A survey of the innovation ecosystem in the United Arab Emirates

Abdullah SHARAFI

Abstract


Abstract. The UAE has long set itself apart from other members of the Organization of Petroleum Exporting Countries (OPEC) by successfully reducing its dependence on oil exports and diversifying its economy to focus on industries such as tourism, media, technology, and real estate. The economy’s innovation capacity expanded when businesses and properties were allowed to be 100pc owned by non-nationals. However, the UAE must learn from its own experiences and those of other nations to further improve its innovation ecosystem, such as by tackling legacy rentier institutions and laws that prevent it from transforming into a fully modern sustainable economy.

Keywords. Innovation; Ecosystem; United Arab Emirates.

JEL. A10; B10; E10.


Keywords


Innovation; Ecosystem; United Arab Emirates.

Full Text:


References


Aarti, N. (2021). Startup story: mission success, Gulf Business, 26(4), 24.

Arthur, W.B. (2011). The Second Economy. McKinsey Quarterly.

Domingos. P. (2015). The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World, Basic Books, New York.

Ito, J., & Howe, J. (2016). Whiplash: How to Survive Our Faster Future; Hachette Gook Group; New York.

Mazzucato, M. (2015). The Entrepreneurial State; Debunking Public Vs. Private Sector Myths, PublicAffaris.

Mogielnicki, R. (2021). A Political Economy of Free Zones in Gulf Arab States, Palgrave Macmillan, Switzerland.

Rostow, W.W. (1971). The Stages of Economic Growth: A Non-communist Manifesto, Cambridge University Press.

Schuman, M. (2009). The Miracle: The Epic Story of Asia’s Quest for Wealth, HarperCollins e-Books.

Senor, D., & Singer, S. (2009). Start-up Nation: The Story of Israel’s Economic Miracle, Hachette Book Group; New York.

Smith, A. (2012). An Inquiry into The Nature and Causes of The Wealth of Nations, Digireads.com, Kansas.

Stiglitz, J.E., & Greenwald, B.C. (2014). Creating a Learning Society: A New Approach to Growth, Development and Social Progress, Columbia University Press, New York.




DOI: http://dx.doi.org/10.1453/jest.v9i3.2353

Refbacks

  • There are currently no refbacks.


Bookmark and Share


Journal of Economic and Social Thought - J. Econ. Soc. Thoug. - JEST - www.kspjournals.org

ISSN: 2149-0422

Editor: [email protected]   Secretarial: [email protected]   Istanbul - Turkey.

Copyright © KSP Library