The Next Web blog, an international source of news and views about the web, posted a recent interview with Syrian entrprenuer Abdulsalam Haykal. With sanctions on Syria getting a recent renewal by Obama’s administration, Haykal views sanctions “both as a blessing and a curse.”
He continues, “In entrepreneurship, the barrier to entry is a crucial factor. Sanctions make the barrier low because competition is less fierce. However, it gives you a cushion that might slow down innovation if all that a country or society seeks is self-sufficiency.”
“Sanctions can limit your access to resources, and your belonging to an international community of peers, and this limits the resourcefulness of a company.”
Haykal is CEO of Transtek, founder and CEO of Haykal Media (Forward Magazine’s mother company), and president and co-founder of SYEA (The Syrian Young Entrepreneurs Association).
Filed under: Current Affairs, Media in Syria, Reform in Syria | Tagged: Abdulsalam Haykal, Forward Magazine in Syria, Haykal Media, Sanctions on Syria, SYEA, Syrian entrepreneurship, The Next Web blog, Transtek | Leave a comment »