$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

UAE Entrepreneurial Innovative System

tag 1 Download5 Pages 1,045 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT


Discuss about the UAE Entrepreneurial Innovative System.




Entrepreneurship is the process of identifying, designing and launching new business ideas to start a business enterprise (Drucker, 2014). On the other hand, innovation means coming up with new ideas to improve something which is already existing (Goldberg, 2013).Therefore, UAE’s Entrepreneurial Innovative system refers to the act of developing new strategies, ideas, and business activities to supplement the pre-existing businesses in UAE. The government, national institutions, firm capabilities and their behaviors play vital roles to ensure that nationwide and the global economy is improved.

The Role of Government Policy

Providing legislative framework: The UAE government is providing a legal and transparent framework for the businesses in the UAE to facilitate smooth trading in the region (Gebba, 2014). It ensures fairness in local companies as well as statutory or government-linked corporations. There are no restrictions and hindering policies for the firms. This makes the efficient running of businesses which improves the economy.

Setting up national development strategies: These are plans formulated by the UAE government to accomplish certain goals in future. Strategies such as UAE Vision 2021, Abu Dhabi Vision 2030 and Dubai plan 2021 have been set to enable businesses to work towards achieving the visions and plans set. These strategies will help in building up the national and global economies.

Investing in manpower and infrastructure: The UAE government is determined in making better transport, communication, electricity and internet facilities in the region so as to ease work and cost of production of goods and services. Through this activity, companies will be able to expand and set up newer branches due to more profits generated; the government will receive more revenue in the form of tax, subscription, and registration of firms.

Providing a stable environment for businesses: The government of UAE provides a conducive environment for businesses to operate. It is ensuring free-market economy in Dubai with limited regulations, and this gives both local and foreign traders several financial choices. Moreover, subsidies like interest-free government loans, subsidized energy and capital injections have been imposed to facilitate the proper running of businesses (Raboy, Basher, Hossain & Kaitibie, 2013).

National Institutions

Teamwork and inspiration: National institutions such as schools and universities enhance group work and inspire students. These elements make the students better employees when they complete schools. Such workers will be competent in the workplace making business to perform towards their goals which are a recommended work in improving the economy.

Information dissemination: the national institutions are centers of information. They are used to distribute relevant information useful in economic development.

Health and security: Health centers such as Al Corniche Hospital as well as Abu Dhabi GHQ provide medication and security services respectively to residents of Abu Dhabi Emirates.


Firm Capabilities and Behavior

Invention and innovation: Firms in the UAE such as Information Systems Associates FZE in Sharjar which deals with technology, has over time discovers new and improved existing aviation software and devices.

Flexible response to economic challenges and problems: Ahmad & Saber (2015) explain that Deira and Al Satwa in Dubai are small firms which can adapt and change to evade problems in the economy. They can perform this action because they have a little chain or hierarchy of command.

Job growth and economic dynamism: Firms in the UAE create employment opportunities to individuals. As a result, there are improved standards of living which pave a way to improve the economy.

The Role of Entrepreneurship in the Development of the National and Global Economy.

Entrepreneurs can perform the following functions towards economy; contribution to the national income such as GDP and GNP, the formation of new businesses. Furthermore, they can create of social change and community developments which are done through community projects and financial aid to society charities (Morris, Neumeyer & Kuratko, 2015). From the national and global perspective entrepreneurs play very critical role. Bearing in mind that they come up with ideas of initiating the business the help in the utilization of the available resources. In return the aggregate employment level in the economy increases whereby the idle resources are put into use and the individuals are employed to work in the firms and industries as the source of labor.  

Influence of Key Factors in Entrepreneurship

Entrepreneurship is controlled by several factors such as the absence of the patent, copyright and infringement rights, cultural factors, availability of resources for the business, sources of funds, entrepreneur’s skills, abilities, creativity, knowledge and psychological orientations (Carland & Carland, 2015). These are fundamental factors in determining the success of the entrepreneurial idea. This is because an entrepreneur despite how his her idea is great without this factors it may remain unrealizable dream as unachievable goal. Therefore, whether an idea for the startup of the small business or expansion of the existing business an entrepreneur should ensure that the discussed factors in this paper have been put into consideration.


Government policies, national institutions and firm capabilities in the United Arab Emirates perform recommendable roles in developing the economy at national and worldwide levels. Entrepreneurship also has its rules which it undertakes in the process of building the economy. However, there are some factors which entrepreneurs have to outshine them to make sure that entrepreneurship process is achieved.



Ahmad, S. Z., & Saber, H. (2015). Understanding marketing strategies with particular reference to

Small-and medium-sized hotel businesses in the United Arab Emirates. Tourism and Hospitality Research, 1467358414567799. 

Carland, J. W., & Carland, J. C. (2015). A model of potential entrepreneurship: Profiles and Educational implications. Journal of Small Business Strategy, 8(1), 1-14. 

Drucker, P. (2014). Innovation and entrepreneurship. Routledge. 

Gebba, T. R. (2014). The Role of Governance in Planning and Implementing Knowledge Management

Strategy in the UAE: The Case of RTA. International Journal of Business Research and Development (IJBRD), 2(4). 

Goldberg, D. E. (2013). The design of innovation: Lessons from and for competent genetic algorithms

 (Vol. 7). Springer Science & Business Media. 

Morris, M. H., Neumeyer, X., & Kuratko, D. F. (2015). A portfolio perspective on entrepreneurship

 And economic development. Small Business Economics, 45(4), 713-728. 

Raboy, D. G., Basher, S. A., Hossain, I., & Kaitibie, S. (2013). More Efficient Production Subsidies for Emerging Agriculture in Arab Micro-States: A Conceptual Model. Review of Middle East Economics and Finance, 9(3), 293-319.



Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). UAE Entrepreneurial Innovative System. Retrieved from

"UAE Entrepreneurial Innovative System." My Assignment Help, 2018,

My Assignment Help (2018) UAE Entrepreneurial Innovative System [Online]. Available from:
[Accessed 25 January 2020].

My Assignment Help. 'UAE Entrepreneurial Innovative System' (My Assignment Help, 2018) <> accessed 25 January 2020.

My Assignment Help. UAE Entrepreneurial Innovative System [Internet]. My Assignment Help. 2018 [cited 25 January 2020]. Available from: delivers assignment help to millions of students of USA. We have in-house teams of assignment writers who are experts on wide ranges of subjects. We have appointed teams of native writers who provide assignment help to students in New York City and all over the USA. They are skilled assignment writers who successfully cater to search terms like do my assignment in the USA

Latest Marketing Samples

MRKT20052 Management And Digital Communications Marketing

Download : 0 | Pages : 4
  • Course Code: MRKT20052
  • University: Central Queensland University
  • Country: Australia

Question: Introduction Natural evolution is the organic food and beauty products selling company in Walkamin, Australia. It supplies raw food products and ready to launch new products in the market. The company has some opportunities and some threats which will be analysed in the presentation. In this report, the structure and design of the company is focused upon for the purpose of  organisational analysis. The overall performance of the...

Read More arrow

MMK739-Brand Report And Presentation

Download : 0 | Pages : 11
  • Course Code: MMK739
  • University: Deakin Business School
  • Country: Australia

Answer: Introduction The brand name of a company can be stated to have a life of its own and has a profound impact on the performance of an organization. The primary aim of the given report is to identify a brand problem associated with the chosen company Telstra and use the Keller’s model available in order to ensure that the company can solve the problems associated. Certain recommendations for the same will also be provided. Brand I...

Read More arrow Tags: Australia Mount Cotton Management Humanities University of New South Wales 

BUS106-Consumer Behaviour Analysis

Download : 0 | Pages : 4

Answer: Chosen Product: iPhone 1.Identification and analysis of the needs to buy the chosen product: The modern generation has the urge to be more gadget friendly. With every passing day, more gadgets powered by advanced technology are being launched to give a more user-friendly experience. Some of the reasons for the needs to buy an iPhone are: IPhone unlike many other Android phones has a very efficient and high-resolution camera, which c...

Read More arrow

HC2022 Market Research Exploring Marketing

Download : 0 | Pages : 5

Answer: Introduction (Source: Hair & Lukas, 2014) Marketing research is the process of ascertaining and assessing the viability of a new service or a good through extensive research conducted by getting in direct touch with the customers. The practice allows the company to discover more insights about the consumers, their opinion and their views, which helps in delivering the desired product to the customers (Malhotra & Peterson, 201...

Read More arrow

MKG721 Food Marketing Rubric

Download : 0 | Pages : 6

Answer: Introduction Energy drinks are one of the emerging commodities in the world that are having a very high rate of growth in their market. People in the world are shifting from the consumption of carbonated drinks to taking more healthy drinks. This has enabled the energy drinks market of energy drinks to be increased at a very high rate. The products have translated from being a niche commodity to a fast growing in the drinks markets. T...

Read More arrow

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 4/5

2594 Order Completed

95% Response Time

Michael Johnson

Masters of MSc in Economics

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 4/5

248 Order Completed

100% Response Time

Lloyd Bernabe

MSc in Accounting

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

203 Order Completed

97% Response Time

Richard Alpert

PhD in Psychology

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

752 Order Completed

100% Response Time

Hugh Cleave

Masters in Human Resource Management (MMgt, HRM)

Wellington, New Zealand

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

well down this was my first time using this service i was stressing a lot but was happy with the work done my the experts


User Id: 367685 - 25 Jan 2020


student rating student rating student rating student rating student rating

Amazing job. Thank you expert! Amazing job. Thank you expert! Amazing job. Thank you expert! Amazing job. Thank you expert! Amazing job. Thank you expert! Amazing job. Thank you expert!


User Id: 114483 - 25 Jan 2020


student rating student rating student rating student rating student rating

Even requesting more than 4 times adjusted in the first information topic shared. Every time send me the same piece of paper with descriptive things and Zero analyses. Take into account that most of the information was not extracted from the main sou...


User Id: 181118 - 25 Jan 2020


student rating student rating student rating student rating student rating

I am very pleased with my grade my paper was written very well. I will most definitely be using this company again to write another paper for me.


User Id: 348921 - 25 Jan 2020


student rating student rating student rating student rating student rating
callback request mobile
Have any Query?