Entrepreneurship in Qatar

Sadok Sahli

Chapter 5 in Entrepreneurship in the Gulf Cooperation Council Region:Evolution and Future Perspectives, 2021, pp 79-109 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This chapter aims to illustrate the different environmental factors and their impact on entrepreneurship in Qatar. Despite its economic prosperity and governmental efforts to foster entrepreneurship Qatar still has not achieved its full potential in this regard. The analysis of the situation of entrepreneurship in Qatar shows no insurmountable difficulties at the macro-level. The problems are rather due to culture generated personality traits that are common among Qatari people. In fact, the fear of failure and the aversion towards risk and stress are negatively impacting entrepreneurial intentions among the population. The example of Qatar shows that a favourable economic situation does not necessarily promote entrepreneurship. The Qatari government is making huge efforts to optimise the legal and economic situation in order to reduce business risk and facilitate start-ups. However, it still has to invest more in human development in order to make Qatari people aware of the opportunities that their country is offering for innovative business ideas.

Keywords: Entrepreneurship; Gulf; Middle East; Economics; Gulf Cooperation Council (search for similar items in EconPapers)
JEL-codes: F10 F6 L26 M16 P48 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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