Abstract
The Gulf Cooperation Council (GCC) nations which includes six states; i.e., United Arab Emirates, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait, are embarking on a transformative vision to align their economies with knowledge economy and sustainable development goals (SDGs) for 2030. This transition implies a change in the strategy, business culture, business models, mindset, and innovation policies. The center of gravity for science, technology and innovation (STI) is moving to GCC due to investment in R&D, infrastructure, open innovation networks, and human capital. The aim of this paper is to explore the determinants and enablers for a resilient ecosystem for innovation in GCC to cope with global changes. Besides, the paper will devise a set of policy implications and strategies to foster innovation in GCC and to be in line with the fourth Industrial Revolution and smart society model. The methodology for this paper will be based on document analysis. A framework for assessing innovation ecosystem will be outlined based on literature, which includes actors, technology regimes, and knowledge diffusion, and innovations systems, legal and institutional frameworks. The role of innovation policy in shaping the ecosystem of innovation will be discussed. The paper recommendations to enhance the innovative capabilities of GCC countries to be ranked among the innovative countries corresponding to GDP indicators.
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Al-Khalifa, M., Al-Jayyousi, O., Mamlook, R., Aldhmour, F. (2021). Assessing the Ecosystem of Innovation in GCC: Policy Implications and Strategic Directions. In: Visvizi, A., Lytras, M.D., Aljohani, N.R. (eds) Research and Innovation Forum 2020. RIIFORUM 2020. Springer Proceedings in Complexity. Springer, Cham. https://doi.org/10.1007/978-3-030-62066-0_29
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