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Business & Law in the
Era of Industrial
Revolution 4.0…
26 November 2022
The 6th International Conference on Advances in Business and
Law (ICABL 2022), 26-27 November 2022
1.Coopetition
2.Disruptive Innovation: “is an innovation that creates a new market
and value network and eventually disrupts an existing market and
value network, displacing established market leaders and alliances
(Wikipedia).”
ICABL 2022
26/11/2022
Business & Law in the Era of
Industrial Revolution 4.0…
Dr. Eesa Al Bastaki
The 6th International
Conference on Advances in
Business and Law (ICABL
2022), 26-27 November 2022
The Human Capital &
Leadership...
 Capacity Building…
A Human Capital Development Requirement…
A True Leader…
 “This is what has convinced us to
direct all our resources to building the
individual, and to using the wealth
which God has provided us in the
service of the nation”
 "Building man in the next phase is a
national necessity that precedes the
construction of factories and facilities
because without a good man,
prosperity and good cannot be
achieved for the people.“
 “Wealth is not money. Wealth lies in
men”
Sheikh Zayed Bin Sultan Al Nahyan,
The First President of UAE
A True Leader…
• “The Federation of the United
Arab Emirates has relied, and
will continue to rely, on the rich
and diverse contributions of its
true wealth, its people, to
guarantee its prosperity.”
Sheikh Khalifa Bin Zayed Al Nahyan
A True Leader…
“If we invest in correctly now
then after 50 years we will be
celebrating when we export the
last barrel of oil”
“No place for those who lack
science and knowledge”
Sheikh Mohammed Bin Zayed Al Nahyan
A True Leader…
• “Yes, we seek to make people happy, and
making people happy will be our objective and
mission until it becomes a permanent and
deep-rooted reality.”
• “The positive leader does not succumb to
circumstances; he or she makes the best out of
them in order to build a new future for the
people.”
Sheikh Mohammed Bin Rashid Al Maktoum
A: Introduction & Vision…
Post-Oil Strategic Vision...
 “To achieve a long-term
sustainable, prosperous &
productive lifestyle after oil
for UAE’s next generations”
Requirements
1. Quality Education (QAOQ)
2. Research & Business Development
3. Innovation, Incubation &
Entrepreneurship
4. Robust, Secured, high-Speed,
Seamless & Reliable ICT Infrastructure
‫ع‬ ‫باع‬ُ‫ي‬‫و‬ ‫اإلمارات‬ ‫في‬ ‫نع‬ُ‫ص‬
‫الميا‬
Made in UAE, Sold
Globally
‫السحابية‬ ‫الحوسبة‬
Cloud Computing
‫النانوية‬ ‫التكنولوجيا‬
Nano-Technology (NEMS)
‫الحيوية‬ ‫التكنولوجيا‬
Bio-Technology
‫الروبوتات‬
Robotics
‫والمعزز‬ ‫االفتراضي‬ ‫الواقع‬
VR & AR
‫الضخمة‬ ‫البيانات‬
Big Data
‫األشياء‬ ‫إنترنيت‬
/
IPv6
Internet of Things (IoT)/IPv6
Wi-Fi 6 (IEEE 802.11ax, 9.6Gbps, 1024
QAM, Channel of 160MHz BW
‫بلوكشين‬
BlockChain
‫لل‬ ‫خدمة‬ ‫الرابعة‬ ‫الصناعية‬ ‫الثورة‬
‫تعليم‬
5G
‫ثالثية‬ ‫طباعة‬
‫األبع‬
‫اد‬
3D Printing
4th Industrial Revolution
Green Economy
‫األخضر‬ ‫االقتصاد‬
Cybersecurity
‫اإللكتروني‬ ‫األمن‬
‫االصطناعي‬ ‫الذكاء‬
Artificial Intelligence
‫ميتافرس‬
Metaverse
IOT in Business
Examples:
1. Healthcare: Wearables in
surgeries & MEMS
2. Industrial Business: empowers
manufacturing, Logistics and fleet
management, retail and banking
3. Agriculture: production efficiency,
speed and development
Robotics & AI in Business
Examples:
1. Healthcare: MEMS and remote
surgery
2. Industrial Business: automation
in manufacturing and Logistics
& fleet management
3. Agriculture: production
efficiency, speed and
development
VR & AR in Business
Examples:
1. Healthcare: remote diagnosis &
surgery
2. Industrial Business: tracking in
Logistics & fleet management
3. Agriculture: improving production
4. Education: smart education
Big Data in Business
Examples:
1. Healthcare: diagnosis and
analysis
2. Industrial Business: analytics of
Logistics & fleet management
3. Agriculture: analytics and
improvements in production
4. Education: smart education
3D Printing in Business
Examples:
1. Healthcare: organs transplant
2. Real Estate: modelling and
marketing
3. Education: smart education
Blockchain in Business & Law
examples:
1. Technical: back-end database that
maintains a distributed ledger,
openly
2. Business: exchange network for
moving value, assets between
peers, without the assistance of
intermediaries
3. legal: validates transactions
Innovation in
UAE…
6 7
The UAE National Strategy for Innovation, Oct
2014
4 5
2 3
1
Technology
Space
Renewable Energy
Water
Education
Health
Transportation
The objective of the National Innovation Strategy is to
stimulate innovation in 7 sectors (THE WREST):
Global Innovation Index
(GII)…
Global Innovation Index
(GII) ranking 2020:
UAE #34
First in the Arab world
Third in NAWA
Global Innovation Index
(GII) ranking 2021:
UAE #33
First in the Arab world
The Pillars of “Made in UAE, Sold Globally”…
Education
A Trained Workforce
• Instill a love of subject in
the young students
• Ease them towards subject
related higher education
• Encourage pursuit of
advanced degrees in
subject related fields
Bold – Imaginative – Action Oriented – Creative
Made in UAE
Sold Globally
Basic & Applied
R&BD
Innovative Breakthroughs
• Enable Academic and Private
sector research institutions
• Create an environment that
facilitates breakthrough thinking
applied to real-world issues
• Encourage Government, Academia
& Industry Collaboration in UAE
• Foster Applied and Basic
Research in the subject area
Incubation &
Startups
Commercial Success
• Fund Govt. and Private
incubators, incubatees and
startups
• Create a framework of
support for transforming
ideas to commercial
success
• Ensure “Home Grown”
knowledge creation and
market acceptance
Knowledge creation is not restricted to technology:
 Book: to be sold globally
 Literature: global standards
 Art: performed or done in UAE exported abroad
 Technology: made in UAE as per global standards
 Cinema: produced in UAE watched globally
 Medicine: produced locally & treated globally
 Industry: innovating in UAE competing globally
 Franchising: Boutique, Restaurant, etc…
• Coopetition
• Disruptive Innovation
University of Dubai…
An Education of Quality…
Being Smarter …
‫د‬
‫دبي‬ ‫جامعة‬
University of
Dubai
College of Engineering & IT
College of Law
Dubai Business School (DBS)
Entrepreneurship &
Innovation Free Zone
Center for Business
Research & Consultancy
Center for Future
Studies
Center for Executive
Development
Capacity: 1.7 MWh (Ground mount solar plant)
The % of the University electricity offset by solar: 100%
Expected Internal Rate of Return (IRR): 23%
Expected Payback: 5 years
Expected savings during 1st year of operation: AED 1,200,000
CO2 emissions abated: 2,040 tons
Total Project Cost: AED 6 million
System Design Life: 30 years
Feasibility Study started: 14 Dec 2016
Project Started: 20 Nov 2018
Finished: 15 Nov 2019
Using Robotic dry-cleaning system: 34000 Liters of water may be saved
per month.
University of Dubai:
World's First Net-Zero Energy Campus (NZEB)
University of Dubai:
World's First Net-Zero Energy Campus (NZEB)
University of Dubai:
World's First Net-Zero Energy Campus (NZEB)
University of Dubai:
World's First Net-Zero Energy Campus (NZEB)
“Fortune Favors the Bold”
By Lester Thurow
I have Ambitions For Innovations…
 The Future Favors the Bold
 The Future is what our imagination Leads us to
 The Future is What We Create Now
 And the Imagination of the Future is Limitless
• Coopetition
• Disruptive Innovation
THANK YOU…
Dr. Eesa Al Bastaki
President, University of Dubai
Chairman, Emirates Science Club
Honorary Chair, IEEE UAE
eesa@ud.ac.ae
eesa@bastaki.ae
• Coopetition
• Disruptive Innovation

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ICABL University of Dubai - 26-27 Nov 2022.pptx

  • 1. Business & Law in the Era of Industrial Revolution 4.0… 26 November 2022 The 6th International Conference on Advances in Business and Law (ICABL 2022), 26-27 November 2022 1.Coopetition 2.Disruptive Innovation: “is an innovation that creates a new market and value network and eventually disrupts an existing market and value network, displacing established market leaders and alliances (Wikipedia).”
  • 2. ICABL 2022 26/11/2022 Business & Law in the Era of Industrial Revolution 4.0… Dr. Eesa Al Bastaki The 6th International Conference on Advances in Business and Law (ICABL 2022), 26-27 November 2022
  • 3. The Human Capital & Leadership...  Capacity Building… A Human Capital Development Requirement…
  • 4. A True Leader…  “This is what has convinced us to direct all our resources to building the individual, and to using the wealth which God has provided us in the service of the nation”  "Building man in the next phase is a national necessity that precedes the construction of factories and facilities because without a good man, prosperity and good cannot be achieved for the people.“  “Wealth is not money. Wealth lies in men” Sheikh Zayed Bin Sultan Al Nahyan, The First President of UAE
  • 5. A True Leader… • “The Federation of the United Arab Emirates has relied, and will continue to rely, on the rich and diverse contributions of its true wealth, its people, to guarantee its prosperity.” Sheikh Khalifa Bin Zayed Al Nahyan
  • 6. A True Leader… “If we invest in correctly now then after 50 years we will be celebrating when we export the last barrel of oil” “No place for those who lack science and knowledge” Sheikh Mohammed Bin Zayed Al Nahyan
  • 7. A True Leader… • “Yes, we seek to make people happy, and making people happy will be our objective and mission until it becomes a permanent and deep-rooted reality.” • “The positive leader does not succumb to circumstances; he or she makes the best out of them in order to build a new future for the people.” Sheikh Mohammed Bin Rashid Al Maktoum
  • 8. A: Introduction & Vision…
  • 9. Post-Oil Strategic Vision...  “To achieve a long-term sustainable, prosperous & productive lifestyle after oil for UAE’s next generations” Requirements 1. Quality Education (QAOQ) 2. Research & Business Development 3. Innovation, Incubation & Entrepreneurship 4. Robust, Secured, high-Speed, Seamless & Reliable ICT Infrastructure ‫ع‬ ‫باع‬ُ‫ي‬‫و‬ ‫اإلمارات‬ ‫في‬ ‫نع‬ُ‫ص‬ ‫الميا‬ Made in UAE, Sold Globally
  • 10. ‫السحابية‬ ‫الحوسبة‬ Cloud Computing ‫النانوية‬ ‫التكنولوجيا‬ Nano-Technology (NEMS) ‫الحيوية‬ ‫التكنولوجيا‬ Bio-Technology ‫الروبوتات‬ Robotics ‫والمعزز‬ ‫االفتراضي‬ ‫الواقع‬ VR & AR ‫الضخمة‬ ‫البيانات‬ Big Data ‫األشياء‬ ‫إنترنيت‬ / IPv6 Internet of Things (IoT)/IPv6 Wi-Fi 6 (IEEE 802.11ax, 9.6Gbps, 1024 QAM, Channel of 160MHz BW ‫بلوكشين‬ BlockChain ‫لل‬ ‫خدمة‬ ‫الرابعة‬ ‫الصناعية‬ ‫الثورة‬ ‫تعليم‬ 5G ‫ثالثية‬ ‫طباعة‬ ‫األبع‬ ‫اد‬ 3D Printing 4th Industrial Revolution Green Economy ‫األخضر‬ ‫االقتصاد‬ Cybersecurity ‫اإللكتروني‬ ‫األمن‬ ‫االصطناعي‬ ‫الذكاء‬ Artificial Intelligence ‫ميتافرس‬ Metaverse
  • 11. IOT in Business Examples: 1. Healthcare: Wearables in surgeries & MEMS 2. Industrial Business: empowers manufacturing, Logistics and fleet management, retail and banking 3. Agriculture: production efficiency, speed and development
  • 12. Robotics & AI in Business Examples: 1. Healthcare: MEMS and remote surgery 2. Industrial Business: automation in manufacturing and Logistics & fleet management 3. Agriculture: production efficiency, speed and development
  • 13. VR & AR in Business Examples: 1. Healthcare: remote diagnosis & surgery 2. Industrial Business: tracking in Logistics & fleet management 3. Agriculture: improving production 4. Education: smart education
  • 14. Big Data in Business Examples: 1. Healthcare: diagnosis and analysis 2. Industrial Business: analytics of Logistics & fleet management 3. Agriculture: analytics and improvements in production 4. Education: smart education
  • 15. 3D Printing in Business Examples: 1. Healthcare: organs transplant 2. Real Estate: modelling and marketing 3. Education: smart education
  • 16. Blockchain in Business & Law examples: 1. Technical: back-end database that maintains a distributed ledger, openly 2. Business: exchange network for moving value, assets between peers, without the assistance of intermediaries 3. legal: validates transactions
  • 18. 6 7 The UAE National Strategy for Innovation, Oct 2014 4 5 2 3 1 Technology Space Renewable Energy Water Education Health Transportation The objective of the National Innovation Strategy is to stimulate innovation in 7 sectors (THE WREST):
  • 20. Global Innovation Index (GII) ranking 2020: UAE #34 First in the Arab world Third in NAWA
  • 21. Global Innovation Index (GII) ranking 2021: UAE #33 First in the Arab world
  • 22. The Pillars of “Made in UAE, Sold Globally”… Education A Trained Workforce • Instill a love of subject in the young students • Ease them towards subject related higher education • Encourage pursuit of advanced degrees in subject related fields Bold – Imaginative – Action Oriented – Creative Made in UAE Sold Globally Basic & Applied R&BD Innovative Breakthroughs • Enable Academic and Private sector research institutions • Create an environment that facilitates breakthrough thinking applied to real-world issues • Encourage Government, Academia & Industry Collaboration in UAE • Foster Applied and Basic Research in the subject area Incubation & Startups Commercial Success • Fund Govt. and Private incubators, incubatees and startups • Create a framework of support for transforming ideas to commercial success • Ensure “Home Grown” knowledge creation and market acceptance Knowledge creation is not restricted to technology:  Book: to be sold globally  Literature: global standards  Art: performed or done in UAE exported abroad  Technology: made in UAE as per global standards  Cinema: produced in UAE watched globally  Medicine: produced locally & treated globally  Industry: innovating in UAE competing globally  Franchising: Boutique, Restaurant, etc… • Coopetition • Disruptive Innovation
  • 23. University of Dubai… An Education of Quality… Being Smarter …
  • 24. ‫د‬ ‫دبي‬ ‫جامعة‬ University of Dubai College of Engineering & IT College of Law Dubai Business School (DBS) Entrepreneurship & Innovation Free Zone Center for Business Research & Consultancy Center for Future Studies Center for Executive Development
  • 25. Capacity: 1.7 MWh (Ground mount solar plant) The % of the University electricity offset by solar: 100% Expected Internal Rate of Return (IRR): 23% Expected Payback: 5 years Expected savings during 1st year of operation: AED 1,200,000 CO2 emissions abated: 2,040 tons Total Project Cost: AED 6 million System Design Life: 30 years Feasibility Study started: 14 Dec 2016 Project Started: 20 Nov 2018 Finished: 15 Nov 2019 Using Robotic dry-cleaning system: 34000 Liters of water may be saved per month. University of Dubai: World's First Net-Zero Energy Campus (NZEB)
  • 26. University of Dubai: World's First Net-Zero Energy Campus (NZEB)
  • 27. University of Dubai: World's First Net-Zero Energy Campus (NZEB)
  • 28. University of Dubai: World's First Net-Zero Energy Campus (NZEB)
  • 29. “Fortune Favors the Bold” By Lester Thurow I have Ambitions For Innovations…  The Future Favors the Bold  The Future is what our imagination Leads us to  The Future is What We Create Now  And the Imagination of the Future is Limitless • Coopetition • Disruptive Innovation
  • 30. THANK YOU… Dr. Eesa Al Bastaki President, University of Dubai Chairman, Emirates Science Club Honorary Chair, IEEE UAE eesa@ud.ac.ae eesa@bastaki.ae • Coopetition • Disruptive Innovation