Cluster performance: an attempt to evaluate the Lithuanian case

Abstract

The objective of this study is to explore the level of reliance of business processes on technologies for growth and sustainability of Saudi entrepreneurship. The technological business environment has pressed the entrepreneurs to adopt the information systems to overcome operating deficiencies, including high costs, small production cycles, dormant business process and scare financial resources. The future growth and sustainability of the Saudi entrepreneurship are depending on the adoption and integration of information systems allowing to facilitate the trade processes across functional units, use of a standatized database and information sahring. Obtained data support the technological reform that claims that business technology will enable the decision-making process to be timely, consistent and reliable across organizational units and geographical locations. The data collected through online surveys with thirty-one Saudi entrepreneurs revealed the barriers faced by the entrepreneurship, and allowed to summarize provided recommendations. The analysis indicated that the growth and sustainability of the enterprise are subject to adoption of technology oriented business process lead by information systems in the organizations. The outcome of the study is further recommendation to educate and spread the awareness about the implementation of information systems to address the electronic business process. The study will help to organize, assess and improve business processes in order to meet the new requirements set by competition among entrepreneurial companies.