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1 min read • Strategy

Innovation for economic diversification – experience from the Middle East

The Middle East’s reliance on oil for its wealth can hardly be overstressed. Diversification for the region is a highly desirable aim, but how can it be achieved? One key requirement is innovation, which is why governments in the region have launched different initiatives to foster innovation, with varying levels of success.

1 min read • Strategy

Innovation for economic diversification – experience from the Middle East

The Middle East’s reliance on oil for its wealth can hardly be overstressed. Diversification for the region is a highly desirable aim, but how can it be achieved? One key requirement is innovation, which is why governments in the region have launched different initiatives to foster innovation, with varying levels of success.