Research proposal Example | Topics and Well Written Essays - 1750 words

Research Proposal eventGulf areas in general, and Saudi-Arabian Arabia in particular, are oil rich regions with the economy being driven by the large oil producing organizations. The required financial brook for the SMEs, in order to strengthen their electrical capacity to further contribute towards the progress of Saudi Arabias economy, is however somewhat lacking. This is despite the fact that SMEs have evidently exhibited great organic evolutional potential. The current search aims to determine the role that SMEs play in the development of Saudi Arabia as well as to identify any regimenal and other business organizations support provided towards sustaining continued operations and growth of SMEs in the region. This paper be presented with a brief oerview of studies and researches previously conducted on the theatre of operations through a literature review of SMEs, in general the financial support of the government for SMEs in Saudi Arabia and the role that SMEs play towa rds the development of the country. The next section would focus on the research questions and methodology, which would identify the required method which would achieve responding to the main concerns identified inside the discourse. Likewise, any limitation to the resume would be presented prior to delving into the ethical considerations, as required. Finally, the time scales which detail the tasks and time frames for the specific research portions would be detailed in the last section. 2.0 Literature Review There have been several studies conducted on the subject that aimed to determine the role of SMEs, in general and SMEs within the Saudi Arabia region. Their definitions would be explored, including financial support and development role in the economy of Saudi Arabia. 2.1 Small and Medium Enterprises Though SMEs exist all over the world and in large results, there is still no concrete definition for SMEs due to conglomerate practical reasons. Fu (2011) suggested that definin g SMEs differs from country to country and are based upon different variables such as number of employees, revenue, nature of trade etc. (Fu, 2011). Normally, the number of employees for SMEs are defined at less than or pair to fifty for relatively exquisite organizations whereas for medium organizations, the upper limit of number of employees is normally between century to 250 (Capitas, 2013). Thus, SMEs were clearly classified according to the number of employees, as well as the amount of sales revenues generated within a stipulated time frame. Within Saudi Arabia, various organizations define SMEs according to different criteria and are followed by different organizations. There are two important criteria used in defining SMEs within Saudi Arabia. One criteria followed by the SME organic evolution Center is to have less than or equal to 20 employees for small organizations and 21-100 employees for medium organizations. However, Shalaby (2004) concentrated on suggesting that di fferent criterion is being followed by Saudi Industrial Development Fun, and it defines SMEs based upon the revenue criteria