Abstract:
One of the key objectives of modern economics is to determine factors that influence the economic development.
This paper, therefore, seeks to discuss entrepreneurship as one of the factors that influence the economy of a
nation, either directly or indirectly. It is a fact that entrepreneurship plays a significant part in shaping the landscape
of a country’s economy. Economists and policy makers recognize this fact. In fact, entrepreneurship is the engine of
economic growth and it has come to be perceived as a catalytic agent for expansion and promotion of productive
activities in every sphere of economic life all over the world. This research will focus on finding out how
entrepreneurship influences the economy of Saudi Arabia. The paper will begin with a brief introduction of the topic
before proceeding to present a comprehensive review of literature relevant to the topic. It will then proceed to
present an overview of relevant variables used in determining the role played by entrepreneurship in the economy of
Saudi Arabia. There will then follow a discussion on the disadvantages of entrepreneurship to the economy. The
paper will end with a conclusion summarizing all the keys points discussed, research limitations, and
recommendations for further research.
