Portsmouth Business School
Recent PhD students
Dr. Mishaal Al Sabah
- Role Title: Recent PhD student
- Address: Richmond Building Portland Street Portsmouth PO1 3DE
- Telephone: 02392844602
- Email: email@example.com
- Department: Organisation Studies and Human Resource Management
- Faculty: Portsmouth Business School
Nationality: Kuwaiti - Director of studies: Dr Paul Trott - Year of graduation: 2012
How does Government Privatisation impact on economic growth and Technological Innovation in the state of Kuwait? (Working title)
The main objective of this research is to explore the impact of government regulation in general and privatization in particular on innovation and eceonomic growth in the state of Kuwait.
The main objective of this research is to explore the impact of government regulation in general and privatization in particular on innovation and economic growth in the state of Kuwait. This applied research project will examine some of the suggested techniques and solutions used by other national governments which may be developed for privatization in Kuwait.
Privatization has become the cornerstone of the Kuwait Government's economic policy. The Kuwaiti Government once owned shares in 62 companies, some of which the World Bank recommended should be privatized. Most of the shares in these companies were acquired by the Government as an attempt to relieve creditors during the collapse of the unofficial stock market, Souk Al-Manakh, in 1982.
Privatization in Kuwait involves both the reduction of the Government's stake in some existing public sector companies, and new opportunities for the private sector to invest in strategic industries previously supported by Government funding. In September 1992, the Kuwait Investment Authority (KIA) began implementing a three-phase privatization program that aims to reconstruct the economy and reduce dependence on oil income. This however, has implications for economic growth, industry development and investment choices.
This research examines the relationship between government intervention (in the form of privatization) and innovation.