dr. john meewella, starttaamo 23.4.2012
DESCRIPTION
Dr. John Meewella's presentation about UAE and Dubai startup life, setting up OEC, and possibilities of setting up business in the Gulf Region at Starttaamo 23.4.2012TRANSCRIPT
Dr. John Isaac Graham Meewella PhD DBA MBA MMgt MCom MArts MPol PGD.HRM.IR BIS.Com ADip.Acc TAA
Associate Professor, Entrepreneurship &Management, Oulu Business School, Oulu University, Finland
Managing Director, International Expansions, Oulu Business School, Oulu University, Finland
Professor Entrepreneurship, Int’l Business, & Supply Chain Mgt, Oulu University of Applied Sciences, Finland
Managing Director, Oulu Entrepreneurship Center (OEC), Finland;
Founder-Director, Aspire Solutions Group, Australia-UAE-Sri Lanka-Japan
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John is currently serving at the Oulu Business School, Finland as: Associate Professor of Entrepreneurship-Management,
Managing Director of internationalization initiatives in the GCC-MENA region, Managing Director of the Oulu
Entrepreneurship Center; Professor of Entrepreneurship, International Business, Supply Chain Management & Foreign Trade
Practices at Oulu University of Applied Sciences; Review Team for journals: IJTE, IJBEX & WREMSD; Board of
Management for Graduate School of Management and serves on several corporate Boards of Directors. Prior to moving to
Finland, he served as the Managing Director, Emirates Center for Innovation & Entrepreneurship (ECIE) at the UAE
University where he was responsible for the overall strategic, innovative and entrepreneurial directions of a government
initiative in promoting creativity, innovation & entrepreneurship. As a token of appreciation of John’s contribution to
entrepreneurial developments in the UAE, he was awarded the “Most cooperating-supporting individual” status by HH
Sheikh Mohamed (Dubai) during 2008-2009 Mwarid Finance, Tamaiaz Entrepreneurial Challenge and Akoun
Entrepreneurial Award by Abu Dhabi Council for Economic Development in 2010. John is the Founding Director of Aspire
Solutions Group – a social entrepreneurial consulting group based in Australia, Finland, Japan, Sri Lanka and UAE. His
previous qualifications from Harvard Business School, Australian Graduate School of Entrepreneurship, Melbourne
University, Monash University, Swinburne University and Deakin University include multiple Executive Leadership and
Development Programs, PhD/DBA specialising in Management and Strategic Global Entrepreneurship, six Masters level
degrees and several Bachelor/Diploma level qualifications. John is currently pursuing his third doctoral study in Finland
specialising in female-international entrepreneurship and leading multiple entrepreneurial projects globally.
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Entrepreneurship in the Middle East: Emirates Center for Innovation & Entrepreneurship (ECIE) experiences
OEC, Oulu Entrepreneurship Center was founded in 2011 to network students from
different faculties and Universities together. The main idea is to provide
entrepreneurship support for someone who is thinking about starting a business and/or
working for a company in an entrepreneurial or intrapreneurial manner.
We have access to a large local and international business network and specialize in
entrepreneurial start-up exploration and exploitation. OEC attempts to contribute
towards an Oulu based entrepreneurial eco-system in fostering high-tech innovative
born-global start-ups. As a summary, within OEC, we aim to be contributing to that gap
of connecting and collaborating with entrepreneurial community in creating real life
projects.
www.oecfinland.com
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Essence of
Entrepreneurship
How do
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Arab Region
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MENA Region
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GCC Region
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P.O. BOX 4600, 90014 University of Oulu • tel. (08) 553 2905, fax (08) 553 2906 • www.oulubusinessschool.fi
P.O. BOX 4600, 90014 University of Oulu • tel. (08) 553 2905, fax (08) 553 2906 • www.oulubusinessschool.fi
P.O. BOX 4600, 90014 University of Oulu • tel. (08) 553 2905, fax (08) 553 2906 • www.oulubusinessschool.fi
2. Emerging entrepreneurial streams & Gulf region
Reducing Volatility Through Diversification
Expanding the contribution of non-oil export oriented sectors crucial to decouple GDP growth from oil price
Abu Dhabi will stimulate non-oil sector, rather than reduce activity in oil sector
Private sector has key role to play in the Emirate’s diversification strategy
The World … • http://www.youtube.com/watch?v=7eUcRjo9Yv4
ECIE 17
The World …
• http://www.youtube.com/watch?v=7eUcRjo9Yv4
ECIE 18
ntrepreneurship E &
E mirates
for
C nnovation I
enter
ECIE 20
21 ECIE
22 ECIE
Yamin-Sandhu-Meewella 2009 (c) 23
Yamin-Sandhu-Meewella 2009 (c) 24
Abu Dhabi Water & Electricity Authority (ADWEA) H.E. Ahmed Saif Al Darmaki (CEO)
Dr. Mohamed Baka (ECIE Chairman)
United Arab Emirates University (UAEU) H.E. Abdulla Khanbashi (Vice Chancellor)
Dr. Fatima Al Shamsi (Secretary General )
Prof. David Graf (Dean of CBE) ECIE managed by CBE, throughout UAE University
Khalifa Fund to develop SMEs Dr. Ahmed Khalil Al Mutawa (CEO)
Mr. Nizar Cheniour (Director EDD)
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o Vision & Mission
o Values
o Phases of Certificate
o Selection process
o Entrepreneurship?
o Entrepreneur Anatomy
o COE timeline
o COE schedule 26
o Partners
o Values
o Phases of Certificate
o Selection process
o Entrepreneurship?
o Entrepreneur Anatomy
o COE timeline
o COE schedule
ECIE aims to foster within the UAE society an
Entrepreneurial Spirit
that contributes to the creation of knowledge-based economy and to the
realization of the nation’s aspirations for progress and prosperity.
We are determined to enhance Entrepreneurial Activities
Throughout the UAE University by nurturing
Entrepreneurial Talents
and to support Emiratization programs across the UAE
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Accepting and Helping Each Other
o Partners
o Vision & Mission
o Phases of Certificate
o Selection process
o Entrepreneurship?
o Entrepreneur Anatomy
o COE timeline
o COE schedule
Emirati Traditions and Innovative Vision
Charismatic Leading by Example
Upholding UAE Values
Developing Behaviors of Competency and Dedication
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o Partners
o Vision & Mission
o Values
o Phases of Certificate
o Selection process
o Entrepreneur Anatomy
o COE timeline
o COE schedule
You see things and you say why?
An entrepreneur dreams things that never were and says
why not?
Entrepreneurial Behaviors
Dreaming of things that do not yet exist
Bringing them into creation
Gaining market acceptance
{Shaw 1922 as cited in Gaglio 2004, p. 533}
Entrepreneurship ~ 4th pillar of economic development in
addition to land, labor and capital
Entrepreneurship ~ the most powerful economic force
known to mankind! The ‘Entrepreneurial Revolution’
{Kuratko & Hodgetts 2004}
What is Entrepreneurship?
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o Partners
o Vision & Mission
o Values
o Phases of Certificate
o Selection process
o Entrepreneurship?
o COE timeline
o COE schedule
Anatomy of an Entrepreneur
Source: University of Waterloo, Centre for Business, Entrepreneurship and Technology (CBET) 2008
)http://www.cbet.uwaterloo.ca/Prospective_Students/index.html( 30
Entrepreneurial Mindset
Source: The Economist 2008 “Searching for the Invisible Man”
(http://images.google.ae/imgres?imgurl=http://www.progressdaily.com/wp-
content/uploads/2006/06/entrepreneur.%2520gif.gif&imgrefurl=http://www.progressdaily.com/2006/06/page/2/&h=300&w=33
3&sz=53&hl=en&start=6&um=1&tbnid=t9lQX6gIqnHk_M:&tbnh=107&tbnw=119&prev=/images%3Fq%3DEntrepreneur%2Band%
2BInnovation%26um%3D1%26hl%3Den%26sa%3DN) 31 ECIE
Entrepreneurs – Main Motivators
Source: Oxford University, “Survey of High-Tech Entrepreneurs’ Main Motivations”, 2008
(http://www.1000ventures.com/business_guide/crosscuttings/entrepreneur_main.html) 32 ECIE
UAEU Graduate Employment Survey 2006-2007
UAEU
Self-employed (1%)
Unemployed (21%)
Working & studying (6%)
Working (72%)
ECIE 33
Entrepreneurship in Abu Dhabi: (Share of self-employed or employers in total employed)
Pillars
Emirate resource
optimisation
Complete
international and domestic
security
A significant and ongoing
contribution to the federation
of the UAE
Maintenance
of Abu Dhabi's values, culture and heritage
Premium
education, healthcare, and infrastructure
assets
Continuation of
strong and diverse
international relationships
Create a confident, secure society, and Build a sustainable, open and globally competitive economy
The creation of a
sustainable knowledge-
based economy
A large
empowered
private sector
An optimal transparent regulatory
environment
Abu Dhabi Vision
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ECIE 37
ECIE Organizational Structure
Patronage
Board
Managing Director
Assistant Director
Program & Curr. Head Innovation Lab Head
CBE CIT CFA CHSS COE COS CEDU CL SAL UGRU-CEC
FMHS
Industry growth &
Start –ups
Commercial
Feasibility
Pilot Project
Prototype
Concept
Development
Cert of Entrepre’p
COE
Business
Model & Plan
Networking
Comp.
Creativity &
Innovation
ECIE 38
ECIE Organizational Structure (Divisions)
Division Head
Innovation
Lab
Division
Industry growth &
Start –ups
Commercial
Feasibility
Pilot Project
Prototype
Concept
Development
UAEU Colleges
Multi-disciplinary
Program &
Curriculum
Division
Division Head
Cert of Entrepre’p
COE
Business
Planning
Networking Comp.
Soft skills
Creativity &
Innovation
UAEU Colleges
Multi-disciplinary
Student President
Female
Entrepreneurship
Club
Interns
Team
Leaders
Senior
Members
Members
UAEU Colleges
Multi-disciplinary
Innovation Labs Concept
ECIE 39
Creativity
Idea engineering process
Invention
Creating something new
Innovation
Developing the invention
Entrepreneurship
Commercializing the innovation
Role of Innovation Labs
Industry growth &
Start –ups Commercial
Feasibility
Pilot Project
Prototype
Concept
Development
ECIE 40
ECIE Innovation Labs (TBC)
Division Head
Innovation
Lab
Division
UAEU Colleges
Multi-disciplinary
Certificate of Entrepreneurship (COE)
dfd
Business Plan Competition: Report & Presentation
Funding Bodies
Business Incubation and Commercialization
Phase Three
Technical
Entrepreneurial
Competencies
Phase Two
Networking
Entrepreneurial
Competencies
Phase One
Creativity &
Innovation
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o Partners
o Vision & Mission
o Values
o Phases of Certificate
o Entrepreneurship?
o Entrepreneur Anatomy
o COE timeline
o COE schedule
Commercialization
Ent Fellow’p
Scheme
(EFS)
COE
Bus Model &
Bus Plan
Presentation & Report
Entrepreneurial
Funding
Bus Plan
Competition
Business Incubation
Interview
Registration
Application &
Interview
Entrepreneurial
Networking
Attend. & Notebook
Creativity &
Innovation
Attend. & Elev. Pitch
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ECIE 43
Goals
ECIE 44
Goals
Part I
• What is the Middle East? – Arab, MENA, Middle East, GCC, UAE, each Emirate geographic context
• Trading history, socio-cultural-religious characteristics, discovery of oil and implications
• Sheikh Zayed vision and UAE transformation from pearl diving, camels & to new UAE
• Economic crisis and impact
• Political context – Iran, Yemen, Algeria, Israel, Palestine, Lebanon, Syrea
45 ECIE
Part II
• Emirates Center for Innovation & Entrepreneurship (ECIE) establishment
– Abu Dhabi 2030 Vision
– Abu Dhabi government (ADWEA division)
– United Arab Emirates University
– Khalifa Fund
– Tawteen Council
– Certificate of Entrepreneurship (COE)
– ECIE Strategic partners and stakeholders
– …
46 ECIE
Part III Implications for future:
• Economic (monetary need based) vs political (privatization-Emiratization) – justifications of entrepreneurship
• Sovereign wealth funds, oil revenue, cash rich society – GDP per capita 2010 USD 53,212 adj. PPP, World Bank
– role of entrepreneurship
• HBB, Micro, SME – female entrepreneurship implications (80% of UAEU graduates)
– Emiratization/ Privatization dilemma (4%)
• Socio-cultural-religious context – male/female roles
– expatriate/local percentage
– religious liberalism/extremism
– tribal mentality vs united front: role of Abu Dhabi & Dubai's current context, Abu Dhabi 2030 vision … 47 ECIE
Part III …
• Alignment with President Barack Obama's Egypt talk – Egypt
– April conference
– recent initiatives of entrepreneurship as a proactive anti-terrorism tool • Young populations
• Unemployment, Emiratization
• Social-cultural & cultural transition associated issues (gangs,
• Globalization, weternisation, liberalization,
• Marginalization of Emiratis in their own country
• Youth unrest (economic, social, cultural, religious)
• Role of entrepreneurship … – Creativity, Innovation, Knowledge based economy, social capital …
– Job creation, economic prosperity, mindset, attitudes and behavirs …
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Thank You
For further information, please contact:
• John Isaac Graham Meewella, Managing Director
Emirates Center for Innovation & Entrepreneurship (ECIE)
P. O. Box 17555, UAE University, Al Ain, United Arab Emirates
Mob. +971-50-137-7965
Email. ([email protected])
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