Innovation and Entrepreneurship for the Diversification and Growth of the Gulf Cooperation Council Economies

Miniaoui, Héla; Schilirò, Daniele

doi:10.11114/bms.v3i3.2594

Cited by 31 publications

(32 citation statements)

References 15 publications

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“…Disruptive (revolutionary) innovation completely upends and replaces the existing market, service, product, or the whole industry itself by bringing a completely new set of ideas and applications into commercialization [63]. Digital cameras, touch screen telephones, electric cars, internet, ride-hailing (Uber), and shale oil can be given as examples of results of disruptive innovation as those products or services or technologies dominated or upended the existing markets (firms, products) totally [28].…”

Section: Determinants and Characteristics Of Innovationmentioning

confidence: 99%

The Incentives and Efforts for Innovation and Entrepreneurship in a Resource-Based Economy: A Survey on Perspective of Qatari Residents

Tok

2020

Sustainability

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This paper studies the local perspective on innovation and entrepreneurship in the resource-based state of Qatar. The effective utilization of abundant natural resources (oil and gas) have propelled the country’s rapid economic development over the last four decades. However, accelerating decarbonization efforts of the global energy system due to climate change put the future value of these hydrocarbon resources into doubt and hence the country’s revenue streams from international trade. Rapidly growing the local population adds further pressure to the social welfare system amid dwindling oil and gas revenues for the state. The argument for economic diversification and theoretical foundations of innovation and entrepreneurship in a resource-rich state are discussed. A survey to measure the attitude of the residents in Qatar towards innovation and state-led initiatives is prepared and conducted with people living in the country. The analysis of the survey shows that Qatari residents are relatively risk-averse and state-dependent in their pursuit of new entrepreneurial opportunities. We identify three possible reasons for such an outcome; they are, (1) the country’s unique economic structure (natural resource-based), (2) demographic structure (expatriates vs. citizens), and (3) lack of previous experience in innovation and entrepreneurship (path dependency) in a relatively young country. The country’s spectacular success in the last three decades has become its Achilles-heel in decoupling the current economy away from hydrocarbon dependence.

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Section: Determinants and Characteristics Of Innovationmentioning

confidence: 99%

The Incentives and Efforts for Innovation and Entrepreneurship in a Resource-Based Economy: A Survey on Perspective of Qatari Residents

Tok

2020

Sustainability

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“…This trend shows a growing interest in digital entrepreneurship, not only in practice and policy but also in research, which affirms Kelestyn and Henfridsson's [27] claim. Considering the proliferation of digital technology and information technology (IT) based business, the increase in digital entrepreneurship research is expected to continue for several years [19,27,30].…”

Section: Year Of Publicationmentioning

confidence: 99%

Digital Entrepreneurship in Business Enterprises: A Systematic Review

Anim-Yeboah

Boateng

Kolog

et al. 2020

Lecture Notes in Computer Science

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This study systematically reviews extant contemporary literature on digital entrepreneurship in peer-reviewed journal articles over six years (2013)(2014)(2015)(2016)(2017)(2018) from six journal databases. It involved a systematic literature review of 101 papers from 53 journals focusing on the publication outlets, yearly trends, themes, and associated theoretical and conceptual approaches, methodologies, sources and geographical distribution of digital entrepreneurship research. The findings suggest that extant literature mostly lacked sound theoretical underpinnings. More work adopting appropriate and proven theoretical approaches is needed. Most of the reviewed papers also focused mainly on issues relating to the technology itself than those relating to the enterprise or the entrepreneur. The capabilities and capacities of enterprises, as well as the strategies in implementing digital technologies and harnessing the opportunities of digitalization, are key issues that have not hitherto received much attention. The study contributes to the understanding of the conceptualization of the digital entrepreneurship phenomenon. Future research should consolidate the understanding of the field, with models and frameworks that recognize digital entrepreneurship as an academic research field in its own right, and also consider the impact of enterprise capabilities and capacities on digital entrepreneurship.

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“…In turn, clusters have grown around specific geographical points (cities and districts) and core keystone firms, which are more often than not SOEs, in telecommunications; satellite technology; aerospace; healthcare and hospitality sectors, which attract funding, nurture innovation linkages, cross border alliances, co-located intellectual and social capital exchanges, generating and diffusing knowledge. (Miniaoui and Schilirò, 2017). According to Gulfbusiness.com (March 2019), examples include the KSAs public / private partnerships and incubation programmes such as the Badir Programme for Technology Incubators and Accelerators, helping to create an innovation hub, projected to be on target for creating 600 tech.…”

Section: Ecosystems Clusters and Keystone Firmsmentioning

confidence: 99%

An Extension to Late Rentierism, using a Comparative Compound Diversification Index, to Show the Movement Towards Mixed Mode Economic Diversification and Development, in the GCC States

Lang¹,

Aldori²

2020

BMS

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This study draws together several strands of research, including late rentierism, economic diversification in the GCC states of the UAE, Qatar, Kuwait, Oman, Kingdom of Saudi Arabia, and Bahrain, in an attempt to measure the direction of the trend towards a mixed mode economy. A comparative compound diversification index (CCDI) is developed to measure the movement along the late rentier continuum of development. The research is based on data from various Global Innovation Index (GII) reports and databases, which provide the attributes used to measure the overall trends. It creates a foundation for the ongoing measurement of this trend over the coming decade, and provides a correlation with the oil price fluctuations, thereby measuring how much the GCC states dependence may be changing, however incrementally, and however marginally that may be. The study does confirm a move towards a mixed mode economy, with knowledge-based, technology and innovation led activities at the heart of that incremental and marginal change.

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Innovation and Entrepreneurship for the Diversification and Growth of the Gulf Cooperation Council Economies

Cited by 31 publications

References 15 publications

The Incentives and Efforts for Innovation and Entrepreneurship in a Resource-Based Economy: A Survey on Perspective of Qatari Residents

The Incentives and Efforts for Innovation and Entrepreneurship in a Resource-Based Economy: A Survey on Perspective of Qatari Residents

Digital Entrepreneurship in Business Enterprises: A Systematic Review

An Extension to Late Rentierism, using a Comparative Compound Diversification Index, to Show the Movement Towards Mixed Mode Economic Diversification and Development, in the GCC States

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