The need to diversify income, driven by global economic trends, is forcing Saudi Arabia to pursue policies to attract foreign investment and encourage entrepreneurship. Small and medium-sized businesses can improve the country’s economic situation during the transition from oil dependence to alternative energy sources. However, the low level of economic education complicates the financial development of the region. Disadvantages of existing government training programs make them ineffective in stimulating SMEs. The results of works by Abou-Moghli and Al-Abdallah (2019), and by Bhardwaj (2014) formed the basis of the conceptual framework of this study. This research aims to identify and assess the role of the choice of economic training programs for successful entrepreneurship.
The descriptive-analytical method and (SPSS) are used for research and data analysis. The research process involves reviewing the literature to form a conceptual framework for the study, based on which a questionnaire for data collection is compiled using a descriptive-analytical method. English teachers of Khartoum State high schools participate in the survey, which data then is analyzed using (SPSS). The study shows that awareness of the problems in Saudi Arabia limits the desire of young people to engage in entrepreneurship. The main directions of existing training programs and their disadvantages are also analyzed. In addition, a statistical relationship is revealed between the number of educational programs, GDP growth, and the number of small and medium-sized businesses. Based on the study results, recommendations are proposed for improving the quality of economic, educational programs for entrepreneurs in Saudi Arabia.
References
Abou-Moghli, A. A., & Al-Abdallah, G. M. (2019). A systematic review of women entrepreneurs opportunities and challenges in Saudi Arabia. Journal of Entrepreneurship Education, 22(6), 1-14.
Bhardwaj, B. (2014). Impact of education and training on performance of women entrepreneurs: A study in emerging market context. Journal of Entrepreneurship in Emerging Economies, 6(1), 38-52.