(23) Importance of innovation in Sweden, Dr. Hanadi M. Al-Mubaraki and Dr. Michael Busler
Dr. Hanadi Mubarak AL-Mubaraki
Kuwait University
Kuwait
Dr. Michael Busler
Richard Stockton College
USA
DOI: 10.47556/J.IJIKMMENA.3.1.2014.3
Purpose: The dynamics of business contexts manipulate the way firms act in their industry. These changes can have effects in several areas within a company. Entrepreneurship and Innovation are two areas that are affected when a change in a firm’s environment occurs. The aim has been to fulfill the requests for knowledge on trends and initiatives for Europe and an analysis of Swedish competitiveness in innovation.
Design/methodology/approach: The case study of this publication devotes a special consideration to the question of whether the analysed innovation efforts have helped to move the companies towards new market and knowledge relationships.
Results: The Swedish case study emphasizes the value of the innovation centre in sustaining technological innovation through jobs creation and companies as well as through the nurturing of entrepreneurship spirit in a local community.
Keywords: Economic Development, Technology, Entrepreneurship, Innovation.
