Abstract
The objective of this study is to explore the level of reliance of business processes on technologies for growth and sustainability of Saudi entrepreneurship. The technological business environment has pressed the entrepreneurs to adopt the information systems to overcome operating deficiencies, including high costs, small production cycles, dormant business process and scare financial resources. The future growth and sustainability of the Saudi entrepreneurship are depending on the adoption and integration of information systems allowing to facilitate the trade processes across functional units, use of a standatized database and information sahring. Obtained data support the technological reform that claims that business technology will enable the decision-making process to be timely, consistent and reliable across organizational units and geographical locations. The data collected through online surveys with thirty-one Saudi entrepreneurs revealed the barriers faced by the entrepreneurship, and allowed to summarize provided recommendations. The analysis indicated that the growth and sustainability of the enterprise are subject to adoption of technology oriented business process lead by information systems in the organizations. The outcome of the study is further recommendation to educate and spread the awareness about the implementation of information systems to address the electronic business process. The study will help to organize, assess and improve business processes in order to meet the new requirements set by competition among entrepreneurial companies.
Highlights
The word entrepreneur comes from the French word “entreprendre” which means to “undertake”
The entrepreneurs believe that information systems could streamline the business process to boost the effectiveness and productivity of the services
It is determined from the responses that the entrepreneurship can sustain the growth of the business with the increasing benefits of the Internet and the emergence of the advanced information systems, such as the Web3.0, mobile commerce, business intelligence, cloud computing and others
Summary
The word entrepreneur comes from the French word “entreprendre” which means to “undertake”. The work of Hernandez (2016) addressed the process of initiating and continuing the expansion of new businesses; entrepreneurship is credited the creation of new businesses. Information Systems are transforming every aspect of Entrepreneurship from employee recruitment to the production process, from the start-up of the business till becoming the giant, and how to interconnect with all the stakeholders. Many start-up companies are remodelling their business models and adopting information systems with the electronic commerce approach in mind. It has become more important than ever for entrepreneurs understand not just how the technology works, and how current and future advances affect the sustainability and growth of their business. Many entry level managers give high priority to manage finances, equipment, materials, and human capital but do not consider information systems as a must have resource
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