Entrepreneurship and Innovation Department
About
Innovation Journey to enhance economy / رحلة الابتكار التي تهدف إلى رفع الاقتصاد المعرفي
How does innovation take full effect? (quoted from EU central bank)
Innovation usually starts on a small scale, e.g. when a new technology is first applied in the company where it has been developed. However, for the full benefits of innovation to be realised, it is necessary for it to spread across the economy and equally benefit companies in different sectors and of different sizes. Experts call this process the diffusion of innovation.
The current focus of the department is on improving technical skills and prioritizing the top 6 technologies and recommended industrial areas in Oman.
The main aim of this program is to participate in enhancing the following Oman vision 2040 indicators