By Entrepreneur Middle East
At the Arab Innovation Forum 2018, Khalil Haddad, Director of Strategy and Development at Dubai Chamber of Commerce & Industry, discusses his thoughts on fostering innovation in the UAE. Noting how innovation can have different implications, Haddad says it’s important to first look at how it starts with understanding individuals and society’s basic needs, taking in the example of how startups such as Uber and Airbnb started by solving basic and simple problems. “When we start building a culture of innovation, we need to start promoting that idea- that innovation starts by solving basic needs. When you start solving the basic needs, you can come [up] with really good out of the box ideas that solve [problems] and improve the average person’s lives.” says Haddad.
As for the key challenge in bringing forth innovation in the UAE, Haddad points to “having the right people”, in terms of access to talent and skilled workforce, plus retention and talent development rate.