(pp.051-063) H. M. Al-Mubaraki and M. Busler ‘Importance of innovation in Sweden’, IJIKMMENA, Vol. 3, No. 1, 2014
Purpose: The dynamics of business contexts manipulate the way firms act in their industry. These changes can have effects in several areas within a company. Entrepreneurship and Innovation are two areas that are affected when a change in a firm’s environment occurs. The aim has been to fulfill the requests for knowledge on trends and initiatives for Europe and an analysis of Swedish competitiveness in innovation.
Design/methodology/approach: The case study of this publication devotes a special consideration to the question of whether the analysed innovation efforts have helped to move the companies towards new market and knowledge relationships.
Results: The Swedish case study emphasizes the value of the innovation centre in sustaining technological innovation through jobs creation and companies as well as through the nurturing of entrepreneurship spirit in a local community.
Keywords: Economic development; Technology; Entrepreneurship; Innovation