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Update: Dr. Mariana Mazzucato, Professor of Science and Technology at the University of Sussex in Britain, led a workshop titled ‘The Entrepreneurial Government.’ Dr. Mazzucato outlined that governments are vital to creating new markets and growth opportunities, and play an equal role with the private sector in spurring innovation.

“There is a persistent misconception that innovation begins only in the private sector. While the government does exist to ensure a fair and level playing field and to solve market failures in the public’s best interest, it also serves a much more interesting role,” said Dr. Mazzucato.

Image: The UAE Government Summit 2015 displays the future of technology. (EAY)