Entrepreneuship, smes and local development in Abu Dhabi: Boosting the entrepreneurial ecosystem

Oecd

No 2016/7, OECD Local Economic and Employment Development (LEED) Papers from OECD Publishing

Abstract: As the wealthiest emirate in the United Arab Emirates (UAE), Abu Dhabi plays a pivotal role in driving the country's economic prosperity. Despite its oil-dependent economy, efforts to diversify through entrepreneurship and SMEs are underway. However, while entrepreneurial attitudes are strong, actual business ownership remains low. This paper, commissioned for the UAE's G20 Presidency Culture Working Group, analyzes the landscape of entrepreneurship in Abu Dhabi. It identifies barriers such as limited STEM graduates, access to credit, and underdeveloped innovation ecosystems. Offering recommendations, including targeted support for women and youth, it outlines pathways to unlock Abu Dhabi's entrepreneurial potential and drive sustainable economic growth.

Date: 2016-10-02
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1787/39c8d837-en (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oec:cfeaaa:2016/7-en

Access Statistics for this paper

More papers in OECD Local Economic and Employment Development (LEED) Papers from OECD Publishing Contact information at EDIRC.
Bibliographic data for series maintained by ().