Ladies and gentlemen, thank you all for coming this afternoon. It is a great honorto give a speech here in Saudi Arabia, a land of long history, ancient religion, richculture, and vigorous modern economic growth.For the past four days, there have been illuminating comments and suggestions ontopics such as “Who qualifies as an entrepreneur?” “How should we encourageentrepreneurial activities” and “How does the entrepreneurship contribute toeconomic growth and overcoming challenges we face today?” I have been asked toshare South Korea’s experiences with the entrepreneurship imperative in the capacityof a former prime minister of the nation and a scholar in economics.Saudi Arabia has been pursuing profound changes in order to strengthen itseconomic growth. Economic reforms are aimed at reducing the nation’s reliance onoil revenue. For a nation with Saudi Arabia’s population size, development strategiesmust be qualitatively different from those for nations with much smaller populations.