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Sheikh Mohammad Bin Rashid Al Maktoum |
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--: Tasaweer of Sheikh Mohammad Bin Rashid Al Maktoum :--
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| Sheikh Mohammad Bin Rashid launches National Innovation Strategy |  | | UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has launched the National Innovation Strategy. In seven years, the strategy will make the United Arab Emirates among the most innovative nations in the world.
Active within four major pillars, the strategy’s first phase includes 30 initiatives with a lifespan of three years. The strategy will introduce a pack of new legislations that promote innovation incubators, building specialized national capacities, motivate private sector, develop international research partnership, enhance public sector toward more innovation. The strategy will stimulate innovation in seven governmental sectors including renewable energy, transportation, health, education, technology, water and space.
Commenting on the launching of the National Innovation Strategy, His Highness Sheikh Mohammed bin Rashid said: “The UAE, under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, is already the most innovative Arab nation. Our target is to be among the most innovative nations in the world. The competitiveness race demands a constant flow of new ideas, as well as innovative leadership using different methods and tools to direct the change”.
His Highness added: “The National Innovation Strategy is a national priority, a primary tool to achieve our 2021 Vision and an engine for the growth of distinctive skills and capabilities across the nation. We have always called for creativity in every field; this strategy is a concrete step to implement that vision. These initiatives around innovation will enhance quality of life in the UAE and take our economy to new horizons”.
Sheikh Mohammed comments came during a meeting that was attended by Deputy Prime Minister and Minister of Interior His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs His Highness Sheikh Mansour bin Zayed Al Nahyan and Minister of Cabinet Affairs Mohammed bin Abdullah
Al Gargawi.
The strategy works along 4 parallel tracks. The first track will anchor a stimulating environment for innovation in the form of supportive institutions and laws. It will shape specialised entities such as innovation incubators as well as technological infrastructure to fuel innovation in all sectors. It will also focus on research and development in various innovation fields.
The second track will develop government innovation by institutionalizing innovative practices with the support of an integrated system of modern tools. The strategy requires all government entities to reduce spending by 1% and to dedicate the savings to research and innovation projects. National training and education programs on innovation will also be launched.
The third track will encourage private sector innovation by stimulating companies to establish innovation and scientific research centers, to adopt new technologies, and to develop innovative products and services. The U.A.E. will attract pioneering international firms in key innovation sectors, establish innovation communities and zones, and support applied research in areas of national priority. It will also enhance the UAE’s position as an international centre to test new innovations.
The fourth track will qualify individuals with highly innovative skills by concentrating on science, technology, engineering and mathematics, including the creation of educational material for schools and universities. The aim is to establish a national culture that encourages innovation and entrepreneurship through partnerships between the public, private and media sectors.
His Highness Sheikh Mohammed indicated that “innovation today is driven by effective institutions, strong policies, specialised skills, and an economy where all sectors work together to discover new ways to conduct business. Finding new and innovative ways to provide government services and developing national economy is the fastest way to enhance UAE’s international competitiveness, and our public and private sectors are expected to take part in the National Innovation Strategy”.
Currently, UAE is investing AED 14 billion annually in innovation projects, including AED 7 billion allocated for research and development. Innovationspending will rise significantly during the next few years.
The National Innovation Strategy includes 16 indicators to measure progress. Government-sector indicators include the percentage of innovative ideas and the proportion of budget allocated to innovation. Private-sector indicators include R&D investment and the knowledge profile of the workforce. Global indicators include overall measure comparing countries’ innovation capabilities, as well as indicators for the protection of intellectual property, the creation of patents and the availability of scientists and engineers.
The strategy contains practical initiatives in each of its seven priority sectors.
In the field of renewable energy, the strategy will establish a new organization to facilitate decentralized power generation projects such as small-scale solar installations. The strategy will also encourage innovation in the renewable industry while also supporting applied research in clean technology.
In transportation, the strategy will stimulate innovation in air and sea travel as well as logistics. The aim is to provide new products and services, make procedures more effective, and save time. The strategy will also focus on innovation in the field of unmanned drones.
In education, the strategy will establish innovation labs in schools and universities as part of a drive to equip students with targeted skills such as critical thinking, problem-solving, creativity, perseverance and adaptability.
In health, the strategy will promote advanced technologies in healthcare services. It will stimulate the growth of the biotechnology and pharmaceutical industries while also working with strategic partners to support medical research.
Regarding water resources, the strategy will seek innovative solutions to the challenge of water scarcity .Finally, the strategy will support space technology for the purpose of exploration as well as satellite communications and specialised research on terrestrial applications.
Sunday, October 19, 2014
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