Monday 16 May 2016

Global Entrepreneurship Support Network 1776 Chooses Dubai For Its First International Campus



Global Entrepreneurship Support Network 1776 Chooses Dubai For Its First International


What follows from this article is that, in this digital age of Information Technology and the Internet, it turns out that the great region of the Middle East and North Africa, which is often referred to as MENA, has received a tremendous amount of attention lately from various economic development groups from around the globe. It resulted in the area’s phenomenal present-day economic momentum, especially in the digital space. One of the vehicles driving the profound change there is the modern-day information technology that presents unique opportunities for successful entrepreneurship. Despite the mess that the region in general currently is, modern technology-based entrepreneurship there is said to be expansive and compelling.

Modern technology is rightly regarded as a multi-leveled avenue for innovation all over the world these days. Serving both as a platform and a commodity, modern computer and Internet-based technology offers a wide range of options both in terms of consumer market and private corporate enterprise. Social media, mobile, cloud, and data analytics have created opportunities for small and medium business entrepreneurship all across the globe. Around 85% of the traffic on Facebook alone is said to come from users outside North America.

Thanks to technology, product innovation and development have become easier and more rapid and accessible to entrepreneurs in any region in the world. These days, if you decided to bring economic and entrepreneurial activity in any target area in the world to a certain level of maturity and infrastructural integrity, all you have to do is to introduce modern technology into that region to determine local economic drivers and then innovate around those.

Modern Internet-based technology in the business-to-business (B2B) realm, can help you develop more rapidly your customer relations to help you shape your product. Likewise, in the business-to-consumer (B2C) market, modern technology allows you to more closely follow and anticipate your consumer behavior patterns. Moreover, modern technology is evolving and new technology startups pop up every day. Regardless of their whereabouts, technology startups have an vantage over more tech-entrenched areas when it comes to launching a well researched, creatively imagined, intelligently funded company, in that such a company stands out all along.

That’s why developing local and regional economic and social infrastructure has become much easier. Targeting specific regions and even separate nations for innovative and technological development has become a matter of political decisions rather than organic grass root economic efforts alone. All it takes is introducing modern technology to local enthusiastic entrepreneurs and small businesses to have them start on the path of integrating their economic activities into a global economic infrastructure.

Such technology trends as cloud, social media, mobile, and the sharing economy are taking place globally. They are being driven both east-to-west and west-to-east. However, one of the regions that have been particularly targeted for such innovative technology-based economic revival and deeper integration into the economy of the developed nations is the Middle East and North Africa (MENA) region.

The MENA region is apparently at the crossroads of the old and new economies. Its rapid integration into the economies of European Union and North America has become one of priorities of those global economic forces that have been driving the process of globalization for the last two decades. And the struggle for that region, which has been still ravished by wars and refugee crisis, has just started picking up pace.

From now on, the whole region is probably going to be viewed both as a geographic stepping stone of regional economic development located between European Union and Africa and as a single economic area that is targeted for integration and infrastructural realignment with major global economic communities in the European Union and the US. This process has been pushed using modern information technology to find local economic drives and to spur entrepreneurial activity across all its nations:

1. Algeria
2. Bahrain
3. Egypt
4. Iran
5. Iraq
6. Jordan
7. Kuwait
8. Lebanon
9. Yemen
10. United Arab Emirates
11. Libya
12. Morocco
13. Oman
14. Palestine
15. Israel
16. Qatar
17. Saudi Arabia
18. Syria
19. Tunisia

This technology-based economic activity is going to be centered around one geographic center of the MENA disruptive economic revolution. This center is apparently in Dubai, United Arab Emirates. The geography alone of this MENA economic capital creates tremendous opportunities for development. Dubai International Airport is among the top three in the world in total passengers. Its proximity to developing economies in Africa and Southeast Asia gives it a significant strategic advantage over other countries.

The fact that the Washington DC-headquartered global entrepreneurship support network 1776 has signed a Memorandum of Understanding with the Dubai Foundation of the Future (DFF) to launch a MENA-focused campus in Dubai, its first international unit outside the United States, means that the MENA has been slated to be integrated into global digital infrastructure as fast as possible! And this feat can be accomplished pretty easily through technology-based disruptive economic and entrepreneurial activity. Especially if it is done under the direct guidance and supervision of the US-based support agencies.



It appears that the US is actively using modern technology to induce MENA entrepreneurial activity in order to hook the region up to the US-centered global economy. It also appears that the MENA region is being viewed as one entity by Washington. It remains to be seem how soon and if such efforts by the US will lead to a general consolidation of the regional infrastructure and its integration into the global digital economic community, though. The MENA region has yet to be freed from all the terrorist groups that have inundated the area.Campus

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