Assessing the Impact of Major Political and Institutional Factors on New Businesses: The Case of Qatar
Author | Eid, Ashraf Galal |
Author | G. Abdul-Salam, Abdel Salam |
Author | Abdul Jaleel, Farasha |
Available date | 2023-01-18T08:39:01Z |
Publication Date | 2022 |
Publication Name | Innovation, Technology and Knowledge Management |
Resource | Scopus |
Abstract | This chapter provides an assessment of the impact of the major political and institutional factors on establishing new businesses in the State of Qatar in the long run using the autoregressive distributed lag (ARDL) model. In particular, we are interested in studying the following political and institutional factors: political stability, rule of law, regulatory quality, control of corruption, and voice and accountability on new businesses registered. Empirical results indicate that political stability is found to have the strongest positive and significant impact among all other political and institutional variables, followed by rule of law, and control of corruption, while regulatory quality and voice and accountability are found to have an insignificant effect on new businesses registered. The outcome of this study helps policymakers in Qatar in figuring out the main political and institutional policies that need improvement to further develop and promote the private sector. 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG. |
Sponsor | Likewise, in UAE, SMEs receive support from institutions such as the Development Advisory, Dubai Entrepreneurship Academy, Hamdan Innovation Incubator, and the FUND.Furthermore, the National Business Center (NBC), Fund for Development of Youth Projects (Sharakah), and Oman Development Bank provide similar services to SMEs in Oman. Kuwait has established many successful SME-empowering programs including the Kuwait Small Projects Development Company (KSPDC), Al-Raeda Enterprises Company, KAMCO, and National Fund for the Promotion and Development of SMEs. Lastly, Bahrain's Tamkeen Program, Bahrain Small and Medium Enterprises Development Society, Bahrain Business Incubator Centre (BBIC), SMEs Development Directorate, and Centre of Excellence for Micro-Enterprises Development function to establish and sustain a favorable environment of local SMEs. |
Language | en |
Publisher | Springer |
Subject | Autoregressive Distributed Lag model Institutional factors New businesses Political factors Qatar |
Type | Book chapter |
Pagination | 105-124 |
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