Health

Innovation in life sciences

October 27, 2015

Middle East

October 27, 2015

Middle East
Adam Green

Senior editor, EMEA

Adam is a senior editor for The Economist Intelligence Unit's thought leadership division in EMEA, focusing primarily on the Middle East and Africa. In this role, he has worked on in-depth research studies, surveys, multimedia documentaries and infographics on topics ranging from healthcare to personal finance. Previously, Adam was Deputy Editor of This is Africa, a bimonthly magazine published by the Financial Times. He also worked as Communications Officer for the International Growth Centre, a research institute based at the London School of Economics and funded by the UK Department for International Development. Adam holds a Masters in Development Studies from the School of Oriental and African Studies, with a grade of distinction, and an undergraduate degree in Philosophy and History and Philosophy of Science from the University of Leeds. His independent research and journalism has been published by the Middle East Institute.

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DNA sequencing, low-cost heart surgery and ‘med-tech’ are among the life sciences sectors where emerging markets are finding their niche.

This report, commissioned by Dubai Science Park, traces their trajectories from imitators to innovators, explores the obstacles faced, and identifies strategic lessons for countries seeking to nurture their own life sciences sector.

Key findings include:

  • The role of government in nurturing innovation is shifting away from intellectual property and towards direct R&D funding and incentives.
  • Collaboration is vital to innovation, but is not common enough in emerging markets.
  • Success does not depend only on size. Small economies have benefited by leveraging location, business environment and local skills.
  • Medical technology and health informatics is a promising avenue for emerging markets.

 

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