Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar Perspective

<p dir="ltr">This research addresses the critical opportunities and challenges confronting economic sustainability for hydrocarbon-based economies. The primary objective is to advocate for a transformative shift towards diversified and knowledge-centric economic models to ensure long...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ahmed Al-Sulaiti (17151061) (author)
مؤلفون آخرون: Abdel Magid Hamouda (17430999) (author), Hussein Al-Yafei (17151055) (author), Galal M. Abdella (14779087) (author)
منشور في: 2024
الموضوعات:
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author Ahmed Al-Sulaiti (17151061)
author2 Abdel Magid Hamouda (17430999)
Hussein Al-Yafei (17151055)
Galal M. Abdella (14779087)
author2_role author
author
author
author_facet Ahmed Al-Sulaiti (17151061)
Abdel Magid Hamouda (17430999)
Hussein Al-Yafei (17151055)
Galal M. Abdella (14779087)
author_role author
dc.creator.none.fl_str_mv Ahmed Al-Sulaiti (17151061)
Abdel Magid Hamouda (17430999)
Hussein Al-Yafei (17151055)
Galal M. Abdella (14779087)
dc.date.none.fl_str_mv 2024-04-30T03:00:00Z
dc.identifier.none.fl_str_mv 10.3390/su16093770
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Innovation-Based_Strategic_Roadmap_for_Economic_Sustainability_and_Diversity_in_Hydrocarbon-Driven_Economies_The_Qatar_Perspective/29117042
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Strategy, management and organisational behaviour
Economics
Applied economics
Education
Education policy, sociology and philosophy
Human society
Development studies
Policy and administration
Innovation ecosystems
Economic sustainability
Hydrocarbon-based economies
Economic diversification
Qualitative approach
dc.title.none.fl_str_mv Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar Perspective
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">This research addresses the critical opportunities and challenges confronting economic sustainability for hydrocarbon-based economies. The primary objective is to advocate for a transformative shift towards diversified and knowledge-centric economic models to ensure long-term sustainability. The literature review exposes vulnerabilities in hydrocarbon-based economies. The study innovatively explores multifaceted dimensions of economic diversification, including governance issues, societal well-being, and the necessity for robust ecosystem frameworks. Utilizing a qualitative case study methodology, the research investigates Qatar’s initiatives, such as the Qatar National Vision 2030 and government programs, aiming to reduce dependence on hydrocarbons and foster innovation. Insightful semi-structured interviews provide nuanced perspectives on innovation in the hydrocarbon context with business and academic professionals. The primary data collection method involved the following distinct groups: five business professionals and eleven academic experts, representing eight outstanding local and external organizations. Key findings underscore a holistic view of innovation, associating it with practical solutions, adaptability, and transformative potential, showcasing diverse approaches ranging from business-centric to collaborative and user-centric methods. Identified challenges in the education system, the urgency for a matured innovation ecosystem, and opportunities in sustainable energy further enrich the study. Moreover, this research examines the challenges and mitigation strategies associated with economic diversification in hydrocarbon-driven economies, focusing on Qatar. The research recommends sustained efforts in economic diversification, educational reform, and technological integration for hydrocarbon-based economies. Policymakers, businesses, and academics can leverage these insights to navigate the complexities of resource dependency and ensure long-term viability. The commitment to addressing challenges faced by hydrocarbon-dependent nations remains crucial, with a dedication to fostering economic diversity, innovation, and educational excellence for a resilient and prosperous future.</p><h2>Other Information</h2><p dir="ltr">Published in: Sustainability<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/su16093770" target="_blank">https://dx.doi.org/10.3390/su16093770</a></p>
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network_acronym_str Manara2
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publishDate 2024
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spelling Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar PerspectiveAhmed Al-Sulaiti (17151061)Abdel Magid Hamouda (17430999)Hussein Al-Yafei (17151055)Galal M. Abdella (14779087)Commerce, management, tourism and servicesStrategy, management and organisational behaviourEconomicsApplied economicsEducationEducation policy, sociology and philosophyHuman societyDevelopment studiesPolicy and administrationInnovation ecosystemsEconomic sustainabilityHydrocarbon-based economiesEconomic diversificationQualitative approach<p dir="ltr">This research addresses the critical opportunities and challenges confronting economic sustainability for hydrocarbon-based economies. The primary objective is to advocate for a transformative shift towards diversified and knowledge-centric economic models to ensure long-term sustainability. The literature review exposes vulnerabilities in hydrocarbon-based economies. The study innovatively explores multifaceted dimensions of economic diversification, including governance issues, societal well-being, and the necessity for robust ecosystem frameworks. Utilizing a qualitative case study methodology, the research investigates Qatar’s initiatives, such as the Qatar National Vision 2030 and government programs, aiming to reduce dependence on hydrocarbons and foster innovation. Insightful semi-structured interviews provide nuanced perspectives on innovation in the hydrocarbon context with business and academic professionals. The primary data collection method involved the following distinct groups: five business professionals and eleven academic experts, representing eight outstanding local and external organizations. Key findings underscore a holistic view of innovation, associating it with practical solutions, adaptability, and transformative potential, showcasing diverse approaches ranging from business-centric to collaborative and user-centric methods. Identified challenges in the education system, the urgency for a matured innovation ecosystem, and opportunities in sustainable energy further enrich the study. Moreover, this research examines the challenges and mitigation strategies associated with economic diversification in hydrocarbon-driven economies, focusing on Qatar. The research recommends sustained efforts in economic diversification, educational reform, and technological integration for hydrocarbon-based economies. Policymakers, businesses, and academics can leverage these insights to navigate the complexities of resource dependency and ensure long-term viability. The commitment to addressing challenges faced by hydrocarbon-dependent nations remains crucial, with a dedication to fostering economic diversity, innovation, and educational excellence for a resilient and prosperous future.</p><h2>Other Information</h2><p dir="ltr">Published in: Sustainability<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/su16093770" target="_blank">https://dx.doi.org/10.3390/su16093770</a></p>2024-04-30T03:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.3390/su16093770https://figshare.com/articles/journal_contribution/Innovation-Based_Strategic_Roadmap_for_Economic_Sustainability_and_Diversity_in_Hydrocarbon-Driven_Economies_The_Qatar_Perspective/29117042CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/291170422024-04-30T03:00:00Z
spellingShingle Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar Perspective
Ahmed Al-Sulaiti (17151061)
Commerce, management, tourism and services
Strategy, management and organisational behaviour
Economics
Applied economics
Education
Education policy, sociology and philosophy
Human society
Development studies
Policy and administration
Innovation ecosystems
Economic sustainability
Hydrocarbon-based economies
Economic diversification
Qualitative approach
status_str publishedVersion
title Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar Perspective
title_full Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar Perspective
title_fullStr Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar Perspective
title_full_unstemmed Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar Perspective
title_short Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar Perspective
title_sort Innovation-Based Strategic Roadmap for Economic Sustainability and Diversity in Hydrocarbon-Driven Economies: The Qatar Perspective
topic Commerce, management, tourism and services
Strategy, management and organisational behaviour
Economics
Applied economics
Education
Education policy, sociology and philosophy
Human society
Development studies
Policy and administration
Innovation ecosystems
Economic sustainability
Hydrocarbon-based economies
Economic diversification
Qualitative approach