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Research, Innovation and Entrepreneurship in Saudi Arabia: Vision 2030 PDF

193 Pages·2020·2.996 MB·English
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Research, Innovation and Entrepreneurship in Saudi Arabia This book provides valuable insights into the Kingdom of Saudi Arabia (KSA) through a comprehensive examination of Vision 2030, an ambitious economic plan by the KSA to reinvent and diversify its economy from a heavy dependence on hydrocarbon to knowledge-based resources. Research, Innovation and Entrepreneurship in Saudi Arabia: Vision 2030 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 the field as well as new policies and reforms in Saudi Arabia which encompass education systems, ICT infrastructure and a vibrant innovation landscape that includes academia, the public and private sectors and civil society. The authors present 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 nations in studying the KSA’s determined and ambitious plans as a country in a transitioning journey from a natural resources–based economy towards a knowledge-based country with considerable diversification in all sectors. This book is a useful reference for students, researchers and policy and decision-makers in understanding Saudi innovation and the economic diversification ecosystem. Muhammad Khurram Khan is currently working as Professor of Cybersecurity at the Center of Excellence in Information Assurance (CoEIA), King Saud University, Kingdom of Saudi Arabia. He is founder and CEO of the Global Foundation for Cyber Studies and Research, an independent, non­ profit and non-partisan cybersecurity think-tank registered in Washington D.C. which explores and addresses global cyberspace challenges from the intersecting dimensions of policy and technology. Muhammad Babar Khan received his masters in media sciences from Iqra University, Pakistan, in 2015. He is working for a renowned think tank, Global Foundation for Cyber Studies and Research, USA, as a research analyst and media advisor and is currently pursuing another masters in international relations and a PhD in media studies. Routledge Studies in Innovation, Organizations and Technology Finance, Innovation and Geography Harnessing Knowledge Dynamics in German Biotechnology Felix C. Müller Business and Development Studies Issues and Perspectives Edited by Peter Lund-Thomsen, Michael Wendelboe Hansen and Adam Lindgreen Frugal Innovation A Global Research Companion Edited by Adela J. McMurray and Gerrit A. de Waal Digital Work and the Platform Economy Understanding Tasks, Skills and Capabilities in the New Era Edited by Seppo Poutanen, Anne Kovalainen, and Petri Rouvinen The Future of Work in Asia and Beyond A Technological Revolution or Evolution? Edited by Alan R. Nankervis, Julia Connell and John Burgess Society and Technology Opportunities and Challenges Edited by Ewa Lechman and Magdalena Popowska Contextual Innovation Management Adapting Innovation Processes to Different Situations Patrick van der Duin and Roland Ortt Research, Innovation and Entrepreneurship in Saudi Arabia Vision 2030 Edited by Muhammad Khurram Khan and Muhammad Babar Khan For more information about this series, please visit www.routledge.com/Rout ledge-Studies-in-Innovation-Organizations-and-Technology/book-series/ RIOT Research, Innovation and Entrepreneurship in Saudi Arabia Vision 2030 Edited by Muhammad Khurram Khan and Muhammad Babar Khan First published 2020 by Routledge 2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN and by Routledge 52 Vanderbilt Avenue, New York, NY 10017 Routledge is an imprint of the Taylor & Francis Group, an informa business © 2020 selection and editorial matter, Muhammad Khurram Khan and Muhammad Babar Khan; individual chapters, the contributors The right of Muhammad Khurram Khan and Muhammad Babar Khan to be identified as the authors of the editorial material, and of the authors for their individual chapters, has been asserted in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988. All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers. Trademark notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe. Disclaimer: Since this is an edited book, therefore, contents presented in all respective chapters are the sole responsibility of the contributing authors. Editors of this book don’t represent their social, national and political views in the chapters authored by contributing authors. British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library Library of Congress Cataloging-in-Publication Data A catalog record for this book has been requested ISBN: 978-1-138-48853-3 (hbk) ISBN: 978-1-351-04002-0 (ebk) Typeset in Bembo by Apex CoVantage, LLC Contents List of figures vii List of tables ix Biographies of editors x List of contributors xii Preface xiii 1 Kingdom of Saudi Arabia: the land of opportunities 1 MUHAMMAD BABAR KHAN, IRFAN HAMEED AND KAMRAN KHAN 2 Economic development vision of the Gulf Cooperation Council 17 MUHAMMAD BABAR KHAN, SADIA IQBAL AND IRFAN HAMEED 3 Saudi entrepreneurship case studies and analysis 54 MUHAMMAD BABAR KHAN AND SADIA IQBAL 4 Knowledge-based economy in Saudi Arabia and Vision 2030: the journey so far 84 MOHAMMAD NURUNNABI 5 Research and development in Saudi Arabia 104 IBRAHIM BABELLI 6 Economic transformation through incubation and entrepreneurship (in light of Vision 2030) 119 MUHAMMAD BABAR KHAN, SADIA IQBAL AND IRFAN HAMEED vi Contents 7 Vision 2030 and the National Transformation Program 146 MUHAMMAD BABAR KHAN AND SADIA IQBAL Conclusion 167 Index 176 Figures 1.1 Revenue from oil exports/resources 10 1.2 Revenue from non-oil resources 12 2.1 GCI rank of oil exporters in the Middle East, 2016–2017 edition 37 2.2 Oil production 38 2.3 Employment of GCC nationals 39 2.4 GCC sustainable energy plans 41 2.5 Institutions involved in policy making and planning in the GCC energy sectors 42 2.6 Installed renewable energy capacity in the GCC countries , as of 2014 42 2.7 Renewable energy projects in the GCC 43 2.8 GCC renewable energy investments from 2006 to 2015 (millions USD) 44 2.9 Breakdown of direct jobs in the renewable energy sector in the region by country in 2030 (%) 45 2.10 National economic strategies of the GCC countries 46 2.11 Adult literacy rate among women in the GCC vis-à-vis developed and emerging countries 47 2.12 Women’s capability is underutilized in the GCC region 48 2.13 Percentage of female graduates outnumbers male graduates in the GCC 48 2.14 Female labor force in the GCC, 2001–2010 49 2.15 Females as legislators and technical workers (as % of the total) 50 2.16 Assets under management (AUM) controlled by women worldwide 50 3.1 SME contribution to economies 56 3.2 Unemployment rate in Saudi Arabia (2000–2009) 57 3.3 Shares of Saudi unemployment in 2009 58 3.4 SIDF project financing categories 60 4.1 Overall score of the GCCs in Global Innovation Index (GII) 2016 90 viii Figures 4.2 Number of patents in Saudi Arabia from 1963 to 2015 90 4.3 Research overview in Saudi Arabia (1996–2016) 96 4.4 Research by subject area in Saudi Arabia (1996–2016) 97 4.5 Operating model, National Transformation Program 100 4.6 KACST’s strategic objectives in the National Transformation Program 2020 101 5.1 World research and development expenditure (% of GDP) 108 5.2 OECD countries’ gross domestic spending on R&D 109 5.3 Saudi Arabia’s research and development expenditure (% of GDP) 109 6.1 Hypothesized model 132 6.2 Interaction effect (Hypothesis H3a) 139 6.3 Interaction effect (Hypothesis H3b) 140 7.1 The National Transformation Program 2020 155 Tables 1.1 Economic outlook of the Kingdom for the last 5 years) 9 3.1 Doing business ranking indicators of Saudi Arabia (2011–2012) 59 4.1 Summary of core policies on higher education 85 4.2 Summary of key policies on science, technology and innovation 87 4.3 Notable achievements and underlying policy initiatives in 2013 88 4.4 Scimago Journal & Country Rank (SJR) 1996–2016 in the Middle East 91 4.5a Country rank, global rank and Saudi universities (2013–2016) 92 4.5b Country rank, global rank and Saudi universities (2009–2012) 93 4.6 Country rank, global rank and Saudi research institutes/ centers (2009–2016) 94 6.1 Model summary (testing Hypotheses 1a to 1c) 133 6.2 Model (testing Hypotheses 1a to 1c) 134 6.3 Indirect effect of X on Y (testing Hypotheses 1a to 1c) 134 6.4 Model summary (testing Hypotheses 2a to 2c) 135 6.5 Model (testing Hypotheses 2a to 2c) 136 6.6 Indirect effect of X on Y (testing Hypotheses 2a to 2c) 136 6.7 Model summary (testing Hypotheses H3a and H3b) 137 6.8 Model (testing Hypotheses H3a and H3b) 138 6.9 Conditional effect of X on Y (testing Hypotheses H3a and H3b) 138

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