1. Business & Law in the
Era of Industrial
Revolution 4.0…
26 November 2022
The 6th International Conference on Advances in Business and
Law (ICABL 2022), 26-27 November 2022
1.Coopetition
2.Disruptive Innovation: “is an innovation that creates a new market
and value network and eventually disrupts an existing market and
value network, displacing established market leaders and alliances
(Wikipedia).”
2. ICABL 2022
26/11/2022
Business & Law in the Era of
Industrial Revolution 4.0…
Dr. Eesa Al Bastaki
The 6th International
Conference on Advances in
Business and Law (ICABL
2022), 26-27 November 2022
3. The Human Capital &
Leadership...
Capacity Building…
A Human Capital Development Requirement…
4. A True Leader…
“This is what has convinced us to
direct all our resources to building the
individual, and to using the wealth
which God has provided us in the
service of the nation”
"Building man in the next phase is a
national necessity that precedes the
construction of factories and facilities
because without a good man,
prosperity and good cannot be
achieved for the people.“
“Wealth is not money. Wealth lies in
men”
Sheikh Zayed Bin Sultan Al Nahyan,
The First President of UAE
5. A True Leader…
• “The Federation of the United
Arab Emirates has relied, and
will continue to rely, on the rich
and diverse contributions of its
true wealth, its people, to
guarantee its prosperity.”
Sheikh Khalifa Bin Zayed Al Nahyan
6. A True Leader…
“If we invest in correctly now
then after 50 years we will be
celebrating when we export the
last barrel of oil”
“No place for those who lack
science and knowledge”
Sheikh Mohammed Bin Zayed Al Nahyan
7. A True Leader…
• “Yes, we seek to make people happy, and
making people happy will be our objective and
mission until it becomes a permanent and
deep-rooted reality.”
• “The positive leader does not succumb to
circumstances; he or she makes the best out of
them in order to build a new future for the
people.”
Sheikh Mohammed Bin Rashid Al Maktoum
9. Post-Oil Strategic Vision...
“To achieve a long-term
sustainable, prosperous &
productive lifestyle after oil
for UAE’s next generations”
Requirements
1. Quality Education (QAOQ)
2. Research & Business Development
3. Innovation, Incubation &
Entrepreneurship
4. Robust, Secured, high-Speed,
Seamless & Reliable ICT Infrastructure
ع باعُيو اإلمارات في نعُص
الميا
Made in UAE, Sold
Globally
10. السحابية الحوسبة
Cloud Computing
النانوية التكنولوجيا
Nano-Technology (NEMS)
الحيوية التكنولوجيا
Bio-Technology
الروبوتات
Robotics
والمعزز االفتراضي الواقع
VR & AR
الضخمة البيانات
Big Data
األشياء إنترنيت
/
IPv6
Internet of Things (IoT)/IPv6
Wi-Fi 6 (IEEE 802.11ax, 9.6Gbps, 1024
QAM, Channel of 160MHz BW
بلوكشين
BlockChain
لل خدمة الرابعة الصناعية الثورة
تعليم
5G
ثالثية طباعة
األبع
اد
3D Printing
4th Industrial Revolution
Green Economy
األخضر االقتصاد
Cybersecurity
اإللكتروني األمن
االصطناعي الذكاء
Artificial Intelligence
ميتافرس
Metaverse
11. IOT in Business
Examples:
1. Healthcare: Wearables in
surgeries & MEMS
2. Industrial Business: empowers
manufacturing, Logistics and fleet
management, retail and banking
3. Agriculture: production efficiency,
speed and development
12. Robotics & AI in Business
Examples:
1. Healthcare: MEMS and remote
surgery
2. Industrial Business: automation
in manufacturing and Logistics
& fleet management
3. Agriculture: production
efficiency, speed and
development
13. VR & AR in Business
Examples:
1. Healthcare: remote diagnosis &
surgery
2. Industrial Business: tracking in
Logistics & fleet management
3. Agriculture: improving production
4. Education: smart education
14. Big Data in Business
Examples:
1. Healthcare: diagnosis and
analysis
2. Industrial Business: analytics of
Logistics & fleet management
3. Agriculture: analytics and
improvements in production
4. Education: smart education
15. 3D Printing in Business
Examples:
1. Healthcare: organs transplant
2. Real Estate: modelling and
marketing
3. Education: smart education
16. Blockchain in Business & Law
examples:
1. Technical: back-end database that
maintains a distributed ledger,
openly
2. Business: exchange network for
moving value, assets between
peers, without the assistance of
intermediaries
3. legal: validates transactions
18. 6 7
The UAE National Strategy for Innovation, Oct
2014
4 5
2 3
1
Technology
Space
Renewable Energy
Water
Education
Health
Transportation
The objective of the National Innovation Strategy is to
stimulate innovation in 7 sectors (THE WREST):
22. The Pillars of “Made in UAE, Sold Globally”…
Education
A Trained Workforce
• Instill a love of subject in
the young students
• Ease them towards subject
related higher education
• Encourage pursuit of
advanced degrees in
subject related fields
Bold – Imaginative – Action Oriented – Creative
Made in UAE
Sold Globally
Basic & Applied
R&BD
Innovative Breakthroughs
• Enable Academic and Private
sector research institutions
• Create an environment that
facilitates breakthrough thinking
applied to real-world issues
• Encourage Government, Academia
& Industry Collaboration in UAE
• Foster Applied and Basic
Research in the subject area
Incubation &
Startups
Commercial Success
• Fund Govt. and Private
incubators, incubatees and
startups
• Create a framework of
support for transforming
ideas to commercial
success
• Ensure “Home Grown”
knowledge creation and
market acceptance
Knowledge creation is not restricted to technology:
Book: to be sold globally
Literature: global standards
Art: performed or done in UAE exported abroad
Technology: made in UAE as per global standards
Cinema: produced in UAE watched globally
Medicine: produced locally & treated globally
Industry: innovating in UAE competing globally
Franchising: Boutique, Restaurant, etc…
• Coopetition
• Disruptive Innovation
24. د
دبي جامعة
University of
Dubai
College of Engineering & IT
College of Law
Dubai Business School (DBS)
Entrepreneurship &
Innovation Free Zone
Center for Business
Research & Consultancy
Center for Future
Studies
Center for Executive
Development
25. Capacity: 1.7 MWh (Ground mount solar plant)
The % of the University electricity offset by solar: 100%
Expected Internal Rate of Return (IRR): 23%
Expected Payback: 5 years
Expected savings during 1st year of operation: AED 1,200,000
CO2 emissions abated: 2,040 tons
Total Project Cost: AED 6 million
System Design Life: 30 years
Feasibility Study started: 14 Dec 2016
Project Started: 20 Nov 2018
Finished: 15 Nov 2019
Using Robotic dry-cleaning system: 34000 Liters of water may be saved
per month.
University of Dubai:
World's First Net-Zero Energy Campus (NZEB)
29. “Fortune Favors the Bold”
By Lester Thurow
I have Ambitions For Innovations…
The Future Favors the Bold
The Future is what our imagination Leads us to
The Future is What We Create Now
And the Imagination of the Future is Limitless
• Coopetition
• Disruptive Innovation
30. THANK YOU…
Dr. Eesa Al Bastaki
President, University of Dubai
Chairman, Emirates Science Club
Honorary Chair, IEEE UAE
eesa@ud.ac.ae
eesa@bastaki.ae
• Coopetition
• Disruptive Innovation
