IJIKMMENA · Vol 3, No 1 · 2014

Importance of innovation in Sweden, Dr. Hanadi M. Al-Mubaraki and Dr. Michael Busler

Kuwait University
Kuwait
Richard Stockton College
USA
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.

Findings

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 DevelopmentTechnologyEntrepreneurshipInnovation
Citation

Al-Mubaraki, H., M. and Busler, M. (2014): Importance of innovation in Sweden,International Journal of Innovation and Knowledge Management in Middle East and North Africa, Vol. 3, No. 1, pp. 51-63.