Abu Dhabi: More than 200 public officials and entrepreneurs got a glimpse of how a culture of innovation can result in economic success for the UAE during the first two-day Abu Dhabi Innovation Forum 2010.


The forum, starting MOnday and ending on Tuesday, is presented by the Abu Dhabi University and Khalifa Fund for Enterprise Development — an entity established to support and develop small, medium and developed enterprises in Abu Dhabi.

It was created to address the objectives of Abu Dhabi Economic Vision 2030, which calls for incorporating innovation into all economic sectors.

In his speech, Abdullah Al Ahbabi, assistant secretary general of the General Secretariat at the Abu Dhabi Executive Council, highlighted four features for a successful knowledge-based economy, which include the need to establish an economic and institutional regime that provides incentives for the efficient creation, dissemination and use of existing knowledge.


"Through the Abu Dhabi Innovation Forum, we are provided with proven innovations from international speakers and company breakthroughs by which all sectors in the UAE can emulate and radically transform their business outlook in the future," he said.