Challenges Associated with Entrepreneurship in UAE

Running head: CHALLENGES ASSOCIATED WITH ENTREPRENEURSHIP
Challenges Associated with Entrepreneurship
Name of the Student
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Author Notes

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CHALLENGES ASSOCIATED WITH ENTREPRENEURSHIP
Table of Contents
Challenges associated with Entrepreneurship in UAE, Mohammed Bin Rashid Al Maktoum
Global initiative...............................................................................................................................3
1. Introduction..............................................................................................................................3
2. Background...........................................................................................................................3
3. Rationale...............................................................................................................................4
4. Aim of the Study...................................................................................................................4
5. Objectives of the research.....................................................................................................5
6. Research Questions...............................................................................................................5
7. Literature Review.................................................................................................................5
7.3 Gap in literacy and the economic capability of individuals..............................................5
7.2 Challenges associated with the development of new businesses.......................................6
7.3 Entrepreneurship................................................................................................................7
8. Methodology.................................................................................................................9
8.1 Research Philosophy..........................................................................................................9
8.2 Research Design................................................................................................................9
8.3 Data collection method....................................................................................................10
8.4 Sampling methods and sample size.................................................................................10
8.5 Data Analysis Technique.................................................................................................10
8.6 Ethical considerations......................................................................................................11

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CHALLENGES ASSOCIATED WITH ENTREPRENEURSHIP
8.7 Limitations of the study...................................................................................................11
8.8Proposed Timeline of the study........................................................................................11
References......................................................................................................................................13

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CHALLENGES ASSOCIATED WITH ENTREPRENEURSHIP
Challenges associated with Entrepreneurship in UAE, Mohammed Bin Rashid Al
Maktoum Global initiative
1. Introduction
Entrepreneurship is an aspect that gives rise to new businesses globally. It can be said that the
propensity of individuals to cater to idea generation of business development. The latter helps in
bolstering the capability of the economy of the country where there is rise of business activities.
The aim of the paper is to propose and present some of the main challenges that are faced by
young Entrepreneurs and family businesses while they operate and establish business operations
while operating in Abu Dhabi where there is an evident education and wealth gap which leads to
unequal development of Entrepreneurship (Burns, 2016). The paper will help in evaluation of the
challenges and opportunities that have been will be faced while the initiative is being carried out.
The viability of the same will be established with the objectives and the scope of the issue will be
enumerated with the help of a literature review after which the proposed timeline will be
provided.
2. Background
It can be said that the Arab communities have been well struck by development of issues such as
poverty, unequal spread of education that leads to illiteracy in one section of the economy, wide
spread diseases and violence. The occurrence of the latter helps in gaining increased gap between
successful and not so successful business initiatives. Mohammed Bin Rashid Al Maktoum
Global initiatives aim to develop an understanding regarding the development of ideas
generation and support that helps in the supporting young entrepreneurs (Mazumder,, 2016). The
latter is an initiative that also helps in bolstering the efficacy of the economy of the nation. The