Title: Efficient Ecosystem and its role in encouraging Entrepreneurship

Biography:

Prof Saad Darwish is working at Kingdom University, Bahrain.

Abstract

The GCC is known for the gas and oil that made them the wealthiest worldwide. The economies of these countries depend on gas and oil extraction activities. GCC countries usually are concerned about achieving economic diversification by setting the programs and policies for stimulating investment in different sectors. Entrepreneurship and SMEs in GCC need to learn from the developed countries and attain experiences that succeeded in accelerating Entrepreneurship and SMEs evolving their Ecosystems. The best feature of the GCC entrepreneurial ecosystem is its connection to the oil-based market, where GCC entrepreneurs benefit from numerous opportunities and assistance from their governments. The Gulf Cooperation Council (GCC) governments encourage entrepreneurs and provide funding to help them conduct business locally and in foreign markets. The physical and service infrastructure, on the other hand, is the best feature of their Ecosystem. Thus, the current talk discusses the actual situation of the Ecosystem and how this will influence nurturing entrepreneurship."