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OECD Reviews of Innovation Policy: Kuwait 2021

AUTHOR Oecd
PUBLISHER Org. for Economic Cooperation & Development (04/15/2021)
PRODUCT TYPE Paperback (Paperback)

Description

The slowdown in market demand for oil is putting increasing pressure on Kuwait's current economic and social model. This model is based on the distribution of petroleum export proceeds to Kuwaiti citizens, with relatively limited long-term investment in knowledge production and the upgrading of the national innovation capacity.

The transition towards a knowledge-based society - where value creation, the resolution of societal challenges and the well-being of society at large will be based on the production, diffusion and implementation of knowledge - is becoming an imperative. This is recognised within the national development strategy which formulates the objective of attaining 'Smart Kuwait' by 2035.

Such a transition is challenging and can only be achieved through the build-up of appropriate governance of the STI system with adequate institutions such as a Ministry and a professional agency with a mandate for research and innovation. This set-up should help raise awareness and reduce barriers to innovation, reinforce the scientific research base, develop the support for business innovation, foster knowledge diffusion and co-creation between science and industry, build up the human capital needed, and establish the role of science, technology and innovation in tackling Kuwait's societal challenges.

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Product Format
Product Details
ISBN-13: 9789264702257
ISBN-10: 9264702253
Binding: Paperback or Softback (Trade Paperback (Us))
Content Language: English
More Product Details
Page Count: 240
Carton Quantity: 13
Product Dimensions: 8.25 x 0.65 x 11.00 inches
Weight: 1.62 pound(s)
Country of Origin: US
Subject Information
BISAC Categories
Science | General
Science | Development - Economic Development
Science | Industries - General
Descriptions, Reviews, Etc.
publisher marketing

The slowdown in market demand for oil is putting increasing pressure on Kuwait's current economic and social model. This model is based on the distribution of petroleum export proceeds to Kuwaiti citizens, with relatively limited long-term investment in knowledge production and the upgrading of the national innovation capacity.

The transition towards a knowledge-based society - where value creation, the resolution of societal challenges and the well-being of society at large will be based on the production, diffusion and implementation of knowledge - is becoming an imperative. This is recognised within the national development strategy which formulates the objective of attaining 'Smart Kuwait' by 2035.

Such a transition is challenging and can only be achieved through the build-up of appropriate governance of the STI system with adequate institutions such as a Ministry and a professional agency with a mandate for research and innovation. This set-up should help raise awareness and reduce barriers to innovation, reinforce the scientific research base, develop the support for business innovation, foster knowledge diffusion and co-creation between science and industry, build up the human capital needed, and establish the role of science, technology and innovation in tackling Kuwait's societal challenges.

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Paperback