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Home > Archives > Volume 20, No 8 (2022) > Article

DOI: 10.14704/nq.2022.20.8.NQ44522

Sustainability Factors for Emirati Entrepreneurs and SMEs in the UAE

Mohamed SaifAlshehhi, Norhayati Zakuan

Abstract

The study aimed to identify the sustainability factors for Emirati entrepreneurs and small and medium enterprises in the United Arab Emirates, as well as to identify the reality of entrepreneurial projects and their contribution to the UAE economy. The researchers used the descriptive approach to achieve the study's goal. The study concluded that the most significant result is that small and medium enterprises are the main momentum of the UAE economy. These are classified as one of the most important mechanisms of strategic direction to support the production structure, especially as it represents more than 94% of the total number of companies operating in the country. The UAE is one of the most countries in the world in terms of the availability of sustainability factors for small and medium-sized entrepreneurial projects, and the country is working to employ the foundations of scientific research and modern technology to support the comprehensive and sustainable development process. It also gives entrepreneurs a wide scope of this support and enables them to acquire 21st century skills.

Keywords

UAE economy, entrepreneurship, medium enterprises, small enterprises, micro enterprises.

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