Handbook of Research on Asian Entrepreneurship
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Handbook of Research on Asian Entrepreneurship

  • Research Handbooks in Business and Management series

Edited by Léo-Paul Dana, Mary Han, Vanessa Ratten and Isabell M. Welpe

Asia is highly regarded as one of the fastest growing regions in the world, and this unique Handbook focuses on the internationalization process and entrepreneurial dynamics of small business within the continent. Using a clear and consistent style, the Handbook examines more than 40 countries in Asia and allows researchers to compare the environment for entrepreneurship, the internationalization of entrepreneurs and the state of small business in different Asian countries. The chapters are authored by well-known scholars who provide insight into how government policies have affected the internationalization of small firms in Asia.
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Chapter 29: Qatar

Yochanan Shachmurove

Extract

29 Qatar Yochanan Shachmurove Introduction The Qatari peninsula extends 100 miles from Saudi Arabia into the Persian Gulf and is slight smaller than the state of Connecticut. Because of its great vantage point en route to India, the British initially sought out Qatar for colonial interests. But the discovery of oil and other hydrocarbons in the early twentieth century later changed their interests. In 1935, a 75-year concession was granted to Qatar Petroleum Company, which was owned by Anglo-Dutch, French and US interests.1 High-quality oil was discovered in 1940 at Dukhan, but because of the start of World War II oil exports did not begin until 1949. During the 1950s and 1960s increasing oil reserves brought prosperity, rapid immigration, and substantial social progress.2 In 1971, the United Arab Emirates, Bahrain and Qatar planned on forming a union of Arab Emirates. However, by mid-1971 they still had not settled on the terms of the agreement and the end of the year termination date of the British treaty relationship was approaching.3 Thus, Qatar sought full independence as a separate entity and became autonomous on 3 September 1971. Qatar was quickly recognized as an independent state and gained admittance to the United Nations and the Arab League. Since 1995, Emir Hamad bin Khalifa Al-Thani has ruled Qatar after seizing control of the country when his father Khalifa bin Hamad Al Thani was out of the country.4 Emir Hamad has been very open to global markets and the country has experienced a notable amount...

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