A nation’s transition from one technological path to another is the underlying feature to understanding the transformation to an innovation-led system. The process of change and factors that favour the adoption of certain types of technologies over others enables to examine the role of different innovation mechanisms and actors that drive an economic and industrial transformation.… [Read more…]
A Changing Energy Landscape Saudi Arabia, as the world’s largest OPEC producer is most commonly associated with crude oil, not renewable energy. However, although the high export prices of oil have buoyed its economy and increased business confidence, the dilemma of economic diversification and sustainability is at the core of the Kingdom’s National Development Plans.… [Read more…]
The Future is Yours; The Future is Digital LONDON, By Tatjana de Kerros | iloubnan.info – June 21, 2011 http://www.iloubnan.info/en/actualite/id/63190/titre/The-Future-is-Yours;-The-Future-is-Digital “A New Tech Bubble…Perhaps, but not in Western Nations” Social media has transformed the manner in which we connect, network, access information and do business. It has shown it has as much the power to… [Read more…]
© InfoDev | World Bank From May 30th to June 3rd, infoDev has been hosting the 4th Global Forum on Innovation and Technology Entrepreneurship in Helsinki. This event has been carried out as part of a joint program with the Government of Finland and Nokia on “Creating Sustainable Businesses for the Knowledge Economy”. Benefitting from a… [Read more…]
A First Step Towards Liberalization A giant leap forward in the liberalization process was achieved when Nestle announced last month that it would set up a direct sales and distribution network in Saudi Arabia. A move to further open the economy and gradually diminish an agency culture in the Kingdom has been expected since its… [Read more…]
Entrepreneurship and innovation has undoubtedly become a priority throughout the Arab world, with entrepreneurs taking center stage as the new catalysts for a new economic and social era. However, the spotlight has yet to focus on repeat offenders; or as they may be more familiarly known, serial entrepreneurs. How can serial entrepreneurs facilitate the development of… [Read more…]
There exists a rare breed of new ventures that only flourish and grow in waves, emerging at times of structural shifts within the industrial landscape, and setting new precedents in their ability to grow, open, converge and sustain new markets. They transform the business environment as we know it, and provide the impetus for the adoption… [Read more…]
“Innovation is the specific function of entrepreneurship, whether in an existing business, a public service institution, or a new venture started by a lone individual in the family kitchen. It is the means by which the entrepreneur creates new wealth-producing resources, or endows existing resources with enhanced potential for creating wealth” (Drucker, 1998, p. 3)… [Read more…]
Steven Klepper, the recipient of the 2011 Global Award for Entrepreneurship Research, has spent all of his professional career looking at how innovation and the fate of large firms are so closely intertwined. His conclusions on how large firms, start-ups and clusters interact should be required reading for innovation managers and strategists everywhere. Published: March… [Read more…]
With the knowledge economy at the forefront of national competitiveness policy in Gulf States, the role of scientific research is gaining momentum. Universities such as KAUST in the Kingdom of Saudi Arabia, Masdar University in Qatar, and Al Zayed University in the United Arab Emirates are fast contributing to a resurgence of a new ‘Bayt-Al Hikma’. Central to regional… [Read more…]
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