IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i19p14194-d1247661.html
   My bibliography  Save this article

Innovation Ecosystems in Hydrocarbon-Based Economies: Opportunities and Challenges

Author

Listed:
  • Ahmed Al-Sulaiti

    (College of Engineering, Qatar University, Doha P.O. Box 2713, Qatar)

  • Iman T. Madhoun

    (College of Engineering, Qatar University, Doha P.O. Box 2713, Qatar)

  • Galal M. Abdella

    (College of Engineering, Qatar University, Doha P.O. Box 2713, Qatar)

  • Hussein Al-Yafei

    (Chemical Engineering Department, College of Engineering and Technology, University of Doha for Science and Technology, Doha P.O. Box 24449, Qatar)

  • Abdel Magid Hamouda

    (College of Engineering, Qatar University, Doha P.O. Box 2713, Qatar)

Abstract

Innovation is rapidly growing and affecting various industries, including hydrocarbon processing. This study aims to conduct a comprehensive and organized review of the literature on innovation ecosystems and their performance within hydrocarbon-based economies. It will examine existing definitions of innovation ecosystems and related concepts and conduct an in-depth analysis of certain hydrocarbon-based economies and their Global Innovation Index (GII) development from 2011 to 2022. The term “innovation ecosystem” has gained considerable attention from scholars and practitioners over the past fifteen years. Despite the proliferation of research in this area, there are concerns about its fragmented knowledge base. While previous reviews have highlighted the theoretical connections between innovation ecosystems and related concepts, there is still a need for a more comprehensive understanding of the current state of innovation ecosystem research. This study used a systematic literature review approach that combines bibliographic coupling and content analysis methods, drawing on over 40 studies to identify five streams of current innovation ecosystem research: Technology innovation, platform innovation ecosystems, regional development, innovation ecosystem conceptualization and theorization, and entrepreneurship and innovation. This study’s contribution lies in highlighting the specific elements that contribute to the development of an innovative economy based on hydrocarbons.

Suggested Citation

  • Ahmed Al-Sulaiti & Iman T. Madhoun & Galal M. Abdella & Hussein Al-Yafei & Abdel Magid Hamouda, 2023. "Innovation Ecosystems in Hydrocarbon-Based Economies: Opportunities and Challenges," Sustainability, MDPI, vol. 15(19), pages 1-12, September.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:19:p:14194-:d:1247661
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/19/14194/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/15/19/14194/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Aitzhanova, Aktoty & Iskaliyeva, Anastassiya & Krishnaswamy, Venkataraman & Makauskas, Dmitry & Razavi, Hossein & Sartip, Ahmad Reza & Urazaliyeva, Aida, 2015. "A practical approach to oil wealth management: Application to the case of Kazakhstan," Energy Economics, Elsevier, vol. 47(C), pages 178-188.
    2. Granstrand, Ove & Holgersson, Marcus, 2020. "Innovation ecosystems: A conceptual review and a new definition," Technovation, Elsevier, vol. 90.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lina Pilelienė & Viktorija Grigaliūnaitė & Yuliya Bogoyavlenska, 2024. "A Bibliometric Review of Innovations in Sustainable Tourism Research: Current Trends and Future Research Agenda," Sustainability, MDPI, vol. 16(16), pages 1-28, August.
    2. Lina Pilelienė & Giedrius Jucevičius, 2023. "A Decade of Innovation Ecosystem Development: Bibliometric Review of Scopus Database," Sustainability, MDPI, vol. 15(23), pages 1-26, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hala Abu-Kalla & Ruslana Rachel Palatnik & Ofira Ayalon & Mordechai Shechter, 2020. "Hoard or Exploit? Intergenerational Allocation of Exhaustible Natural Resources," Energies, MDPI, vol. 13(24), pages 1-20, December.
    2. Lepore, Dominique & Frontoni, Emanuele & Micozzi, Alessandra & Moccia, Sara & Romeo, Luca & Spigarelli, Francesca, 2023. "Uncovering the potential of innovation ecosystems in the healthcare sector after the COVID-19 crisis," Health Policy, Elsevier, vol. 127(C), pages 80-86.
    3. Baldwin, Carliss Y. & Bogers, Marcel L.A.M. & Kapoor, Rahul & West, Joel, 2024. "Focusing the ecosystem lens on innovation studies," Research Policy, Elsevier, vol. 53(3).
    4. Ghazinoory, Sepehr & Nasri, Shohreh & Afshari-Mofrad, Masoud & Taghizadeh Moghadam, Negin, 2023. "National Innovation Biome (NIB): A novel conceptualization for innovation development at the national level," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    5. Dorota Ciołek & Anna Golejewska & Adriana Zabłocka‐Abi Yaghi, 2022. "Innovation drivers in regions. Does urbanization matter?," Growth and Change, Wiley Blackwell, vol. 53(4), pages 1933-1960, December.
    6. Federico Caviggioli & Alessandra Colombelli & Antonio De Marco & Giuseppe Scellato & Elisa Ughetto, 2023. "Co-evolution patterns of university patenting and technological specialization in European regions," The Journal of Technology Transfer, Springer, vol. 48(1), pages 216-239, February.
    7. Ghazinoory, Sepehr & Phillips, Fred & Afshari-Mofrad, Masoud & Bigdelou, Nasrin, 2021. "Innovation lives in ecotones, not ecosystems," Journal of Business Research, Elsevier, vol. 135(C), pages 572-580.
    8. Tommaso Elli & Alessandra Spagnoli & Valeria Maria Iannilli, 2024. "Mapping Service-Based Retailing to Improve Sustainability Practices in the Fashion Industry," Sustainability, MDPI, vol. 16(17), pages 1-20, August.
    9. Choi, Kwang Hun & Kwon, Gyu Hyun, 2023. "Strategies for sensing innovation opportunities in smart grids: In the perspective of interactive relationships between science, technology, and business," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    10. Jiang, Syuan-Yi, 2022. "Transition and innovation ecosystem – investigating technologies, focal actors, and institution in eHealth innovations," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    11. Carmelina Bevilacqua & Pasquale Pizzimenti & Yapeng Ou, 2023. "Cities in Transition and Urban Innovation Ecosystems: Place and Innovation Dynamics in the Case of Boston and Cambridge (USA)," Sustainability, MDPI, vol. 15(18), pages 1-30, September.
    12. Alexander Chursin & Andrew Boginsky & Pavel Drogovoz & Vladimir Shiboldenkov & Zhanna Chupina, 2024. "Development of a Mechanism for Assessing Mutual Structural Relations for Import Substitution of High-Tech Transfer in Life Cycle Management of Fundamentally New Products," Sustainability, MDPI, vol. 16(5), pages 1-14, February.
    13. Chaudhary, Sanjay & Kaur, Puneet & Ferraris, Alberto & Bresciani, Stefano & Dhir, Amandeep, 2024. "Connecting entrepreneurial ecosystem and innovation. Grasping at straws or hitting a home run?," Technovation, Elsevier, vol. 130(C).
    14. Malte Jütting, 2020. "Exploring Mission-Oriented Innovation Ecosystems for Sustainability: Towards a Literature-Based Typology," Sustainability, MDPI, vol. 12(16), pages 1-28, August.
    15. Patrycja Klimas & Wojciech Czakon, 2022. "Gaming innovation ecosystem: actors, roles and co-innovation processes," Review of Managerial Science, Springer, vol. 16(7), pages 2213-2259, October.
    16. Hou, Hong & Shi, Yongjiang, 2021. "Ecosystem-as-structure and ecosystem-as-coevolution: A constructive examination," Technovation, Elsevier, vol. 100(C).
    17. Yong Xiang & Yunhui Ma & Meiling Ji & Yangyang Su, 2024. "Interconnected Knowledge: Examining the Evolution of Graduate Student Innovation Ecosystems," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 14036-14075, September.
    18. Elias G. Carayannis & Luca Dezi & Gianluca Gregori & Ernesto Calo, 2022. "Smart Environments and Techno-centric and Human-Centric Innovations for Industry and Society 5.0: A Quintuple Helix Innovation System View Towards Smart, Sustainable, and Inclusive Solutions," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 926-955, June.
    19. Gomes, Leonardo Augusto de Vasconcelos & Flechas, Ximena Alejandra & Facin, Ana Lucia Figueiredo & Borini, Felipe Mendes, 2021. "Ecosystem management: Past achievements and future promises," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    20. Patrycja Klimas & Wojciech Czakon, 2022. "Species in the wild: a typology of innovation ecosystems," Review of Managerial Science, Springer, vol. 16(1), pages 249-282, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:19:p:14194-:d:1247661. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.