IDEAS home Printed from https://ideas.repec.org/a/ibn/ibrjnl/v10y2017i3p120-132.html
   My bibliography  Save this article

The Role of Small Businesses (Small Scale Economic Projects) in Alleviating the Acuity of Unemployment

Author

Listed:
  • Haga Elimam

Abstract

Small businesses are the essential constituents in the development of economy and generating employment opportunities within country. Unemployment is the major concern, which is spreading its roots in various forms and dimensions. The objective of the study was to examine the role of small businesses in alleviating the acuity of unemployment rate. Quantitative approach has been utilized to examine the role of small businesses. Therefore, data was collected from general statistics, directorate of the Kingdom of Saudi Arabia, during the years 2005-2013. Multiple Regression Analysis using the time series approach has been implemented to analyze the gathered information through SPSS version 20.0. The findings have stated that there was a significant impact of small projects on the unemployment rate of Saudi Arabia (p=0.097). Furthermore, statistically insignificant results were revealed for amount of funding variable (p=0.451). A negative relationship has been determined between unemployment rate and amount of funding; while positive and direct relationship was determined between unemployment rate and population. Small businesses are vital in escalating the economy of the country and sustaining the environmental protection. However, small businesses must amend themselves according to the strategies devised for large projects to contribute more to alleviate unemployment rate in the Kingdom of Saudi Arabia.

Suggested Citation

  • Haga Elimam, 2017. "The Role of Small Businesses (Small Scale Economic Projects) in Alleviating the Acuity of Unemployment," International Business Research, Canadian Center of Science and Education, vol. 10(3), pages 120-132, March.
    • Handle: RePEc:ibn:ibrjnl:v:10:y:2017:i:3:p:120-132
    as

    Download full text from publisher

    File URL: http://www.ccsenet.org/journal/index.php/ibr/article/view/65596/35872
    Download Restriction: no
    File URL: http://www.ccsenet.org/journal/index.php/ibr/article/view/65596
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Banjo Roxas & Alan Coetzer, 2012. "Institutional Environment, Managerial Attitudes and Environmental Sustainability Orientation of Small Firms," Journal of Business Ethics, Springer, vol. 111(4), pages 461-476, December.
    2. Albert N. Link & John T. Scott, 2013. "Employment growth from the Small Business Innovation Research program," Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 4, pages 65-88, Edward Elgar Publishing.
    3. Amartya Sen, 2013. "The Ends and Means of Sustainability," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 14(1), pages 6-20, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hammed Olabode Ojugbele & Robertson K. Tengeh & Oyebanjo Ogunlela, 2022. "COVID-19 bailout nationalism: a predicament in saving small immigrant-owned businesses in South Africa," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(6), pages 33-42, September.
    2. Qasim Alawaqleh & Mahmoud Al-Sohaimat, 2017. "The Relationship between Accounting Information Systems and Making Investment Decisions in the Industrial Companies Listed in the Saudi Stock Market," International Business Research, Canadian Center of Science and Education, vol. 10(6), pages 199-211, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Olawale Fatoki, 2019. "Sustainability orientation and sustainable entrepreneurial intentions of university students in South Africa," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 990-999, December.
    2. Hiroyasu Inoue & Eiichi Yamaguchi, 2017. "Evaluation of the Small Business Innovation Research Program in Japan," SAGE Open, , vol. 7(1), pages 21582440176, February.
    3. Mario Vaupel & David Bendig & Denise Fischer-Kreer & Malte Brettel, 2023. "The Role of Share Repurchases for Firms’ Social and Environmental Sustainability," Journal of Business Ethics, Springer, vol. 183(2), pages 401-428, March.
    4. Md. Ahashan Habib & Md. Rezaul Karim & Marzia Dulal & Mohammad Shayekh Munir, 2022. "Impact of Institutional Pressure on Cleaner Production and Sustainable Firm Performance," Sustainability, MDPI, vol. 14(24), pages 1-25, December.
    5. Emma Tredgett & Alex Coad, 2015. "The shaky start of the UK Small Business Research Initiative (SBRI) in Comparison to the US Small Business Innovation Research Programme (SBIR)," Management Working Papers 10, Birkbeck Department of Management, revised Jun 2015.
    6. Javier Martínez-del-Río & José Céspedes-Lorente, 2014. "Competitiveness and Legitimation: The Logic of Companies going Green in Geographical Clusters," Journal of Business Ethics, Springer, vol. 120(1), pages 131-146, March.
    7. Julie Dekker & Tim Hasso, 2016. "Environmental Performance Focus in Private Family Firms: The Role of Social Embeddedness," Journal of Business Ethics, Springer, vol. 136(2), pages 293-309, June.
    8. Yu Wang & Yetaotao Qiu & Yi Luo, 2022. "CEO foreign experience and corporate sustainable development: Evidence from China," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2036-2051, July.
    9. Lijun Zhou & Lucen Liu & Yan Wang & Yuxian Ou & Zijing Zhao, 2021. "Exploring the Relationship between Leisure and Sustainability in a Chinese Hollow Village," Sustainability, MDPI, vol. 13(18), pages 1-17, September.
    10. David B. Audretsch, 2018. "Industrial Organization and the Organization of Industries: Linking Industry Structure to Economic Performance," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 52(4), pages 603-620, June.
    11. Caroline S. Archambault, 2013. "“I’ll Be Home for Christmas”: The Role of International Maasai Migrants in Rural Sustainable Community Development," Sustainability, MDPI, vol. 5(9), pages 1-14, August.
    12. Svatava Janoušková & Tomáš Hák & Bedřich Moldan, 2018. "Global SDGs Assessments: Helping or Confusing Indicators?," Sustainability, MDPI, vol. 10(5), pages 1-14, May.
    13. S. Weaver & Pam Ellen & Lars Mathiassen, 2015. "Contextualist Inquiry into Organizational Citizenship: Promoting Recycling Across Heterogeneous Organizational Actors," Journal of Business Ethics, Springer, vol. 129(2), pages 413-428, June.
    14. Veldhuizen, Caroline, 2020. "Smart Specialisation as a transition management framework: Driving sustainability-focused regional innovation policy?," Research Policy, Elsevier, vol. 49(6).
    15. Preuss, Lutz & Vazquez-Brust, Diego & Yakovleva, Natalia & Foroughi, Hamid & Mutti, Diana, 2022. "When social movements close institutional voids: Triggers, processes, and consequences for multinational enterprises," Journal of World Business, Elsevier, vol. 57(1).
    16. Yoann Verger, 2018. "First steps for a Sraffian ecological economics. An answer to Martins' “The Classical Circular Economy, Sraffian Ecological Economics and the Capabilities Approach”," Working Papers hal-01700228, HAL.
    17. Radityo Putro Handrito & Hendrik Slabbinck & Johanna Vanderstraeten, 2023. "Stuck in short-term, daily operations, or not?: Unraveling SME’s long-term orientation," Small Business Economics, Springer, vol. 61(4), pages 1723-1745, December.
    18. Link, Albert & Scott, John, 2017. "Toward an Assessment of the U.S. Small Business Innovation Research (SBIR) Program at the National Institutes of Health," UNCG Economics Working Papers 17-6, University of North Carolina at Greensboro, Department of Economics.
    19. Damien J.A. BAZIN & Sylvie FERRARI & Richard B. HOWARTH, 2018. "Introducing Environmental Ethics into Economic Analysis: Some insights from Hans Jonas’ Responsibility Principle," Cahiers du GREThA (2007-2019) 2018-17, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    20. Li Chang & Wenjing Li & Xiaoyan Lu, 2015. "Government Engagement, Environmental Policy, and Environmental Performance: Evidence from the Most Polluting Chinese Listed Firms," Business Strategy and the Environment, Wiley Blackwell, vol. 24(1), pages 1-19, January.

    More about this item

    Keywords

    GDP; labor; small businesses; population; unemployment;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:ibrjnl:v:10:y:2017:i:3:p:120-132. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.