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Entrepreneurial activity and attitude in the United Arab Emirates

Abstract The paper provides an overview of entrepreneurial activity and attitude in the United Arab Emirates (UAE) with the purpose of facilitating stakeholders to create new knowledge-based activities. The paper takes a multifaceted nature of entrepreneurship to reveal the range of environmental conditions that affect the attitudes and activity of Emirati entrepreneurs. These appear to be important components in producing a dynamic economy which facilitates socially significant activity, employment and wealth. To realize this development, the paper makes a number of recommendations from building entrepreneurial readiness in schools to endorsing regulatory reform, bankruptcy laws and investor protection. Moreover, a ‘one size fit all’ approach that has been taken in the past requires re-examination to meet the requirements of regional variations and gender differences within the Emirati population.