Gulf Innovation Systems: Formation Features and Development Prospects

Yuliana Vladimirovna Solovieva, Anna Vadimovna Korenevskaya and Natalia Evgenievna Lebedeva

European Research Studies Journal, 2020, vol. XXIII, issue 1, 419-428

Abstract: Purpose: The conditions for interaction of innovative process participants, the features of creation and development of technology transfer systems in the Gulf States are considered. The authors have shown the need for a research on innovative processes of the countries whose state policy directions are the positive social and economic dynamics, the increase in national competitiveness, and the diversification of national economy. Design/Methodology/Approach: Investigating the problems of technological transfer in these countries and the systematic approach we have found reflection in application of all elements of innovative processes (the states, spheres of science, the industry, etc.), which allows for revealing prerequisites of technological development of the GCC economy. Findings: There is a need for activization of innovative processes in all spheres of national economy in the GCC and search for mechanisms of ensuring innovative development of the national firms. Practical Implications: On the basis of the analysis of national innovative systems functioning in the GCC countries, the authors have identified the most perspective directions of integration development in the scientific-educational and production spheres. Originality/Value: Positive socio-economic dynamics, improvement of national competitiveness, diversification of the national economy are priority areas of the GCC countries’ state policy, which determines the need to find and form effective mechanisms ensuring innovative development of national economies, as well as transfer of knowledge and technologies.

Keywords: Innovative system; transfer of technologies; Gulf Cooperation Council. (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.ersj.eu/journal/1559/download (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxiii:y:2020:i:1:p:419-428

Access Statistics for this article

More articles in European Research Studies Journal from European Research Studies Journal
Bibliographic data for series maintained by Marios Agiomavritis ().