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June 28, 2017
Can startups be a solution for job creation?
The GCC region too has caught-up with this global phenomenon and has some successful start-up stories to boast about. Start-ups are being projected as forerunners of economic growth through job creation and also pursued as the solution for job creation. However, to what extent this presumption about start-ups holds well is debatable. Do start-ups create jobs? Table: Increase / Decrease in Employment Sectors 2012 2013 2014 2015 2016 Construction (27,780) (24,608) 99,087 69,313 56,937 Trade and Repair Services 56,312 41,756...