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"Tourism Technological innovations United Arab Emirates."
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Innovative leadership in leisure and entertainment industry
PurposeInnovative undertakings play a critical role in the economic value creation and wealth generation of a nation. This paper aims to contribute to the literature that positions innovation at the core of the tourism industry in the context of emerging markets.Design/methodology/approachThe authors adopt a case study approach and draw on secondary sources of data to examine how the UAE is reaping the benefits of innovation to transform itself into a leading international leisure and entertainment hub.FindingsThe strategy of significant financial investment in complex mega-projects and major infrastructure development have offered the UAE a relative advantage over other industry giants worldwide. Nonetheless, the local government should continue tapping into the multiple and diverse opportunities that product/service and process innovation has to offer if the UAE ambitions to enhance its competitiveness and acquire the status of a global tourism hub.Originality/valueWhile most research efforts to date focused on Western markets, this study contributes to the development of a knowledge base about the role of innovation in the tourism industry in emerging market settings.
Journal Article
Sectoral diversification of UAE toward a knowledge-based economy
Purpose - The purpose of this study is to look at the United Arab Emirates' (UAE's) progress toward economic diversification and becoming a knowledge-based economy. Design/methodology/approach - The World Development Indicators (WDI) and GlobalEconomy websites provided all secondary data for this paper. The data are largely used to highlight the UAE's current level of diversification and, consequently, the atmosphere for a knowledge economy transition necessary for sustainable development. Additionally, the study conducts a nonparametric estimation using DEA to identify the condition of four variables pertaining to the UAE's knowledge economy. The Herfindahl-Hirschman index (HHI) was utilized empirically in this study to determine the current state of diversity. Findings - According to this research, the UAE economy was reasonably diverse until recently. The number of patents and journal papers published per resident both add to the UAE's GDP. Furthermore, the UAE's information and communication technology (ICT) exports are inconsistent; a declining trend in the number of researchers and the education sector's continuous struggles are major concerns. Furthermore, Figure 1 in the introduction reinforces this conclusion by noting that construction and building remained the greatest employer of labor throughout the time period. This is a significant finding because, as illustrated in this research, low labor force participation in the education sector, combined with lower citizen participation in advanced education in the UAE, results in low scientific research and publications, with low knowledge output as patent applications. In general, the majority of the UAE's population is expat, and the extent to which locals and expats contribute to the overall advancement of education remains an open question. According to the data envelopment analysis (DEA) model, three variables in the knowledge economy are productive, and they are economic incentive and institutional regime, innovation systems and ICT. The findings of this article will aid policymakers in the UAE, and more generally in the Gulf Cooperation Council (GCC) region, in developing more successful policies that help in the growth of a knowledge- and innovation-based economy. Practical implications - This study is appropriate for UAE economic policymakers to monitor the state and policies required for the UAE's transition to a knowledge economy. Originality/value - This issue has rarely been addressed by the use of robust parametric and nonparametric processes, as well as robust data visualization tools.
Journal Article
BUSINESS IMPLICATIONS OF LOCAL DEVELOPMENT POLICIES
Place competitiveness and entrepreneurship is becoming more and more central in the economic debate on microeconomic of development. We focus on the interlinkages between public administration and business development as it is important to shed light on implemented reforms across countries and over time. Prior research shows that appropriate form and coherent governance structure are key determinants in successful projects in local development. This does not exhaust the set of factors leading to positive performance. In this paper we investigate how i) Dubai local government has regulated and ii) first comer firms have managed the innovation phase. In order to achieve the desired objectives, firms have deeply analysed the local market and made significant changes to its services, while local authorities have fostered their policies to promote the presence of foreign leader companies in the field of travel & tourism e.g. cruise lines.
Journal Article