprehensive look at the Kingdom's Tenth Development Plan and its superseding economic compacts with the Saudi people, Vision 2030, and the National Transformation Plan, which detail strategies for Saudi Arabia's future growth\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWhether you're investing capital or developing business, \u003ci\u003eBusiness and Entrepreneurship in Saudi Arabia\u003c\/i\u003e is the essential resource for operating like a pro in this lucrative economy.     \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe Keys to Doing Business in the Kingdom\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eBusiness and Entrepreneurship in Saudi Arabia\u003c\/i\u003e is the new, essential reference guide for anyone looking to do business and invest in Saudi Arabia. Supported by the U.S.-Saudi Arabian Business Council, this groundbreaking resource is your primer and insider's guide to the booming economy earning the world's attention and the numerous strategic opportunities now available to sharp leaders and investors who know how to operate in the Kingdom. Get to know the names of the major players, the political and economic histories, and the actionable approaches to smoothly operate under often confusing and complicated conditions. This single resource is all you need to:  \u003c\/p\u003e\u003cul\u003e \u003cli\u003eUnderstand the challenges and needs of young Saudi entrepreneurs in   their own words\u003c\/li\u003e \u003cli\u003eExamine how global competitiveness and technology are redefining business\u003c\/li\u003e \u003cli\u003eApply the useful tools and covered concepts in the real world\u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003eUnlock the fresh landscape of prospects in one of the world's youngest and wealthiest countries with \u003ci\u003eBusiness and Entrepreneurship in Saudi Arabia.\u003c\/i\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988870119653,"sku":"NP9781118943960","price":65.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118943960.jpg?v=1761781852","url":"https:\/\/k12savings.com\/es\/products\/business-and-entrepreneurship-in-saudi-arabia-isbn-9781118943960","provider":"K12savings","version":"1.0","type":"link"}