a young nation with much idea generating and support around the start-up culture, which provides an
enabling innovation DNA to unleash the full benefit of digitization.
Furthermore, the disruption that the fourth industrial revolution will have on existing political, economic
and social models will require that empowered actors recognize that they are part of a wider
ecosystem that requires more collaborative forms of interaction to succeed15. Close collaboration not
only entails cooperation among tech companies, but also among the tech companies and the companies
in the key disrupted sectors, and among the public sector and companies, to succeed with a digital
revolution. These leadership competences can be built through high-level strategic partnerships with other
nations and at firm level, to fully exploit the potential that digitization has to create sustainable growth in
Jordan.
Another key trend is how the dynamic of innovation is changing globally. In particular, the following
elements are key:
DEMAND DRIVEN INNOVATION – Demand side innovation is an inclusive paradigm shift
away from supply side innovation to serving the needs of supply chains and customers. As the
Arab region is digitizing exponentially, culturally sensitive content and solutions will be a
particular opportunity to lead in the region. To support demand driven innovation, demand-side
innovation policies – from public procurement of innovation, to standards and regulations, to
lead markets and user-/consumer-driven innovation initiatives needs to be in place16.
THE IMPORTANCE OF TECH START-UPS AND ENTREPRENEURS – Start-ups and
entrepreneurship can create a culture of innovation, of developing ideas and solutions and adding
value in entirely new ways. Start-up programs play a key role in the attraction of international,
talented and high impact entrepreneurs to come and boost the local ecosystem.
THE MAKERS MOVEMENT – With the advent of digital manufacturing, fabrication
laboratories, or FabLabs, are spreading around the world. These centers provide access to
hardware, machines, and open-source software, along with affordable training and mentoring.
They encourage collaboration among stakeholders and across disciplines, and are increasingly
seen as a powerful way to spur entrepreneurship, address the skills gap, and alleviate youth
unemployment while revolutionizing production processes17.
ECOSYSTEMS AND NETWORKS – the increased digitization of the economy supports a
more efficient way of collaborating, sourcing and developing human capital. Particularly large
companies can take advantage of leveraging their scale advantages and investing in their
ecosystem of start-ups and SMEs by acquiring and partnering with smaller and more innovative
15 Schwab, Klaus (2016): The Fourth Industrial Revolution, World Economic Forum
16 OECD Competences to innovate › Stimulating demand for innovation > https://www.oecd.org/sti/outlook/eoutlook/stipolicyprofiles/competencestoinnovate/stimulatingdemandforinnovation.htm
17 World Economic Forum (2015): the Global Information Technology Report 2015
Select target paragraph3
Connect to a paragraph
Connect to an entity
Disable highlights
Add to table of contents