DOI: 10.5176/978-981-08-8408-6_BizStrategy2011_11
Authors: Dr. Suhail Sami Sultan
Abstract:
The research paper discusses how the Palestinian industrial firms working in a dynamic environment can move from the factor driven stage to the innovation driven stage. This paper focuses on the main obstacles that impede the achievement of the competitive advantage of the firms working in the industrial sector such as instability of economic and political environment, acquiring capital, bureaucratic rules and regulations, infrastructure availability, infrastructure cost, and availability of technical qualifications. Some important recommendations of this research are: simplifying the rules and regulations related to the industry (taking into account that the vast majority of the industry is categorized as family owned and small and medium size businesses), providing and developing the infrastructure facilities and utilities at
reasonable prices and adequate quantities and qualities, building up the human capacities through training, maintenance and laboratory testing, developing lending institutions and making easy access to
finance, encouraging the diffusion of ICT into the different business functions of the industry, and encouraging the strategic cooperation and clustering in the industry. This research evolves from the importance of transforming the Palestinian industries from totally depending on the Israeli economy to the gradual de-annexing stage, and hence building the independence stage and achieving a competitive advantage to the Palestinian industries that lead the economic process and sustain prosper and luxury to the people.
Keywords: Occupied Palestinian Territory; Competitive Advantage; Innovation; ICT; Cluster; and SMEs
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