Entrepreneurship in Saudi Arabia A Presentation at Alfaisal University by Dr. Eid Florence

The College of Business Executive Lecture Series provides Alfaisal University students and guests from the business community the opportunity to learn from some of the country’s leading executives as they talk about their careers and leadership experiences.  College of Business sponsors the monthly Executive Lecture Series as a way to bridge the gap between the world of leadership and business education.Dr. Florence Eid, Chief Economist of Arabia Monitor, spoke about “Entrepreneurship in Saudi Arabia: Why it matters and how it can benefit you” on the 20th of May 2013 were students, faculty and staff flocked to the talk eager to develop their leadership and entrepreneurial skills.

Dr. Eid covered how entrepreneurship can be used as a stimulus for the labor market. With the MENA entrepreneurship ecosystem successfully encouraging the development of new businesses, numerous businessmen and businesswomen are taking advantage of the opportunity. Dr. Eid concluded with a practical look at entrepreneurship. The total entrepreneurial activity is based on need, opportunity, and innovation. She also discussed the entrepreneurship motivations which might include fame & fortune, lifestyle or passion, and social good.  The session was a lively one with students showing much interest in this field, and brought some valuable discussion to the class room.

The visit to Alfaisal University also brought a new idea, to help launch an exciting new competition where students can create a business plan, pitch their ideas to leading professionals, win awards and even get their businesses funded as a startup.