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15th International WASD Conference Digital Revolution, Smart Cities and Performance Improvement Towards Sustainable, Knowledge-Based Inclusive Development 16 TO 18 May 2017 Ahlia University, Manama, Kingdom of Bahrain

Transcript of í ñ Z / v v ] } v o t ^ } v ( v ] P ] o Z À } o µ ] } v U ... · ks zs/ t k& y d z kekdz...

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15th International WASD Conference

Digital Revolution, Smart Cities and Performance Improvement Towards

Sustainable, Knowledge-Based Inclusive Development

16 TO 18 May 2017Ahlia University, Manama, Kingdom of

Bahrain

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Entrepreneurship Education and Training: A gateway towards a

knowledge-based and diversified economy in Qatar

Dr. Yagoub Ali Gangi,Ahmed Bin Mohamed Military College,

Qatar

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Paper outline

• Introduction• Research purpose• Overview of Qatar economy• Qatar initiatives to create knowledge-based

economy• Expansion in education• Introducing entrepreneurship education and

training• State of knowledge economy• Conclusion

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INTRODUCTION

• Like most of the GCC countries, Qatar economy depends largely on the hydrocarbon products.

• The prices of these products are volatile that put the economy at risk.

• Qatar has recognized this danger and decided to diversify its economy by moving toward a knowledge-base economy

• Entrepreneurship education and training are among the selected policy packages to serve this function.

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THE PURPOSE OF THE RESEARCH

• The purpose of the present paper is to explore the experience of Qatar with entrepreneurship education and training and identify its contribution in creating knowledge-based economy in Qatar.

• By doing so, the paper will contribute in raising our awareness about the state of entrepreneurship education and training and knowledge economy in Qatar

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OVERVIEW OF QATAR ECONOMY

Economic Indicator 2000 -2010Average

2011 2012 2013 2014 2015

Gross Domestic Product (inbillion US $)

150 170 189.7 201.3 209.5 203.3

GDP per-capita (thousand US $) 80 99.3 103.5 98.7 93.9 90.2

Real GDP growth % 10 13.0 6.0 6.3 4.0 3.9

Fiscal Balance (% of GDP) 6.3 6.9 11.4 14.3 16.1 5.3

Current Account Balance (inbillion US $)

38.4 48.2 62.4 60.5 49.4 13.7

Inflation rates 1.3 1.9 1.9 3.1 3.1 1.9

Unemployment rates 0.5 0.6 0.5 0.3 0.3 0.4

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INITIATIVES UNDERTAKEN BY QATARI GOVERNMENT TO CREATE KNOWLEDGE

ECONOMY• In order to diversify its economy and create a

knowledge-based economy; Qatar has invested large resources in improving its education services.

• It has allocated more than 4% of its GDP for education services.

• These resources have been used to improve the quantity and quality of education services at school and university levels

• As a result, education and training in Qatar has rapidly expanded at all education levels.

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EXPANSION IN EDUCATION AND TRAINING INSTITUTIONS

• Recently many educations and training institutionshave been established, example of which includes:

• Qatar Foundation and Education City with its severalcampuses of major U.S. and other EU universities,

• Qatar Science and Technology Park (QSTP),• Doha institute for higher educations• In addition, Qatar University, the main national

university in the State of Qatar has witnessed rapidexpansion and great development.

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EXPANSION IN EDUCATION AND TRAINING INSTITUTIONS (continue)

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ENTREPRENEURSHIP EDUCATION

• Although entrepreneurship education was introduced in US in 1970, EU countries in 1980s, China and Malaysia in 1990s, it was introduced in Qatar very recently in 2011.

• Qatar University as the oldest and main national university in Qatar has taken the lead in introducing entrepreneurship education in its education programs.

• It was introduced as a minor specialization for undergraduate students at College of Business and Economics and as courses (not specialization) for undergraduate students at the College of Engineering

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ENTREPRENEURSHIP TRAINING

• Qatar University has establishing the Center for Entrepreneurship (CFE) in order to spread the culture of entrepreneurship among students of Qatar University and Qatar community at large.

• In order to fulfill its mandate the CFE launches many training programs to students, faculties and staff of Qatar University.

• The most important institution that starts to provide entrepreneurship training is Qatar Development Bank (QDB)

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Questions

• Has all these attempts positively impacted on the state of the knowledge-based economy

• And if not Why?

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STATE OF KNOWLEDGE ECONOMY IN QATAR

Country Rank 2000

KEI 2000

Rank 2008

KEI 2008 Change 2000 to

2008

Rank 2012 KEI 2012

Change 2008 to 2012

UAE 48 6.05 42 6.66 0.65 42 6.94 0.28

Bahrain 41 6.85 50 6.02 -0.83 43 6.90 0.88

Oman 65 5.28 62 5.37 0.09 47 6.14 0.77

Saudi Arabia 76 4.60 65 5.15 0.55 50 5.96 0.81

Qatar 49 6.09 45 6.15 0.06 54 5.84 -0.31

Kuwait 46 6.16 51 6.01 -0.15 64 5.33 -0.68

Table (3): Knowledge Economy Index (KEI) for GCC countries (2000 – 2012)

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RESULT DISCUSSION

• As it can be seen from the table although the GCC countries are considered among the richest country of the world in term of GDP per-capita, their ranking does not reflect their income level.

• For example, Qatar is considered as the second richest countries of the world but its ranking in term of KEI is relatively low.

• Moreover, Qatar spends about 4% of its GDP on education and 1.5% of GDP on research, yet its ranking is low when compare it with the resources allocated.

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RESULT EXPLANATION AND JUSTIFICATION

• This means that investment in education as general and entrepreneurship education and training has not caused its immediate impact on knowledge economy.

• The reason for this could be attributed to the fact that the outcomes of entrepreneurship education and training takes some time to be realized.

• Other justification could be the inappropriateness of the entrepreneurship education and training.

• Further investigation is needed to get justification for this situation.

• Personal interviews with concerned people may help in getting some answers for questions and justification for this case.

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THANKS