Making Innovation Development Policies Work for MENA

Işık, Mehtap

doi:10.4018/978-1-5225-2066-5.ch005

Cited by 1 publication

(1 citation statement)

References 38 publications

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“…creativity, and innovation incentives of entrepreneurs, the supports may provide profit opportunities. In that sense, the role of governments is both destructive and constructive, at the same time [11].…”

Section: Theories In Action In Gccmentioning

confidence: 99%

Getting Ready for the Post-Oil Age: The Entrepreneurship as the Rising Star of Development Policies in the Gulf States

Işık¹

2018

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Gulf Cooperation Council countries have been offering opportunities to attract global investors for a while. Yet, the strong tension between the existing government structures and the democratic elements that are needed for investments to flourish creates a complicated economic environment. Besides, the external dynamics sourced from international relations in the region add a new dimension to the problem. For many economies of the same characteristics, governmental supports for entrepreneurial activities rise as a natural solution for many problems. Is it the case for the Gulf States, too? This study, first, draws a framework in order to explore the extent of the new entrepreneur-led growth policies in the region and relates the possible policies to the existing economic problems. Then, three markets, the Kuwaiti labor market which is a good representative of other Gulf States' labor markets, renewable energy markets and biotechnology markets which have increasing roles in new industrial policies, are studied to examine the challenges and the opportunities created by these government policies. The study reveals numerous opportunities offered to entrepreneurs and investors, however further requirements to improve the conditions necessary for entrepreneur-led growth are advised as policy purposes.

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Section: Theories In Action In Gccmentioning

confidence: 99%

Making Innovation Development Policies Work for MENA

Cited by 1 publication

References 38 publications

Getting Ready for the Post-Oil Age: The Entrepreneurship as the Rising Star of Development Policies in the Gulf States

Getting Ready for the Post-Oil Age: The Entrepreneurship as the Rising Star of Development Policies in the Gulf States

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