Pre-start-up planning and enhancement of small and medium enterprises’ operational performance in the UAE
List of Authors
  • Hamda Al Hammadi , Mohamed Saif Al Shehhi , Norhayati Zakuan

Keyword
  • Pre-start-up Planning, Operational Performance of SME’s, UAE

Abstract
  • This rational research study assessed the association between Pre-start-up planning and Enhancement of Small and Medium Enterprises’ Operational Performance in the United Arab Emirates (UAE). The inquiry study engaged a descriptive and correlational research strategy with quantitative prototype. A sample of 104 participants were carefully chosen using a table prepared by Morgan & Kreijcie (1970). Simple random sampling and stratified random sampling strategies were used to garner data for the research study. Details were assembled using questionnaires and evaluated utilizing frequencies, percentages, means, standard deviation and Pearson linear correlation coefficient (PLCC) were used for categorizing quantitative statistics. The study discoveries established a significant connection between Pre-start-up planning and Enhancement of Small and Medium Enterprises’ Operational Performance in the United Arab Emirates (UAE). The study concluded that Pre-start-up planning helps business people to strategically coordinate activities for businesses and avoid any regrets in terms of efficiency and effectiveness in SME’s. From the study consequences, the researchers recommended that the government of UAE should encourage its people to form groups so that government can provide financial assistance to such groups in order to foster their business performance. The government of UAE should also increase on the budget allocation to SME’s through the ministry of Economy so that SME’s can improve on their business, a scenario which may boost the economy of the country.

Reference
  • 1. Al Dulaimi, A. J. M. (2022). Financial inclusion and sustainable economic development in Iraq 2003-2019. İstanbul Gelişim Üniversitesi Lisansüstü Eğitim Enstitüsü,

    2. Amin, E. (2005). Social Research . Makerere University, Kampala.

    3. Bachtiar, N. K. (2020). When can SMEs diversify? A study of growth stage model analysis. Journal of Economics, Business, and Management, 8(1), 30-37.

    4. Disi, E. O. (2021). An Empirical Investigation of the Impact of Government Support Programs on Small and Medium Enterprises Performance in Dubai: The Role of Tendering Capabilities and Tendering Activity.

    5. Durst, S., (2021). Peruvian small and medium-sized enterprises and COVID-19: Time for a new start! Journal of entrepreneurship in emerging economies, 13(4), 648-672.

    6. Fauzi, S. N. M., (2022). Risk Management of Start-up Business for SMEs: A Review Paper. The Journal of Management Theory and Practice (JMTP), 3(1), 67-72.

    7. Fukugawa, N. (2018). Division of labour amongst innovation intermediaries in agricultural innovation systems: The case of Indonesia.

    8. Global Entrepreneurship Index (2022). World Bank.

    9. Medhioub, I. (2016). Foreign direct investment and oil/non-oil economic growth in GCC countries. Middle East Journal of Management, 3(4), 294-308.

    10. Morgan, D. & Kreijcie ,F. (1970). Determination of Sample size. Irwin Publishing House.

    11. Mwatsika, C., Kambewa, P., & Chiwaula, L. (2018). Untangling the concept of entrepreneurship towards a common perspective. African Journal of Business Management, 12(14), 451-470.

    12. Okasha, A. A. (2020). Entrepreneurship in the United Arab Emirates. In Entrepreneurial innovation and economic development in Dubai and comparisons to its sister cities (pp. 158-182): IGI Global.

    13. Olwan, R. (2021). Intellectual property management for small and medium-sized enterprises in the United Arab Emirates. Journal of Intellectual Property Law & Practice, 16(3), 278-288.

    14. Păunescu, C., & Badea, M. R. (2014). Examining the social capital content and structure in the pre-start-up planning. Procedia Economics and Finance, 15, 560-568.

    15. Qian, X. (2016). The New Silk Road in West Asia under “the Belt and Road” Initiative. Journal of Middle Eastern and Islamic Studies (in Asia), 10(1), 26-55.

    16. Sharma, N. (2018). Management of Innovation in Micro, Small and Medium Enterprises in the Middle East and North Africa (MENA): Springer.

    17. Wysokińska, Z. (2017). Effects of Poland's pro-export policy implementation in the context of the plan for responsible development: A preliminary comparative assessment. Comparative Economic Research. Central and Eastern Europe, 20(4), 101-123.

    18. Yang, N. (2023). When old institutions pay off: a new entrepreneurial state in South Korea and its limit in incorporating small firms into semiconductor production. Japanese Journal of Political Science, 1-18.

    19. Yasin, N., & Gilani, S. A. M. (2022). ‘Imitate or Incubate?’Evaluating the Current State of University-Based Business Incubators in the United Arab Emirates. FIIB Business Review, 23197145221112744.

    20. Zarrouk, H. (2020). Entrepreneurial orientation, access to financial resources and SMEs' business performance: The case of the United Arab Emirates. The Journal of Asian Finance, Economics and Business, 7(12), 465-474.