Reality of Entrepreneurship at Small-Scale and Medium-scale Enterprises and Its Enhancement Tools in Palestine

Abstract

Over the recent years, the concept of business entrepreneurship has

attracted considerable attention from researchers and policy makers

worldwide. This attention was driven by the fact of the increasing role

of entrepreneurship in the development local economies, especially in

encountering unemployment and alleviating poverty.

Thus, the purpose of this study is to assess the status of entrepreneurship

in the sector of small and medium enterprises in the Palestinian economy,

and to identify the main obstacles it is encountering. It also proposes

concrete recommendations that would help over these obstacles and advance

entrepreneurial activities in Palestine.

The methodology employed in this study centered on gathering and

analyzing statistics published mainly by the Palestinian Monetary Authority

and the Palestinian Central Bureau of Statistics as well as by other research

organizations. The study also reviewed and synthesized all prior studies on

small and medium enterprises in Palestine which comprise around 95% of all

business enterprises.

The study reported a number of key findings, and concluded with

a set of recommendations that would enhance the prospects of business

entrepreneurship in small and medium enterprises in Palestine.