The document discusses the growing investment in research and development (R&D) in the Middle East. It notes that the region was historically a center of innovation and is again investing heavily in R&D to diversify their economies and meet the needs of growing populations. The Middle East's strategic location, infrastructure, large market, and young demographic make it attractive for global businesses to invest. While government investment currently dominates, the private sector must play a larger role to fully realize the region's innovation potential.
Challenge: Science, Technology, and Innovation and the Triple Bottom LineOlivier Serrat
Science, technology, and innovation have become part of everyday life. However, there are instances where they encourage the use and abuse of natural resources. How might science, technology, and innovation be harnessed for people, planet, and profit to deliver sustainable methods and minimize environmental harm? How might business lend a hand?
The Sustainable Development Goals—officially known as "Transforming our World: The 2030 Agenda for Sustainable Development"—are an intergovernmental set of 17 aspirational goals and 169 targets. Building post-2015 on the accomplishments of the Millennium Development Goals, but cognizant also of their shortcomings, they combine economic, environmental, and social goals that now apply to all countries. They were developed in a broad two-year consultation process during which civil society, citizens, academics, scientists, and the private sector of all countries had the opportunity to contribute.
Ramping Up Information and Communications Technology for DevelopmentOlivier Serrat
ADB's ICTD Team Work Plan, 2016–2017 aims to identify ICT options in ADB's operations, diversify ICT portfolios in ADB's operations, develop ADB's capacity for ICT operations, and leverage knowledge partnerships in ICT.
Achieving Impact Through Knowledge Management and Communication in the Hindu ...Olivier Serrat
Access to timely and high-quality research outputs and knowledge products of ICIMOD by member countries and the wider regional and global community will inform, promote, and accelerate learning about and solutions to the challenges facing mountains ecosystems and their people. As a learning, knowledge, and enabling center for mountains, knowledge management and communication must be at the center of everything ICIMOD does.
GreenBiz 18 Tutorial Slides: Fulfilling the Potential of Business to Realize ...GreenBiz Group
While leading businesses have long been engaged in efforts to integrate sustainability at the core of corporate strategy and decision-making, the Sustainable Development Goals (SDGs) provide us with a new lens through which to translate global needs and ambitions into business solutions. These solutions will enable companies to better manage their risks, anticipate consumer demand, harness the potential of historic growth markets, secure access to needed resources and strengthen their supply chains, while moving the world towards the delivery of the SDGs and a more prosperous society for all.
While business is not being asked to deliver the SDGs by itself, this complex and urgent agenda will not be realized without involvement at scale by the private sector. Converting the SDGs into meaningful and widespread corporate engagement, and ushering in the inclusive and sustainable economic growth that the Goals represent, will be a sizeable challenge.
Forward-looking businesses are already working towards having a meaningful impact on the SDGs - in particular by:
developing a thorough understanding of how their activities translate into economic, environmental and social impacts in the context of the SDGs;
setting ambitious goals to implement the SDGs, including by incorporating responsible business practices across strategies and operations;
pursuing impactful contributions to the 2030 Agenda through a strong commitment to universal principles in relation to human rights, equality and the environment;
developing business solutions to address sustainability challenges;
collaborating with peers to develop a collective vision and roadmaps to realize substantial sector transformation;
working across sectors to help transform entire economic systems;
disclosing SDG performance and progress;
openly advocating for key policy and finance enablers that will help achieve a tipping point.
SCIENCE, TECHNOLOGY AND INNOVATION FOR SUSTAINABLE DEVELOPMENT IN ASIA AND TH...Lausanne Montreux Congress
Investment in science, technology and innovation (STI) needs to be the backbone of productivity-led economic
recovery and sustainable development. Despite significant increases in productivity over the past few decades,
economic growth in developing economies of Asia and the Pacific has been primarily driven by factor
accumulation. However, the average rate of productivity growth slowed between the periods 2000-2007 and
2008-2014 by 65 per cent, which has contributed to the current economic slowdown, potentially undermining
efforts to effectively pursue the 2030 Agenda for Sustainable Development.
MindLab's UNDP Knowledge and Innovation evaluationUNDP Eurasia
The Regional Service Center for Europe and the CIS commissioned MindLab the evaluation of the initiative “Knowledge and Innovation in the Europe and CIS Region 2012/2013”. This report represents a thematic evaluation of the innovation activities undertaken by the Regional Service Center for Europe and the CIS and led by its Knowledge and the Innovation in 2011-2013.
Challenge: Science, Technology, and Innovation and the Triple Bottom LineOlivier Serrat
Science, technology, and innovation have become part of everyday life. However, there are instances where they encourage the use and abuse of natural resources. How might science, technology, and innovation be harnessed for people, planet, and profit to deliver sustainable methods and minimize environmental harm? How might business lend a hand?
The Sustainable Development Goals—officially known as "Transforming our World: The 2030 Agenda for Sustainable Development"—are an intergovernmental set of 17 aspirational goals and 169 targets. Building post-2015 on the accomplishments of the Millennium Development Goals, but cognizant also of their shortcomings, they combine economic, environmental, and social goals that now apply to all countries. They were developed in a broad two-year consultation process during which civil society, citizens, academics, scientists, and the private sector of all countries had the opportunity to contribute.
Ramping Up Information and Communications Technology for DevelopmentOlivier Serrat
ADB's ICTD Team Work Plan, 2016–2017 aims to identify ICT options in ADB's operations, diversify ICT portfolios in ADB's operations, develop ADB's capacity for ICT operations, and leverage knowledge partnerships in ICT.
Achieving Impact Through Knowledge Management and Communication in the Hindu ...Olivier Serrat
Access to timely and high-quality research outputs and knowledge products of ICIMOD by member countries and the wider regional and global community will inform, promote, and accelerate learning about and solutions to the challenges facing mountains ecosystems and their people. As a learning, knowledge, and enabling center for mountains, knowledge management and communication must be at the center of everything ICIMOD does.
GreenBiz 18 Tutorial Slides: Fulfilling the Potential of Business to Realize ...GreenBiz Group
While leading businesses have long been engaged in efforts to integrate sustainability at the core of corporate strategy and decision-making, the Sustainable Development Goals (SDGs) provide us with a new lens through which to translate global needs and ambitions into business solutions. These solutions will enable companies to better manage their risks, anticipate consumer demand, harness the potential of historic growth markets, secure access to needed resources and strengthen their supply chains, while moving the world towards the delivery of the SDGs and a more prosperous society for all.
While business is not being asked to deliver the SDGs by itself, this complex and urgent agenda will not be realized without involvement at scale by the private sector. Converting the SDGs into meaningful and widespread corporate engagement, and ushering in the inclusive and sustainable economic growth that the Goals represent, will be a sizeable challenge.
Forward-looking businesses are already working towards having a meaningful impact on the SDGs - in particular by:
developing a thorough understanding of how their activities translate into economic, environmental and social impacts in the context of the SDGs;
setting ambitious goals to implement the SDGs, including by incorporating responsible business practices across strategies and operations;
pursuing impactful contributions to the 2030 Agenda through a strong commitment to universal principles in relation to human rights, equality and the environment;
developing business solutions to address sustainability challenges;
collaborating with peers to develop a collective vision and roadmaps to realize substantial sector transformation;
working across sectors to help transform entire economic systems;
disclosing SDG performance and progress;
openly advocating for key policy and finance enablers that will help achieve a tipping point.
SCIENCE, TECHNOLOGY AND INNOVATION FOR SUSTAINABLE DEVELOPMENT IN ASIA AND TH...Lausanne Montreux Congress
Investment in science, technology and innovation (STI) needs to be the backbone of productivity-led economic
recovery and sustainable development. Despite significant increases in productivity over the past few decades,
economic growth in developing economies of Asia and the Pacific has been primarily driven by factor
accumulation. However, the average rate of productivity growth slowed between the periods 2000-2007 and
2008-2014 by 65 per cent, which has contributed to the current economic slowdown, potentially undermining
efforts to effectively pursue the 2030 Agenda for Sustainable Development.
MindLab's UNDP Knowledge and Innovation evaluationUNDP Eurasia
The Regional Service Center for Europe and the CIS commissioned MindLab the evaluation of the initiative “Knowledge and Innovation in the Europe and CIS Region 2012/2013”. This report represents a thematic evaluation of the innovation activities undertaken by the Regional Service Center for Europe and the CIS and led by its Knowledge and the Innovation in 2011-2013.
This is a handbook for businesses and other stakeholders that value social responsibility, economic growth and healthy business environments. These crucial issues in the present world cannot be solved by a company or government in isolation, and should be addressed as a pervasive concern that every participant in the global economy needs to tackle. It is with such a view that EBAC introduces the Responsible Business 2.0 model in this handbook, and aligns this framework with the goals in order to achieve a global, inclusive and sustainable development
World Wealth Report 2015 from Capgemini and RBC Wealth ManagementCapgemini
The World Wealth Report 2015 from Capgemini and RBC Wealth Management is the industry’s leading benchmark for tracking high net worth individuals (HNWIs), their wealth, and the global and economic conditions that drive industry change. Drawing on insights from more than 5,000 HNWI survey respondents, the report sheds light on several themes including how HNWI preferences are shifting, their approach to global asset allocation and use of cash and credit, and the evolving role of the wealth manager. Learn more about HNWI wealth and population and explore HNWI investing trends and social impact at http://www.worldwealthreport.com.
The Sustainable Competitiveness Index 2015SolAbility
The sustainable competitiveness index compares countries based on the availability of natural capital, their capability in resource management, social cohesion, intellectual property, and governance.
The ratings can be used as alternative to the GDP or sovereign bond ratings
The latest seminar series organised jointly by the Royal Statistical Society (RSS), the Royal Economic Society (RES), the Economic Statistics Centre of Excellence (ESCoE), Office for National Statistics (ONS) and the Society of Professional Economists (SPE). Part of a wider effort to ensure that UK economic statistics keep pace with the changing shape of modern economies and societies, and continue to meet users’ needs.
The Global Sustainable Competitiveness IndexSolAbility
The Global Sustainable Competitiveness Index ranks 176 countries against their capabilities to create and sustain sustainable wealth based on 72 data indicators
WBCSD - Business implications of the Sustainable Development Goals fveglio
The Sustainable Development Goals (SDGs) provide business with a powerful framework to translate global needs and ambitions into business solutions. They enable companies to better manage their risks and unlock opportunities. Radical transformation is required to deliver the Global Goals, allowing business to demonstrate leadership and apply its creativity to innovate for a more sustainable and inclusive future.
Business is not being asked to deliver the SDGs alone, but the goals will not be achieved without a significant contribution from the private sector. With our work programs we aim to provide meaningful avenues for our members to lead, transform and succeed on the journey to 2030.
Built on the global World Wealth Report, the Asia-Pacific Wealth Report 2012 from Capgemini and RBC Wealth Management looks at the behavior of HNWIs in 10 core markets: Australia, China, Hong Kong, India, Indonesia, Japan, Singapore, South Korea, Taiwan, and Thailand. In 2011, Asia-Pacific became home to the largest population of high net worth individuals (HNWIs), surpassing North America for the first time.
World Wealth Report 2014 from Capgemini and RBC Wealth ManagementCapgemini
The World Wealth Report 2014 from Capgemini and RBC Wealth Management is the industry’s leading benchmark for tracking high net worth individuals (HNWIs), their wealth, and the global and economic conditions that drive change in the Wealth Management industry. Based on survey responses from more than 4,500 HNWIs, the World Wealth Report 2014 features the Global HNW Insights Survey, the industry’s most in-depth global research on HNWI preferences and behaviors.
How to compete in tumultuous times and operate in complexityDavid Graham
The current operating environment in which today’s leaders’ navigate is characterized by uncertainty and rapid change, with the growing influence of technology impacting business decision and organisational behaviour
This international marketing plan seeks to identify and evaluate the best foreign markets for TJ’s by selecting market indicators that are potentially impactful on consumer acceptance of TJ’s and its unique culture and brand
by Francis Ukpolo and Kerry Andrews
This is a handbook for businesses and other stakeholders that value social responsibility, economic growth and healthy business environments. These crucial issues in the present world cannot be solved by a company or government in isolation, and should be addressed as a pervasive concern that every participant in the global economy needs to tackle. It is with such a view that EBAC introduces the Responsible Business 2.0 model in this handbook, and aligns this framework with the goals in order to achieve a global, inclusive and sustainable development
World Wealth Report 2015 from Capgemini and RBC Wealth ManagementCapgemini
The World Wealth Report 2015 from Capgemini and RBC Wealth Management is the industry’s leading benchmark for tracking high net worth individuals (HNWIs), their wealth, and the global and economic conditions that drive industry change. Drawing on insights from more than 5,000 HNWI survey respondents, the report sheds light on several themes including how HNWI preferences are shifting, their approach to global asset allocation and use of cash and credit, and the evolving role of the wealth manager. Learn more about HNWI wealth and population and explore HNWI investing trends and social impact at http://www.worldwealthreport.com.
The Sustainable Competitiveness Index 2015SolAbility
The sustainable competitiveness index compares countries based on the availability of natural capital, their capability in resource management, social cohesion, intellectual property, and governance.
The ratings can be used as alternative to the GDP or sovereign bond ratings
The latest seminar series organised jointly by the Royal Statistical Society (RSS), the Royal Economic Society (RES), the Economic Statistics Centre of Excellence (ESCoE), Office for National Statistics (ONS) and the Society of Professional Economists (SPE). Part of a wider effort to ensure that UK economic statistics keep pace with the changing shape of modern economies and societies, and continue to meet users’ needs.
The Global Sustainable Competitiveness IndexSolAbility
The Global Sustainable Competitiveness Index ranks 176 countries against their capabilities to create and sustain sustainable wealth based on 72 data indicators
WBCSD - Business implications of the Sustainable Development Goals fveglio
The Sustainable Development Goals (SDGs) provide business with a powerful framework to translate global needs and ambitions into business solutions. They enable companies to better manage their risks and unlock opportunities. Radical transformation is required to deliver the Global Goals, allowing business to demonstrate leadership and apply its creativity to innovate for a more sustainable and inclusive future.
Business is not being asked to deliver the SDGs alone, but the goals will not be achieved without a significant contribution from the private sector. With our work programs we aim to provide meaningful avenues for our members to lead, transform and succeed on the journey to 2030.
Built on the global World Wealth Report, the Asia-Pacific Wealth Report 2012 from Capgemini and RBC Wealth Management looks at the behavior of HNWIs in 10 core markets: Australia, China, Hong Kong, India, Indonesia, Japan, Singapore, South Korea, Taiwan, and Thailand. In 2011, Asia-Pacific became home to the largest population of high net worth individuals (HNWIs), surpassing North America for the first time.
World Wealth Report 2014 from Capgemini and RBC Wealth ManagementCapgemini
The World Wealth Report 2014 from Capgemini and RBC Wealth Management is the industry’s leading benchmark for tracking high net worth individuals (HNWIs), their wealth, and the global and economic conditions that drive change in the Wealth Management industry. Based on survey responses from more than 4,500 HNWIs, the World Wealth Report 2014 features the Global HNW Insights Survey, the industry’s most in-depth global research on HNWI preferences and behaviors.
How to compete in tumultuous times and operate in complexityDavid Graham
The current operating environment in which today’s leaders’ navigate is characterized by uncertainty and rapid change, with the growing influence of technology impacting business decision and organisational behaviour
This international marketing plan seeks to identify and evaluate the best foreign markets for TJ’s by selecting market indicators that are potentially impactful on consumer acceptance of TJ’s and its unique culture and brand
by Francis Ukpolo and Kerry Andrews
Welcome to my website, thank you for visiting. I started this website so that I can share my experiences of business with you, this is an opportunity to give a helping hand to any businessman or woman who is interested in setting up a business.
Many people want to have a good life and good money but could not, my plan is to help them with my experiences and expertise in restaurant, hotel, catering services and healthy food. This includes business management, industry business development, how to save your business and setting up your own personal business. Let me show you how to start the right way and the steps you need to become a professional businessman or woman from A to Z
TCI /MOC Asian Chapter Summer Conference 2022: Michael Enright '2026 and the ...TCI Network
EVENT: TCI /MOC Asian Chapter Summer Conference 2022.
ORGANIZERS: TCI Network, Microeconomics of Compettitiveness (MOC) from Harvard Business School, and Industrial Technology Research Institute (ITRI ).
TOPIC: 2026 and the Future of Collaboration.
KEY SPEAKER: Professor Michael Enright, Northeastern University, Founder and Member Board of Advisors, TCI Network.
DATE: 1st July 2022
CHAPTER: Asia
02 - La Stratégie de Spécialisation Intelligente : Vecteur de Croissance des ...Mohamed Larbi BEN YOUNES
La Stratégie de Spécialisation Intelligente : Vecteur de Croissance des Régions / Strategy for Smart Specialisation : A Growth Driver for Regions
Ms. Karen MCGUIRE, Directorate for Governance and Territorial Development, Organisation for Economic Cooperation and Development (OECD)
Séminaire sur la Stratégie de Spécialisation Intelligente / S3 organisé par l'ANPR avec le support de l'UE les 17 et 18 mai 2016 à Hammamet.
Harnessing Science and Technology: Reviving the Philippine Manufacturing SectorNEDAhq
Keynote address of Socioeconomic Planning Secretary and NEDA Director-General Arsenio M. Balisacan during the 35th Annual Scientific Meeting of the National Academy of Science and Technology (NAST), Manila Hotel,10 July 2013
[GE Innovation Forum 2015] The Future of Work in Korea by Marco AnnunziataGE코리아
[GE Innovation Forum 2015] The Future of Work in Korea by Marco Annunziata
'산업과 일의 미래 – 한국’보고서
GE수석이코노미스트 마르코 아눈지아타
The Paper of ‘The Future of Work in Korea’
by Marco Annunziata, GE Chief Economist
GE코리아 뉴스레터를 구독하세요! http://goo.gl/IE8WS8
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상상을 현실로 만듭니다. Imagination at work.
GE가 꿈꾸는 가치입니다. 아니, GE는 단지 꿈만 꾸고 있는 것이 아닙니다. 상상을 현실로 만들기 위해, 불가능했던 것을 가능하게 만들기 위해 쉬지 않고 움직이고 있습니다. GE는 에너지, 의료, 항공, 수송, 금융 등의 여러 분야에서 고객과 인류사회의 진보를 위해 더 편리하고 빠르며 친환경적인 솔루션을 찾아냅니다.
Connect with GE Online:
GE코리아 웹사이트: http://www.ge.com/kr/
GE리포트코리아: http://www.gereports.kr/
GE코리아 페이스북 페이지: hhttps://www.facebook.com/GEKorea
GE코리아 슬라이드쉐어: http://www.slideshare.net/GEKorea
This survey seeks to understand some of the key priorities for manufacturers as well as their strategies for growth, specifically with respect to capabilities, physical resources and human capital.
Innovation GE Global Innovation Barometer 2018 - Summary ReportPatrick Barrabé® 😊
Emerging Players : New Actors Driving Innovation, Emerging Confidence, Working in a Protectionist World
Emerging Technologies : The Potential of Additive, Maximizing the Return on Innovation (ROI), Hype vs. Reality of Impact
Emerging Challenges : Future of Work, More Challenging Environment
GE Reports recently released its 2018 Global Innovation Barometer, gauging the state of innovation around the world. The report is based on responses from 2,090 executives in 20 countries.
Among the key findings: a shift from small businesses to large multinationals as drivers of innovation; confidence in the transformative power of lower-profile technologies such as energy grids, virtual healthcare, and smart cities; concerns about the skills gap; and optimism about the potential of 3D printing.
A majority of respondents found protectionist policies beneficial, and results show Japan and China taking on a greater leadership role as champions of innovation.
Tunisian Minister of Foreign Affairs and Former Head of the UN Commission on...Wesley Schwalje
A key challenge to knowledge-based economic development faced by Arab countries is weak innovation systems. We are honored to have had our research on Arab innovation systems cited by Dr. Mongi Hamdi, former Head, Science, Technology, and ICT at UNCTAD and Head of the Secretariat of the United Nations Commission on Science and Technology for Development (now Tunisian Minister of Foreign Affairs) in his address to the Arab Forum for Scientific Research and Sustainable Development.
Innovation ecosystem potential & performance in Africa (abstract)Mondher Khanfir
While Innovation ecosystem is embedded into manufacturing Industry in developped countries, it's rather based on startups ecosystem in Africa. To measure innovation potential, and from there the overall performance, requires a specific methodology and scoring model. This is the rationale of this research work, that reveales not only the African Startups Ecosytems ranking, but also proposes an assesment tool for innovation public policy. A case study on Tunisia is given as illustration in this report.
Trends in Global Medical Device OEM Strategies and Issues for the Medical Dev...Tony Freeman
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Improving profitability for small businessBen Wann
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As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
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RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
2. The start of another Golden Age?
• For 500 years, the Middle East was the most technically advanced
region of the world
• The scientific revolution of the 16th century saw the start of Western
dominance
• In the 21st century, the Middle East is again investing in innovation
and research
• The start of another golden age?
3. Global investment in R&D is increasing
• R&D is seen as a source of competitive advantage
• Investment in R&D continues to increase, despite cuts elsewhere
• Nearly a quarter of businesses aim to increase their investment in R&D
by 25% or more
• Businesses want to diversify their R&D investments around the world
What change have you made to your firm’s overall levels of R&D investment in the past three years?
4. The Middle East – why now?
• Having invested heavily in India and China, businesses are looking further afield
• An historic lack of investment means there is plenty of room for growth
• A youthful demographic, well-placed to enter the job market
Over the next three years, what change do you expect to your company’s level of R&D investment in the
following regions? (All respondents)
5. What makes the Middle East so attractive?
• A prime location, mid-way between Europe and Asia
• A world-class, modern infrastructure in places such as Abu Dhabi
• A local market in its own right: 444m inhabitants and a GDP per capita of
US$10,000
Projected real GDP
growth rate in 2012
Source: IMF
6. Why the Middle East needs R&D
• Middle East countries are heavily reliant on finite gas and oil reserves
• A fast-growing and youthful population will need jobs
• Diversification is essential for long-term economic prosperity
• The transition to a knowledge-based economy is key to successful diversification
Which of the following forces do you think will play the most significant role in driving the uptake of R&D
in the Middle East?
Economic pressures (eg, the need
43 %
for diversification)
Competitive pressures (eg,
24 %
outperforming regional rivals)
Environmental pressures (eg, water
17 %
shortages and climate change)
Social pressures (eg, meeting the
17 %
needs of citizens)
7. How the market is growing
• Between 2012 and 2015, the population will grow by an annual average of around 4.9%
• Sales of consumer goods will grow above the global average for the next four years
• Spending per capita on healthcare will grow by 40% between now and 2015
Regional retail markets (retail sales; US$ trn unless otherwise indicated)
Region 2011 2012 2013 2014 2015
North America 3.99 4.16 4.33 4.54 4.76
% change, year on year (volume) 2.8% 2.1% 2% 2.1% 2.1%
Western Europe 2.59 2.58 2.62 2.67 2.79
% change, year on year (volume) 0.1% 0.9% 1.1% 1.1% 1.4%
Transition economies 1 1.11 1.24 1.37 1.53
% change, year on year (volume) 3.8% 4.2% 5.1% 4.8% 4.8%
Asia and Australasia 6.31 7.09 7.99 8.99 10.09
% change, year on year (volume) 6% 7% 6.1% 6.1% 6.5%
Middle East and Africa 0.43 0.46 0.5 0.55 0.6
% change, year on year (volume) 4.8% 4.9% 5% 4.7% 4.8%
World 15.37 16.53 17.87 19.38 21.12
% change, year on year (volume) 3.5% 3.9% 3.8% 3.8% 4.1%
8. From market push to environment pull
• Most R&D currently focused on solving local market problems: “market push”
• Often related to meeting specific needs associated with differences in the climate,
consumer preferences and health needs
• By solving problems locally, innovations can be rolled out to the rest of the world
What have been the key reasons for your firm conducting R&D in the Middle East?
Overall importance of local market for our firm 45 %
Desire to tap into local talent 31 %
To localise/adapt our products/services to local markets 29 %
Desire to join a growing R&D ecosystem in our sector 23 %
To access government/financial incentives 21 %
To build closer partnerships with local firms 9%
It is a key centre of R&D within our industry 3%
Other, please specify 1%
Not applicable, we have not yet set up an R&D centre there 11 %
9. Centres of excellence
R&D investment is taking place in key areas:
• Dealing with water scarcity, desalination and developing drought-resistant crops
• Alternative energy (particularly solar)
• Biotechnology and life sciences (particularly into problems, such as diabetes, that are
prevalent in the region)
Which of the following sectors do you think are most closely associated with R&D investment in the Middle East?
Agriculture & water 34 %
Alternative energy & cleantech 38 %
Biotechnology, pharmaceuticals & life sciences 40 %
Consumer goods 18 %
Design & construction 19 %
Electronics and electrical engineering 18 %
Information technology 20 %
Technology: medical and optical instruments 6%
Technology: nanotechnology, robotics 3%
Technology: semiconductors 7%
Technology: other hi-tech 8%
Telecommunications 8%
Other, please specify 7%
None of the above 2 %
10. From “market push” to “environment pull”?
Will companies be attracted to the region first and foremost by a desire to access
local skills and resources, and to operate in an environment and infrastructure that
is regarded globally as best-in-class?
Still early days…
R&D investment in the Middle East is historically small – less than 0.3% of GDP
OECD countries invest an average of 2.26% of GDP in R&D
But important progress is being made…
Saudi Arabia, Qatar and UAE are all now investing heavily in R&D
Qatar is investing 2.8% of GDP in R&D
11. The role of government
• Governments in the region play an active role in setting economic and industrial policy
• There is an “alignment between having the vision and the resources to achieve it”
• Approximately 97% of R&D investment in the Middle East comes from government
• Sentiment among respondents that reduced government participation would allow the
private sector to innovate more effectively
To what extent do you agree or disagree with the following statements?
12. The importance of the private sector
“Governments have been forced to shoulder the responsibility of investment
and job creation for too long. The private sector now needs to be
encouraged to invest more and I think this will come down to SMEs. The
best innovations take place in entrepreneur-led businesses, not in
governments or big corporations. You need somebody who’s willing to test a
new business model, and that’s often an entrepreneur.”
Tom Speechley, senior partner, Abraaj Capital
13. Encouraging inward investment
GCC governments are starting to:
• Strengthen intellectual property rights
• Improve patent protection
• Establish free zones to enable 100% foreign ownership
“It’s more difficult than it should be to invest and sell across the region. If governments
can bring down the barriers to the movement of people, goods, capital and ideas, then
private sector companies are likely to invest more.”
Tom Speechley, senior partner, Abraaj Capital
14. Investment in education
The quality and availability of engineering and science skills is seen as the key challenge
that hinders progress on innovation. Shortage of management skills also seen as an issue.
Within your firm’s R&D centre(s) in the Middle East, what are the key internal innovation challenges
that hinder progress?
Quality/availability of key engineering/science skills 50 %
Quality/availability of key management/leadership skills 41 %
Fostering a culture of innovation 33 %
Implementing appropriate rewards and incentives 23 %
Limited funds and/or resources 21 %
Fostering effective collaboration between local researchers and their peers globally 19 %
Allocating projects to local researchers that are sufficiently appealing, relative to our global
11 %
research efforts
Fostering effective collaboration between local researchers and other stakeholders in our
10 %
innovation ecosystem (eg, partners, universities)
Other, please specify 0%
Not applicable, we have not yet set up an R&D centre there 13 %
15. Governments in the region are focusing
on education
• In Saudi Arabia, the number of universities has increased from 8 to 24 since 2003
• UAE has created nearly 100 new universities in two decades
Major universities in the region include:
• Princess Noura Bin Abdul Rahman University,
Riyadh, Saudi Arabia
• Education City, Qatar
• Khalifa University of Science, Technology and
Research, UAE
• Masdar Institute of Science and Technology, UAE
• NYU Abu Dhabi, UAE
• King Abdullah University of Science and
Technology (KAUST), KSA
• The Columbia University Middle East Research
Center (CUMERC), Jordan
16. Boosting the attractiveness of the Middle East
Four key actions that will boost the region’s attractiveness for R&D investment:
• Improved education system and/or standards
• Increased number of graduates with advanced degrees
• Closer links between academics and business
• Increased investment incentives
In your view, which of the following actions would do most in order to boost the investment attractiveness
of the MENA region for your firm, in terms of its R&D?
Quality/availability of key engineering/science skills 50 %
Quality/availability of key management/leadership skills 41 %
Fostering a culture of innovation 33 %
Implementing appropriate rewards and incentives 23 %
Limited funds and/or resources 21 %
Fostering effective collaboration between local researchers and their peers globally 19 %
11 %
Allocating projects to local researchers that are sufficiently appealing, relative to our global research efforts
10 %
Fostering effective collaboration between local researchers and other stakeholders in our innovation ecosystem
Other, please specify 0%
13 %
Not applicable, we have not yet set up an R&D centre there
17. Improving investment in research
“There’s certainly investment in individual universities, but rarely a nationwide
investment structure. What we need is a competitive environment where
professors are forced to compete with each other. This will stimulate research and
lead to improved outcomes across the educational system as a whole.”
Peter Heath, chancellor of the
American University of Sharjah in the UAE
18. Technology Transfer
• Many Middle East graduates take job opportunities overseas
• Reversing this brain drain is a key policy goal
• Partnerships with the private sector are becoming increasingly important
• There needs to be a focus on commercialising research
19. King Abdulaziz City for Science and
Technology and IBM
• KACST in Saudi Arabia has formed a partnership with IBM
• KACST researchers have placements at IBM research labs
• IBM employees have year-long assignments at KACST
• KACST benefits from IBM’s research and innovation skills
20. Clusters and ecosystems
• Middle East government are investing in new research clusters
• To succeed, it is essential to attract researchers, businesses and funding
• 68% of respondents think the Middle East has potential to create world-class ecosystems
Which of the following statements best captures your view of R&D ecosystems in the Middle East
over the three years?
The Middle East already hosts world-class R&D ecosystems and will
12%
continue to do so
The Middle East has major potential to operate world-class R&D
31%
ecosystems, but some improvements are still required
The Middle East has major potential to operate world-class R&D
25%
ecosystems, but significant improvements are still required
The Middle East has moderate potential to operate R&D ecosystems in
19%
this timeframe
The Middle East has limited potential for establishing R&D ecosystems
12%
in this timeframe
Don’t know 1%
21. Conclusion 1 2 3 4 5
Not there yet…
• International R&D investment in the Middle East
remains at an early stage
• A lack of managerial and technical skills is a barrier to
further international investment
• Only a small portion of GDP is spent on R&D
• Few patents originate from the region, particularly in
comparison with North America or China
22. Conclusion 1 2 3 4 5
Local barriers remain
“The greatest challenge in building a strong R&D environment in the Middle East is
the unwillingness of local investors to take risks on new ventures.”
Wyatt Hume, provost of UAE University
23. Conclusion 1 2 3 4 5
Investment in education will make region more attractive
“There is a realisation that graduate education is
becoming more and more important.”
Timothy Dalton, program manager of the nano-science
and technology partnership at IBM Research
24. Conclusion 1 2 3 4 5
Incentives for multinationals to invest in the region
• Countries are cutting red tape
• Substantial investment in R&D infrastructure
• Strong focus on sectors such as biotech and agriculture
• Several centres of excellence are emerging
25. Conclusion 1 2 3 4 5
The region is developing
• Significant investment in education and skills, although will take time to
bear fruit
• Willingness to partner with multinationals
• Opportunities available in specific sectors, such as solar power
• Strong government backing for becoming a world class centre for R&D
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