THE IMPACT OF ENTREPRENEURIAL PRACTICES AND INNOVATION ON THE GROWTH OF SAUDI ARABIA’S ARCHITECTURE INDUSTRY
DOI:
https://doi.org/10.70301/Keywords:
Saudi Vision 2030, Architectural Entrepreneurship, Innovation, Sustainability, Entrepreneurial FrameworkAbstract
This study explores the impact of entrepreneurial practices and innovation on the growth of Saudi Arabia’s architectural industry, emphasizing the critical role of entrepreneurship in fostering innovation, business development, and sustainability. The study was structured around four main objectives: examining the concept of architectural entrepreneurship, assessing the existing framework supporting entrepreneurship, evaluating its adoption and utilization by startups, and analyzing the critical factors necessary for the framework's successful implementation. A total of 298 respondents participated in the quantitative study, which employed statistical methods such as descriptive statistics, regression analysis, and hypothesis testing to analyze the collected data comprehensively. The findings reveal a growing recognition of the importance of entrepreneurship in addressing technological advancements, sustainability demands and shifting client expectations. However, significant barriers, including limited access to funding, regulatory complexities, and a lack of entrepreneurial skills, hinder the widespread adoption of entrepreneurial practices. © Copyright 2022 by SBS Swiss Business School– University of Applied Sciences Institute. All Rights Reserved.The study also highlights the need for an inclusive and robust framework that integrates financial support, regulatory reforms, and innovation incentives to empower startups in the architectural sector. Respondents emphasized the importance of collaboration, networking, and education in fostering a culture of entrepreneurship. In alignment with Saudi Vision 2030, the study identifies government support as a critical driver of architectural entrepreneurship. Recommendations include developing structured frameworks, enhancing financial support mechanisms, incorporating entrepreneurial training into educational curricula, and fostering innovation through technology adoption and sustainable design practices. While this study provides valuable insights, limitations such as reliance on self-reported data, a cross-sectional design, and a narrow focus on Saudi Arabia highlight the need for further research.
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• The full license terms can be found at https://creativecommons.org/licenses/by/4.0/.
• No additional restrictions are placed on the use of published articles.
3. Author Responsibilities and Warranties
The Author guarantees that:
• The submitted work is original and has not been published or submitted for publication elsewhere.
• The work does not infringe on any third-party rights, including copyright, trademark, or proprietary rights.
• All necessary permissions for copyrighted materials used in the manuscript (e.g., figures, tables) have been obtained.
• The manuscript complies with ethical research standards and does not contain any form of plagiarism or falsified data.
4. Editorial and Publication Process
• The Journal reserves the right to perform editorial revisions for clarity, formatting, and consistency while maintaining the integrity of the Author’s work.
• The publication of an article is subject to peer review, and acceptance is not guaranteed upon submission.
5. Retraction and Corrections
• The Journal follows COPE (Committee on Publication Ethics) guidelines and reserves the right to retract, correct, or withdraw an article in cases of misconduct, errors, or ethical concerns.
6. Governing Law
This Agreement is governed by the laws of Switzerland. Any disputes arising under this Agreement shall be resolved in the courts of Zurich, Switzerland.
7. Agreement Acceptance
By submitting a manuscript, the Author acknowledges and agrees to the terms outlined in this Agreement.
Editor-In-Chief
Prof. Dr. Milos Petkovic
