Over\nthe transformative first few decades of the 21st Century, innovation has\nemerged as a key element in the growth and development of nations and cities.\nIn this new age, pre-existing practices like transfer of technology are no\nlonger a sustainable solution, since different areas have a variety of regional\nand cultural factors affecting their most urgent challenges. Only a culture of\ninnovation can facilitate a state\u2019s efforts to solve these challenges and\nprovide its population with all that they need to build a more prosperous\nfuture for themselves and their nation.<\/p>\n\n\n\n
Even in\na world where innovation is held is such high regard, Dubai stands out with its\ndrive and overarching ambition to become a global innovation hub. A whole range\nof factors reinforce and amplify Dubai\u2019s potential to become one of the most\ninnovative cities in the world:<\/p>\n\n\n\n
Dubai\nis a young city with a bustling, energetic, and ambitious population. The\ncity\u2019s high quality of life is one of the major reasons that it is able to\nattract and retain highly competent professionals. This competency and\ncompetitiveness has allowed Dubai to maintain its momentum even during global\nlow-growth years. Dubai\u2019s well-known favour for entrepreneurship and support of\nyoung businesses has also resulted in new job opportunities and attracting\nquality talent.<\/p>\n\n\n\n
The\nleadership of Dubai has made great efforts to ensure that innovation becomes a\nkey cultural element in all its commercial, industrial, professional and\nadministrative agendas. A few examples would be initiatives like the National\nInnovation Strategy and the Mohammed Bin Rashid Center for Government\nInnovation to \u201cstimulate and enrich the culture of innovation\u201d within the\nemirate. This also holds true across the country, where innovation is seen as\nan overarching theme across the UAE\u2019s Vision 2021.<\/p>\n\n\n\n
One of\nthe biggest factors that limits cities in their endeavour to build a more\nindustrial and innovative society is the lack of quality infrastructure. Dubai,\non the other hand, has a whole array of infrastructural facilities to\nfacilitate the growth of businesses across industries. Dubai\u2019s many Free Zones\nalso provide the kind of easy business set up support that is rarely available\nanywhere else. Further, the administration has done away with a lot of the red\ntape that is usually associated with establishing a new business.<\/p>\n\n\n\n
Dubai\nhas highly enviable location at the centre of global trade routes connecting\nAsia, Africa and Europe. Businesses across industry verticals are offered\nincredible opportunities and easy access to a market of more than a billion.\nDubai has taken great measures to exploit its natural geographical advantages\nwith high-capacity seaports and airports to rival the best in the world.<\/p>\n\n\n\n
As\nDubai reinforces its commitment to innovation through large-scale government\ninitiatives and infrastructural projects, it fosters an environment that has\nthe capacity to ignite and sustain a culture of creativity across the country\nand the region. Businesses operating in the UAE will find a welcome atmosphere\nto initiate and experiment with new and innovative ideas and practices in their\nrespective industries.<\/p>\n","protected":false},"excerpt":{"rendered":"
Over the transformative first few decades of the 21st Century, innovation has emerged as a key element in the growth and development of nations and cities. In this new age, pre-existing practices like transfer of technology are no longer a sustainable solution, since different areas have a variety of regional and cultural factors affecting their most urgent challenges. Only a culture of innovation can facilitate a state\u2019s efforts to solve these challenges and provide its population with all that they need to build a more prosperous future for themselves and their nation. Even in a world where innovation is held […]<\/p>\n