Innovation describes the path from an idea to social or monetary benefit – in effect it encompasses the entire process involved in taking an original idea, improving it, and then developing it into a business – not necessarily commercial.
Based on this concept, in 2014 His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, launched a National Innovation Strategy with a seven year plan that aims to make the UAE among the most innovative nations in the world.
The objective of the National Innovation Strategy is to stimulate innovation in seven sectors where innovation plays an essential and integral role in achieving each sector’s key strategic objectives.
These seven sectors are:
- Renewable energy
The Strategy indicates the importance of Space as a key element in building an advanced high-tech based future for the UAE.
It is important to note that the exploration of Space plays, and will continue to play, a remarkable role in the other six strategic sectors identified in the National Innovation Strategy. That’s why in 2014 the UAE announced an ambitious directive to ignite Space innovation by sending a UAE probe to Mars by 2021— the 50th anniversary of the founding of the United Arab Emirates.