Technology

Research Sub-Contractor

By

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Synopsis

Due to the petroleum economic revolution in Arabian Gulf Countries in the last 50 years, this region has a unique and peculiar management structure for their national research and innovation system. This book adds a value as a contribution to analyze and discover a unique national R&D system from within, which is unlike any other national system in the West or the East. The book also propose several practical management solutions to improve and re-organize the research, development, and innovation (RDI) ecosystem. The author emphasize the role of innovation to build nations. In this brief book, the author spent over a decade to develop and shape his opinions regarding the RDI system. These concepts are presented in a readily accessible non-academic style for the reader so that it can appeal to a broad audience rather than a limited group of academics.

“Ingredients of National Economic Growth: Labor, Capital, and The Missing Element”

“Adam Smith, in the Wealth of Nations, and Karl Marx, in Das Kapital, have made it clear that the economic growth of a nation depends mainly on two elements, capital and labor, which are the main inputs into the economic ecosystem of a nation. “Then came Robert Solo, who explained in his many articles the importance of the missing element from the previous equation: technology and innovation, which he called “technical progress.” Professor Solo of Massachusetts Institute of Technology received the Nobel Prize in 1987 in economic sciences. He made it clear that the economic outputs of an economic system through innovation (the new capital) are more productive and of higher value than other types of output.


In order to link things together, we return to what Thomas Friedman presented in his book, The World is Flat and the theory of the third globalization. Through changes in the complex global supply chain over the past few decades, the “United States of America has developed a strategy to keep generating IP products and shifting services and manufacturing to other countries, such as China, India, and Mexico. Some western European countries have followed suit. Many American products are not produced inside America, even though they are American innovations and designs. For example, Chevrolet and Chrysler cars are made in Mexico. Apple iPhones are manufactured in China. Ray-Ban glasses are designed at the headquarters of the American company and manufactured in Italy and China. Many American tire factories manufacture their products in Russia and Mexico.”


Excerpt From

Research Sub-Contractor x version

MOHAMMED AHMAD S. AL-SHAMSI

This material may be protected by copyright.”


Excerpt From

Research Sub-Contractor x version

MOHAMMED AHMAD S. AL-SHAMSI

This material may be protected by copyright.”


Excerpt From

Research Sub-Contractor x version

MOHAMMED AHMAD S. AL-SHAMSI

This material may be protected by copyright.

About the author

The author is a professor, inventor and statesman who worked in the academia for almost 15 years. He have Ph.D. in Engineering from the University of Waterloo in Canada. He is a co-author of a number of published peer-reviewed articles in high impact journals and patents. view profile

Published on February 02, 2020

Published by

20000 words

Genre: Technology

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