Entrepreneurship, ICT and innovation: State of qatar transformation to a knowledge-based economy

Abstract

Oil and natural gas revenues still form the main part of national income and government revenues in Qatar. However, since, 1995, Qatar's economy is undergoing a critical transformation, shifting from a high dependence on hydrocarbon towards a diversified economy, with the focus firmly on the knowledge-based economy. Qatar 2030 explicitly promotes transformation into knowledge-based economy and raises ICT, innovation and entrepreneurship, as solution help reach this goal. The objective of this chapter is to analyze the recent dynamics of economic diversification in Qatar with a focus on three aspects: ICT, innovation and entrepreneurship; and how this transformation will help the country to build a knowledgebased economy.