Author(s): Nadia A. Abdelmegeed Abdelwahed, Mohammed A. Al Doghan
Currently, severe poverty is a problem worldwide and this is especially so in developing countries. In this regard, this study aimed to identify the entrepreneurs’ perceptions of eliminating poverty through entrepreneurship activities. In this study, the researcher employed a cross-sectional approach to obtaining data through a survey questionnaire. The researcher selected relevant entrepreneurs as study participants. They applied SPSS to analyze the data. By employing the contingency table, Person’s correlation and multiple regression, the study's findings highlight that entrepreneurship has a positive and significant effect of on reducing poverty. In addition, the findings demonstrate further that entrepreneurship activities are the key to generating income. Such activities create job opportunities which provide support and, thereby, help to reduce the numbers of people caught in the poverty trap. The study's findings highlight the need for policymakers to deliver the government guidelines to increase entrepreneurship and, consequently, reduce unemployment and the level of poverty. Further, this study’s findings show that the promotion of entrepreneurship opens new pathways for businesses which, in turn, can reduce meaningfully the intolerable situations of poverty. Lastly, in the Saudi Arabian context, this study's findings enrich the depth of the empirical literature on this topic.