UAE comes first in MENA innovation index

Dubai telco du hosts Global Innovation Index 2014 launch conference

Tags: Emirates Integrated Telecommunications Company INSEAD (www.insead.edu)InnovationUnited Arab Emirates
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UAE comes first in MENA innovation index Lanvin: "All the things which this part of the world is famous for such as mathematics, algebra and astronomy need to be revived."
By  Helen Gaskell Published  July 21, 2014

The UAE ranked first for overall performance in the MENA rankings of the Global Innovation Index (GII) 2014, it was announced today.

The Global Innovation Index 2014 launch conference, which was hosted by du also revealed that out of 143 countries, Switzerland remains at the top position globally for innovation and the UAE are in 36th place.

Speaking at the launch, about why the UAE is at these positions, Professor Bruno Lanvin, executive director, INSEAD Competitiveness Index said: "The nature of innovation has to be rooted in each country not from anywhere else. All the things which this part of the world is famous for such as mathematics, algebra and astronomy need to be revived as these things don't just go away on a whim. The fact that infrastructure is so well developed here shows that this part of the world has a number of things to share in innovation however the internet is still a place where less than 2% of content is in Arabic, this should not be the case. We need more Arabic text, Arabic books and Arabic poetry on the internet."

The GII, which is released annually, generally reports the same top ten and top 25 countries which according to Lanvin makes them very hard for the UAE to get into. This year the top ten includes the UK at number two followed by Sweden, Finland, Netherlands, USA, Singapore, Denmark, Luxembourg and Hong Kong.

Other reasons for the UAE's global ranking were discussed on the panel which comprised of Osman Sultan, CEO, du; Rafael Reynoso, GII lead researcher, Cornell University; and Najeeb Al Ali, executive director, Emirates Competitiveness Council, were that the UAE is still a very young country compared with others in the report and it also has 70% less businesses per capita than Europe. 

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