3 / 2018-06-11 15:35:27

Start-up Techno Entrepreneurship Adaption: An Intention Based Assessment Study of Start-ups in Kingdom of Saudi Arabia

Start-up Techno-entrepreneurship,Techno entrepreneurship Adoption,Start-up Techno-entrepreneurship Framework,Vision 2030

Establishment of Start-up firms across the economies is proving to be a panacea for the critical economic problems of unemployment and under utilization of resources. Start-up firms have assumed a great importance and role in the economic development of nations across the globe more specifically for Saudi Arabia in the backdrop of Vision 2030. As such, in today’s economic development paradigms, Saudi Arabia as a country cannot afford to ignore the importance of start-ups for their overall sustainable economic growth and development. This paper attempts to study intention level of technology adoption by the start-ups in the Kingdom of Saudi Arabia that can result in the development of a start-up techno-entrepreneurship adaption framework. For the study , stratified random sampling survey method was used and the data collected was put to different statistical tests and techniques like Descriptive, Correlation, ordered logistic regression etc. The results presented in the paper show that startups in KSA show a high-level of intention towards technology adaption in their enterprises, as they believe that it enhances the basic startup entrepreneurial process capabilities and efficiencies like business-ideation, concept & prototype development, feasibility analysis etc. However, there are certain constraints that come in the way of techno-entrepreneurship for the startups in KSA. Among these constraints Financial Support and Techno skill/expertise act as the major constraints. The resultant empirical information will be of high use to develop a Startup Techno entrepreneurship adoption modular framework that could facilitate easier adoption and use of technology by the startups in Kingdom of Saudi Arabia.