Research, Innovation and Entrepreneurship in Saudi Arabia: Vision 2030 (Hardback) book cover

Research, Innovation and Entrepreneurship in Saudi Arabia

Vision 2030

By Muhammad Khurram Khan

© 2019 – Routledge

288 pages

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Hardback: 9781138488533
pub: 2018-06-02
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Saudi Vision 2030 is a newly introduced 15-year economic plan by the Kingdom of Saudi Arabia to diversify its economy from a heavy dependence on hydrocarbon to knowledge-based resources. This vision was announced on 25th April 2016 with a set of comprehensive goals and guidelines that the Saudi government aims to achieve by 2030. This vision aspires to transform Saudi Arabia into a vibrant society, a thriving economy and an ambitious nation in the World.

According to the World Bank, knowledge-based economies are defined by four pillars: institutional structures that provide incentives for entrepreneurship and the diffusion of knowledge, availability of skilled labor force and good education systems, ICT infrastructure, and a vibrant innovation landscape that includes academia, public and private sector, and civil society. One of the key elements of this vision emphasizes on building an education system aligned with market needs and creating economic opportunities for entrepreneurs, small enterprises, and large corporations.

This book examines Saudi vision 2030 and discusses how this initiative will assist the government in achieving its envisioned goals, by creating a culture of research, innovation, and entrepreneurship. It studies the current state of play, as well as the new science, technology, research, innovation and entrepreneurship reforms in Saudi Arabia. The author presents a number of real-life case studies, as a model of inspiration for cross-sector development. The book provides a source of inspiration for other developing nations in studying endeavours of a determined and ambitious leadership, in a transitioning journey, from a natural resources-based economy towards a knowledge-based country.

Table of Contents

  1. Kingdom of Saudi Arabia: The Historical and Social Context
  2. Saudi Vision 2030 and National Transformation Program
  3. Economic Development Visions of Gulf Cooperation Council (GCC) Countries
  4. Higher Education and Research Reforms in Saudi Arabia
  5. Journey towards Knowledge-based Economy
  6. Science, Technology and Innovation in Saudi Arabia
  7. Innovation Through University-Industry-Government Collaboration
  8. Economic Transformation through Incubation and Entrepreneurship
  9. Saudi Entrepreneurship Case Studies and Analysis

About the Series

Routledge Studies in Innovation, Organizations and Technology

This innovative series explores the role of innovation and innovation management and technological advances from an organizational perspective. This series brings together theories from a wide range of individual disciplines and examines both the internal understanding and management and also an external, shareholder perspective. Routledge Studies in Innovation, Organizations and Technology (RIOT!) features cutting -edge research addressing all the major issues in business and management today, helping to define and advance the field.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Development / Business Development
BUSINESS & ECONOMICS / Entrepreneurship
BUSINESS & ECONOMICS / International / General
BUSINESS & ECONOMICS / New Business Enterprises
BUSINESS & ECONOMICS / Operations Research
BUSINESS & ECONOMICS / Development / Economic Development
BUSINESS & ECONOMICS / Development / Sustainable Development
BUSINESS & ECONOMICS / Government & Business
BUSINESS & ECONOMICS / Research & Development
COMPUTERS / Information Technology